Maersk Investor Presentation Deck

Ocean highlights Q1 2020 Higher fuel prices and volume decline fully mitigated 15 USDm 1,400 1,300 1,200 1,100 1,000 900 800 700 600 940 EBITDA Q1 2019 Q1 2020 interim report 368 Freight rates effect -339 Bunker price -125 Volume effect 97 Container handling cost, excl. volume effect 151 Network cost and bunker consumption -58 Others 141 Unrealised derivative gains on inventory hedges 1,175 EBITDA Q1 2020 MAERSK

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