Transactions in connection with share buy-back program

ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program

On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn was to be executed during a 15-month period beginning 4 June 2019. The first phase of the program was initiated on 4 June 2019 and completed on 25 September 2019, and the second phase of the program was initiated on 26 September and completed on 28 February 2020.

During the third phase of the program running from 4 March 2020 up to 24 July 2020, the Company will buy-back A and B shares for an amount of up to DKK 3.4bn.

The following transactions have been made under the program in the period 13 July 2020 to 17 July 2020:

			Number of A shares	Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement			257,355			1,833,205,068
13 July 2020			879	7,654.9063		6,728,663
14 July 2020			887	7,589.0603		6,731,496
15 July 2020			871	7,765.1655		6,763,459
16 July 2020			865	7,759.4762		6,711,947
17 July 2020			848	7,856.8204		6,662,584
Total 13-17 July 2020			4,350			33,598,149
Bought from A.P. Møller Holding A/S*			2,237			17,277,964
Accumulated in third phase of the program			96,342			610,499,864
Accumulated under the program	261,705						1,866,803,217
	Number of