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 29 February 2016 to 4 March 2016: Number of Average Transaction value, A shares purchase A shares, DKK price A shares, DKK -------------------------------------------------------------------------------- Accumulated, last announcement 129,536 1,174,667,741 29 February 2016 1,435 8,723.95 12,518,868 1 March 2016 1,443 8,739.60 12,611,243 2 March 2016 1,394 9,013.24 12,564,457 3 March 2016 861 9,106.56 7,840,748 4 March 2016 820 9,196.25 7,540,925 Accumulated in second 90,846 772,780,507 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 135,489 1,227,743,982 -------------------------------------------------------------------------------- Number of Average Transaction B shares purchase value, price B B shares, DKK shares, DKK -------------------------------------------------------------------------------- Accumulated last announcement 516,084 4,772,316,683 29 February 2016 5,746 8,905.98 51,173,761 1 March 2016 5,746 8,945.54 51,401,073 2 March 2016 5,582 9,220.42 51,468,384 3 March 2016 3,448 9,320.90 32,138,463 4 March 2016 3,447 9,408.98 32,432,754 Accumulated in second 363,572 3,146,270,213 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 540,053 4,990,931,119 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 135,489 A shares and 625,305 B shares as treasury shares, corresponding to 3.53% of the share capital. Copenhagen, 7 March 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