A.P. Møller - Mærsk

Transaction in Own Shares • May 11, 2020

Transactions in connection with share buy-back program

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 4 May 2020 to 7 May 2020:

			Number of A shares	Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement			212,607			1,528,840,031
04 May 2020			1,081	5,825.9524		6,297,855
05 May 2020			1,174	5,927.7807		6,959,215
06 May 2020			1,132	5,919.0000		6,700,308
07 May 2020			1,126	5,927.3218		6,674,164
Total 4-7 May 2020			4,513			26,631,541
Bought from A.P. Møller Holding A/S*			2,321			13,696,386
Accumulated in third phase of the program			51,757			299,168,220
Accumulated under the program	217,120						1,555,471,572
	Number of B shares				Average purchase price B shares, DKK		Transaction value, B shares, DKK
Accumulated, last announcement		849,287					6,500,962,879
04 May 2020		4,421			6,239.8205		27,586,246
05 May 2020		4,920			6,373.1280		31,355,790
06 May 2020		4,577			6,362.8348		29,122,695
07 May 2020		4,846			6,361.5208		30,827,930
Total 4-7 May 2020		18,764					118,892,661
Bought from A.P. Møller Holding A/S*		7,322					46,393,755
Accumulated in third phase of the program		206,500					1,277,319,944
Accumulated under the program		868,051					6,619,855,540

*) 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 2

With the transactions stated above, the Company owns a total of 217,120 A shares and 915,080 B shares as treasury shares, corresponding to 5.44% of the share capital.

Details of each transaction are included as appendix.

Copenhagen, 11 May 2020

Contact persons:

Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106

Head of Media Relations, Signe Wagner, tel. +45 3363 1901       

Page 2 of 2

Attachments

• Announcement - Transactions in connection with share buy-back program - week 19
• Daily transactions in connection with share buy-back program - week 19