A.P MOLLER HOLDING - ANNUAL REPORT 2020

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A.P. MØLLER HOLDING A/S ANNUAL REPORT 2020 · MANAGEMENT REVIEW

EXECUTIVE BOARD ROBERT M. UGGLA

JAN T. NIELSEN

MARTIN N. LARSEN

CHIEF EXECUTIVE OFFICER

CHIEF INVESTMENT OFFICER

CHIEF FINANCIAL OFFICER

Robert M. Uggla, MSc in Business Administration, joined A.P. Moller Maersk in 2004 and has held various roles, most recently as CEO for Svitzer A/S.

Jan T. Nielsen, MSc in Economics, has extensive experience in private equity and investment banking from his role as Senior Managing Director at Blackstone Private Equity, Hong Kong.

Martin N. Larsen, MSc in Economics & Finance, joined A.P. Moller Maersk in 2003 and has held several roles, most recently as VP, Head of Financial Planning & Analysis.

Other management duties, etc. • A.P. Møller Capital P/S (Chairman) • Maersk Tankers A/S (Chairman) • Maersk Product Tankers A/S (Chairman) • A.P. Møller - Mærsk A/S (Board member) • The Drilling Company of 1972 A/S (Vice Chairman) • ZeroNorth A/S (Board member) • Foundation Board of IMD (Board member) • Agata ApS (CEO, including CEO in a number of controlled entities) • Estemco XII ApS (CEO) • International Business Leaders’ Advisory Council in Shanghai (Member)

Other management duties, etc. • KK Wind Solutions Holding A/S (Chairman) • Danske Bank A/S (Vice Chairman) • A.P. Møller Capital P/S (Board member) • LEGO A/S (Board member) • Thorsgaard Holding ApS (CEO)

Other management duties, etc. • A.P. Møller Capital P/S (Board member) • Maersk Tankers A/S (Board member) • Maersk Product Tankers A/S (Board member) • The Drilling Company of 1972 A/S (Board member) • Navigare Capital Partners A/S (Board member) • Assuranceforeningen SKULD (Gjensidig) (Board member) • MVKH ApS (CEO)

Jan T. Nielsen is appointed to the Board of Directors in a number of entities controlled by A.P. Møller Holding A/S

Martin N. Larsen is appointed to the Executive Board and Board of Directors in a number of entities controlled by A.P. Møller Holding A/S

Robert M. Uggla is appointed to the Board of Directors in a number of entities controlled by A.P. Møller Holding A/S

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