CORPORATE SOCIAL RESPONSIBILITY

For A.P. Moller Holding’s statutory statement on CSR in accordance with section 99a of The Danish Financial Statements Act, please refer to: https://apmoller.com/wp-content/uploads/2023/03/APMH-CSR-Report-2022.pdf.

STATUTORY REPORT CF. SECTION 99B OF THE DANISH FINANCIAL STATEMENTS ACT

The Board of Directors counts two women and three men. This constitutes gender balance in accordance with the guidelines issued by The Danish Business Authority.

A.P. Moller Holding has not set a consolidated target for the underrepresented gender across its portfolio companies, but has ensured that all subsidiaries which fall under the requirements as reporting class large C or D have set targets for their supreme management body individually. Furthermore, our subsidiaries report on their individual targets in their annual reports, as well as for their individual policies concerning gender balance at other management levels, if applicable.

‘Nyttig virksomhed’ is a key element in our investment strategy, and we are open to reconsider our ownership of a business, if its business model does not have a positive impact on society. Hence, social responsibility is integrated into our purpose and is core to everything we do.

As part of good governance practice, we have implemented policies and systems to secure a solid basis for our activities as an engaged investment company. We focus on mitigating the key risks of essential compliance areas including money laundering & financing of terrorism and bribery & corruption. As reflected in our Anti-Bribery & Anti-Corruption Policy, we have zero tolerance towards fraud and bribery, which is one of the cornerstones in our overall framework for how to exercise due care to prevent bribery and corruption internally as well as in relation to third parties acting on behalf of A.P. Moller Holding. This is especially relevant in relation to our investments, where we, prior to investing, conduct thorough due diligence measures on the target and relevant counterparties such as advisors, co-investors, etc.

STATUTORY REPORT CF. SECTION 99A OF THE DANISH FINANCIAL STATEMENTS ACT

As an international investment company with a broad range of investment activities, A.P. Moller Holding has a significant influence on society. We acknowledge the responsibilities that this entails and make an effort to ensure that we are recognised as a trustworthy group of companies.

The Board of Directors of each of our portfolio companies, A.P. Moller - Maersk, Unilabs, Danske Bank, Faerch, Noble, Maersk Product Tankers, KK Wind Solutions, Nissens Cooling Solutions, Maersk Tankers, A.P. Moller Capital, Innargi, and ZeroNorth, define their own specific CSR policies and Codes of Conduct. We are represented on each board in companies where we hold a minimum of 50% of the votes, and these representatives ensure that CSR policies, including human rights, climate change, and environmental impact, are enforced. Policies are adapted to meet the circumstances in which each of the affiliates operate.

STATUTORY REPORT CF. SECTION 99D OF THE DANISH FINANCIAL STATEMENTS ACT

In line with our core values, responsible use of information and data is part of our overall aim to adhere to high ethical standards. Pursuant to the requirements and with our daily operations and activities as a starting point, A.P. Moller Holding has developed a policy on data ethics based on five principles reflecting how we use and process both personal and non-personal data as well as general data and information. The policy addresses our aim for being transparent as appropriate and acting responsibly with respect and dignity both towards our employees and when working with third parties. The policy complements our policies and procedures on handling of personal data, IT-security, etc.