ANNOUNCEMENT A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program On 31 August 2015 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. 2273/2003 of 22 December 2003 (the Safe Harbour regulation). The share buy-back program of up to DKK 6.7bn is to be executed during a 12-month period beginning 1 September 2015. The following transactions have been made under the program in the period 9 November November 2015 to 13 November 2015: Number of Average purchase Transaction value, A shares price A shares, A shares, DKK DKK -------------------------------------------------------------------------------- Accumulated, last 33,127 340,402,856 announcement 9 November 2015 656 10,164.53 6,667,933 10 November 2015 717 9,912.95 7,107,585 11 November 2015 666 9,942.65 6,621,802 12 November 2015 717 9,796.93 7,024,398 13 November 2015 727 9,633.70 7,003,698 Accumulated under the program 36,610 374,828,272 -------------------------------------------------------------------------------- Number of Average purchase Transaction value, B shares price B shares, B shares, DKK DKK -------------------------------------------------------------------------------- Accumulated last announcement 130,624 1,377,890,120 9 November 2015 2,708 10,461.59 28,329,980 10 November 2015 2,954 10,178.88 30,068,413 11 November 2015 2,954 10,192.44 30,108,481 12 November 2015 2,954 10,036.23 29,647,021 13 November 2015 2,659 9,858.50 26,213,744 Accumulated under the program 144,853 1,522,257,759 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 36,610 A shares and 230,105 B shares as treasury shares, corresponding to 1,24% of the share capital. Copenhagen, 16 November 2015 Contact persons: Head of Investor Relations, Henrik Lund, tel. +45 3363 3106 Head of Media Relations, Louise Münter, tel. +45 3363 1912 Page 1 of 1