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. During the second phase of the program running from 1 December 2015 to 31 March 2016, the Company will buy-back A and B shares for an amount of up to DKK 4,400 mill. The following transactions have been made under the program in the period 22 February 2016 to 26 February 2016: Number of Average Transaction value, A shares purchase A shares, DKK price A shares, DKK -------------------------------------------------------------------------------- Accumulated, last announcement 123,450 1,125,032,917 22 February 2016 828 8,218.56 6,804,968 23 February 2016 1,708 8,230.70 14,058,036 24 February 2016 1,761 7,945.09 13,991,303 25 February 2016 1,195 8,140.80 9,728,256 26 February 2016 594 8,505.49 5,052,261 Accumulated in second 84,893 719,704,266 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 129,536 1,174,667,741 -------------------------------------------------------------------------------- Number of Average Transaction B shares purchase value, price B B shares, DKK shares, DKK -------------------------------------------------------------------------------- Accumulated last announcement 491,811 4,569,633,052 22 February 2016 3,449 8,390.80 28,939,869 23 February 2016 6,591 8,433.80 55,587,176 24 February 2016 7,059 8,157.41 57,583,157 25 February 2016 4,785 8,344.30 39,927,476 26 February 2016 2,389 8,642.09 20,645,953 Accumulated in second 339,603 2,927,655,778 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 516,084 4,772,316,683 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 129,536 A shares and 601,336 B shares as treasury shares, corresponding to 3.39% of the share capital. Copenhagen, 29 February 2016 Contact persons: Senior Investor Relations Officer, Johan Mortensen, tel. +45 3363 3622 Head of Media Relations, Louise Münter, tel. +45 3363 1912 Page 1 of 1