A.P. Møller - Mærsk

Board/Management Information • Jun 23, 2016

                              ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Søren Skou appointed new CEO of Maersk Group

Since 2008 the Maersk Group has successfully gone through a phase of
operational optimisation in each of its businesses to the point of top quartile
performance in most units.

In order to leverage this position the Board of Directors have initiated a
process to further develop the strategic options for the Maersk Group.

To lead this phase the Board of Directors has today appointed Søren Skou as new
Chief Executive Officer of A.P. Møller - Mærsk A/S, replacing Nils S. Andersen,
who will leave the Maersk Group. The changes are effective as of July 1, 2016.

The Board of Directors acknowledges Nils S. Andersen’s dedicated and persistent
contribution to A.P. Møller - Mærsk A/S since 2005, first as Member of the
Board of Directors and subsequently as Chief Executive Officer since December
2007, where he has been a driving force in building a focused and lean global
conglomerate of five core businesses within shipping, logistics and energy.

“On Behalf of the Board of Directors I thank Nils S. Andersen for considerable
results in fronting the Group’s international growth, strengthening the
customer focus and competitiveness of the businesses, as well as simplifying
governance and increasing transparency and communication with our
stakeholders,” says Chairman of the Board of Directors, Michael Pram Rasmussen.

Søren Skou has been employed with A.P. Møller - Mærsk since 1983 and member of
the Executive Board of A.P. Møller - Mærsk since 2006. In 2012 he was appointed
CEO of Maersk Line. Søren Skou will remain in this position in addition to his
position as CEO for the Maersk Group.

“Søren has strong business acumen and thorough knowledge of the Group’s various
businesses and has successfully restructured the businesses he has led. The
Board of Directors knows Søren as a respected and knowledgeable leader with the
ability to adapt quickly to market changes in close collaboration with the
Board of Directors, the executive management and his employees,” says Michael
Pram Rasmussen.

The Board of Directors has tasked the new management to investigate the
strategic and structural options to further increase agility and synergies. The
Board of Directors will communicate on the progress before end of 3rd quarter
2016.

“I am excited about the opportunity to lead A.P. Møller – Mærsk into the next
phase of our strategic development. The fast-paced changes of this world demand
that we can adapt quickly, easily and at a minimal cost while retaining the
focus on each Business Unit. Our future set-up must effectively respond to
these challenges” says Søren Skou, CEO of Maersk Line.

Søren Skou’s curriculum vitae is attached to this announcement.

Copenhagen, 23 June 2016

Contact person:

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

Head of Media Relations, Louise Münter, tel. +45 3363 1912

CV Søren Skou, CEO of Maersk Group as pr. July 1, 2016

Søren Skou has been a member of the Executive Board of A.P. Møller – Mærsk A/S
since 2006.

In January 2012, Søren Skou took on the position as CEO of Maersk Line, a USD
25 bill. company and the global leader in the container transportation
industry. As the largest business unit in Maersk Group, Maersk Line is like the
mother company headquartered in Copenhagen, Denmark.

Søren Skou joined Maersk in 1983 and for 15 years held various leading
positions in Maersk Line, with roles in Copenhagen, New York and Beijing

Søren Skou was CEO of Maersk Tankers from 2001 to 2011.

Besides a long experience as a board member and Chairman of the Board of Maersk
Group companies, Søren Skou has also previously served on the Board of two
listed companies.

Søren Skou is a graduate of business administration from Copenhagen Business
School, and further accomplished an MBA with honours from IMD, Switzerland. He
is 51 years old, married to Lene Skou and they have three children.