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 29 June 2020 to 3 July 2020:

			Number of A shares	Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement			248,245			1,765,636,935
29 June 2020			968	7,056.7447		6,830,929
30 June 2020			947	7,174.9130		6,794,643
01 July 2020			947	7,208.3043		6,826,264
02 July 2020			939	7,367.3026		6,917,897
03 July 2020			860	7,464.6651		6,419,612
Total 29 June-3 July 2020			4,661			33,789,345
Bought from A.P. Møller Holding A/S*			2,397			17,376,675
Accumulated in third phase of the program			87,543			543,122,928
Accumulated under the program	252,906						1,799,426,280
	Number of B shares				Average purchase price B shares, DKK		Transaction value, B shares, DKK
Accumulated, last announcement		992,502					7,518,974,686
29 June 2020		3,836			7,596.0641		29,138,502
30 June 2020		3,824			7,714.8902		29,501,740
01 July 2020		3,739			7,747.6956		28,968,634
02 July 2020		3,767			7,932.6739		29,882,383
03 July 2020		3,598			8,035.1923		28,910,622
Total 29 June-3 July 2020		18,764					146,401,880
Bought from A.P. Møller Holding A/S*		7,322					57,128,253
Accumulated in third phase of the program		349,715					2,322,840,970
Accumulated under the program		1,011,266					7,665,376,566

*) 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.

With the transactions stated above, the Company owns a total of 95,929 A shares and 430,357 B shares as treasury shares, corresponding to 2.63% of the share capital.

Details of each transaction are included as appendix.

Copenhagen, 6 July 2020

Contact persons:

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

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

Attachments

• 20200706 Announcement - Transactions in connection with share buy-back p.._

• Daily transactions in connection with share buy-back program - week 27