Initiates second phase of share buy-back program

Core Viewpoint - A.P. Møller - Mærsk A/S has initiated the second phase of its share buy-back program, aiming to acquire shares worth up to DKK 7.2 billion (approximately USD 1.1 billion) over a period from 11 August 2025 to 4 February 2026 [2][3]. Group 1: Share Buy-Back Program Details - The total market value for the second phase of the share buy-back program is set at DKK 7.2 billion (around USD 1.1 billion) [3]. - A maximum of 325,000 A shares and 1,900,000 B shares can be acquired during this phase [3]. - The first phase of the program, which started on 7 February 2025 and ended on 6 August 2025, resulted in the acquisition of shares valued at DKK 7.2 billion [2]. Group 2: Regulatory Compliance - The share buy-back program will be executed in accordance with EU Commission Regulation No. 596/2014 and the Safe Harbour Regulation, ensuring compliance with insider legislation [4]. - The program is authorized by the Board of Directors based on a resolution from the Annual General Meeting in March 2025, allowing the acquisition of treasury shares up to 15% of the share capital [5]. Group 3: Management and Execution - Skandinaviska Enskilda Banken (SEB) has been appointed as the Lead Manager for the second phase, making independent trading decisions within the set limits [6]. - The company currently holds 90,469 A-shares and 617,423 B-shares, representing 4.47% of the share capital prior to the second phase [6]. Group 4: Purchase Terms and Conditions - Shares will not be bought back at a price exceeding the higher of the latest independent trade price or the highest current independent offer price [8]. - The maximum number of shares purchased daily will not exceed 22.50% of the average daily trading volume over the last 20 trading days [8]. - A and B shares will be acquired in a 15/85 split, reflecting their trading volumes [8]. Group 5: Participation and Reporting - A.P. Møller og Hustru Chastine Mc-Kinney Møllers Familiefond will participate in the buy-back by selling B-shares relative to its ownership of 9.83% as of 6 August 2025 [8]. - The company will report purchases made under the buy-back program at least every 7 trading days [8].