Transactions in connection with share buy-back program

ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program

On 30 November 2020, A.P. Møller - Mærsk A/S (the Company) announced first phase of 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 is to be executed during a 15-month period beginning 1 December 2020.

During the first phase of the program running from 1 December 2020 up to 29 April 2021, the Company will buy-back A and B shares for an amount of up to DKK 3.3bn.

The following transactions have been made under the program in the period 21 December 2020 to 23 December 2020:

		Number of A shares			Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement (market and A.P. Møller Holding A/S)		7,371				90,168,031
21 December 2020		240		12,851.5000		3,084,360
22 December 2020		240		12,727.9583		3,054,710
23 December 2020		240		12,629.4167		3,031,060
Total 21-23 December 2020			720				9,170,130
Bought from A.P. Møller Holding A/S*			763	12,736.2917			9,717,791
Accumulated under the program (market and A. P. Møller Holding A/S)			8,854				109,055,951
			Number of B shares	Average purchase price B shares, DKK			Transaction value, B shares, DKK
Accumulated, last announcement (market and A.P. Møller Holding A/S)	29,480						384,194,737
21 December 2020			1,200	13,808.1125			16,569,735
22 December 2020			1,200	13,699.5250			16,439,430
23 December 2020			1,215	13,595.6667			16,518,735
Total 21-23 December 2020			3,615				49,527,900
Bought from A.P. Møller Holding A/S*			2,314	13,700.6639			31,703,336
Accumulated under the program (market and A. P. Møller Holding A/S)			35,409				465,425,973

*) 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 program.

With the transactions stated above, the Company owns a total of 117,724 A shares and 505,988 B shares as treasury shares, corresponding to 3.11% of the share capital.

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Details of each transaction are included as appendix.

Copenhagen, 28 December 2020

Contact persons:

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

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

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Attachments

• Announcement - Transactions in connection with share buy-back program (week 52, 2020)

• Daily transactions in connection with share buy-back program - week 52