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Transactions in connection with share buy-back program – share buy-back program completed

ANNOUNCEMENTA.P. Møller – Mærsk A/S – Transactions in connection with share buy-back program – share buy-back program completedOn 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 20 July 2020 to 24 July 2020:*) According to a separate agreement, A.P. Møller Holding A/S participates on a pro rata basis to the shares purchased in the share buy-back programme.                                                                                                                                                                                                                                                                      Page 1 of 2With the transactions stated above, the Company owns a total of 108,870 A shares and 482,495 B shares as treasury shares, corresponding to 2.95% of the share capital.Details of each transaction are included as appendix.The DKK 10 billion share buy-back program has thereby been concluded as per 24 July 2020.Copenhagen, 27 July 2020Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106Head of Media Relations, Signe Wagner, tel. +45 3363 1901       Page 2 of 2AttachmentsAnnouncement – Transactions in connection with share buy-back program – program completed – week 30 2020Daily transactions in connection with share buy-back program – week 30 2020

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