A.P. Møller - Mærsk

Board/Management Information • Feb 8, 2017

                              ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Change of Chairman of the Board of Directors and
proposal for election of members of the Board of Directors

Change of Chairman of the Board of Directors effective 28 March 2017

Michael Pram Rasmussen has informed the Board of Directors that he will step
down as Chairman of the Board of Directors of A.P. Møller - Mærsk A/S effective
at the Annual General Meeting which will be held on Tuesday 28 March 2017.

Michael Pram Rasmussen will remain member of the Board of Directors until the
Annual General Meeting at which time his current election period expires.
Michael Pram Rasmussen has informed the Board of Directors that he will not
stand for re-election.

The Board of Directors of A.P. Møller - Mærsk A/S intends to elect Jim Hagemann
Snabe to succeed Michael Pram Rasmussen as Chairman following the Annual
General Meeting.

Vice Chairman Ane Mærsk Mc-Kinney Uggla says: ”Since 1999 Michael Pram
Rasmussen has served A.P. Møller - Mærsk A/S as a Board member, 14 years as our
Chairman. I am very grateful for his many contributions and relentless
commitment to our Group, during good as well as hard times. Michael has
anchored the ongoing transformation of the company, with solid business insight
as well as loyalty to our name. I look forward to welcoming Jim Hagemann Snabe
to take the torch that will lead us into the future.”

Chairman Michael Pram Rasmussen says: ”In 2016 we took a decision to change the
direction of the company. With a new structure accomplished and a new
leadership team established led by Soren Skou, we are ready to implement the
new strategy focusing on developing Transport & Logistics and for the next
generation to take the lead and respond to industry opportunities. Timing is
right for me as well as for the company to retire as the Chairman.”

Jim Hagemann Snabe says: ”I am honored to be nominated as new Chairman of the
Board.

A.P. Møller - Mærsk A/S is a very strong company, with an impressive history
and impact on global trade and it has enormous potential in a world of constant
change. I look forward to working with the board and the management team on the
transformation that lies ahead of us, as well as securing a strong future
platform for our oil and oil related businesses.”

Proposal for election of members of the Board of Directors

At the Annual General Meeting, Michael Pram Rasmussen, Niels Jacobsen, Arne
Karlsson, Dorothee Blessing and Niels Bjørn Christiansen will stand down from
the Board of Directors in accordance with the company’s articles of
association.

The Board proposes re-election of Niels Jacobsen, Arne Karlsson, Dorothee
Blessing and Niels Bjørn Christiansen.

Information on the proposed members of the Board of Directors will be provided
in the notice convening the Annual General Meeting.

Copenhagen, 8 February 2017.

Contact person: Executive Vice President, Lars-Erik Brenøe, tel. +45 3363 3607

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