Table of Contents Table of Contents 2 List of Tables 3 List of Figures 4 Company Snapshot 5 Key Information 5 Company Overview 5 A.P. Moller - Maersk A/S, Valuation and Financial Data 6 A.P. Moller - Maersk A/S, Share Price Performance 6 Share Price Performance, Q1, 2015-Q1, 2016 6 A.P. Moller - Maersk A/S, Key Valuation Metrics 7 Key Valuation Metrics, Q1, 2015-Q1, 2016 7 A.P. Moller - Maersk A/S, Quarterly Results of Oil & Gas Operations Per boe Produced 8 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 8 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 9 A.P. Moller - Maersk A/S, Quarterly E&P Costs Trends 10 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 10 A.P. Moller - Maersk A/S, Quarterly Production Trends 11 A.P. Moller - Maersk A/S, Total Oil and Gas Production 11 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 11 A.P. Moller - Maersk A/S, Valuation and Financial Data, 2011-2015 12 A.P. Moller - Maersk A/S, Share Price Performance, 2011-2015 12 Share Price Performance, 2011-2015 12 Key Valuation Metrics, 2011-2015 13 A.P. Moller - Maersk A/S, Production and Reserves Trends 14 Total Oil and Gas, Reserves and Production 14 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 14 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 15 A.P. Moller - Maersk A/S, E&P Costs Trends 16 Allocation of the Upstream Capital Expenditure 16 Upstream Capital Expenditure, 2011-2015 16 A.P. Moller - Maersk A/S, Results of Oil & Gas Operations Trend 17 Oil and Gas Revenue and Expenses 17 Oil and Gas Revenue and Expenses, 2011-2015 17 Oil and Gas Revenue and Expenses, Per boe 18 Oil and Gas Revenue and Expenses, By boe, 2011-2015 18 Oil and Gas Performance Metrics 19 Recent Developments 20 A.P. Moller - Maersk A/S - Recent Developments 20 Sep 29, 2016: Maersk Oil To Launch Organisational Review Following Group Strategy Update 20 Sep 22, 2016: Maersk - Progress Update On Strategic Review And Change Of Management 20 Sep 22, 2016: Maersk - Changes In Executive Management In The Group’s Portfolio Of Businesses 23 Sep 22, 2016: A.P. Moller - Mærsk - Progress Update On Strategic Review And Change Of Management 25 Sep 06, 2016: Maintenance Work Affects Crude Cargoes Loading At Al-Shaheen Oil Field: Maersk Oil 28 Aug 24, 2016: Government Of Kenya: Kenya Will Be An Oil Exporting Country In June 2017 28 Aug 23, 2016: NHV Starts H175 Operations For Maersk Oil Out Of Esbjerg 29 Aug 12, 2016: Maersk Interim Report Q2 2016 29 Jun 28, 2016: Denmark's Maersk Oil To Focus On Activities In North Sea And Kenya 30 Jun 27, 2016: Maersk Oil To Leave Qatar In 2017 Following Al Shaheen Decision 30 Appendix 32 Methodology 32 Coverage 32 Secondary Research 32 Primary Research 32 Data Information Sources 33 Company Source 33 SEC/Other Regulatory Filings 33 Other Sources 33 Expert Panel Validation 33 Data Definition 33 Oil and Gas Reserves 33 Units of Measure 34 About GlobalData 34 Disclosure 34 Disclaimer 34

List of Tables Table 1: A.P. Moller - Maersk A/S, Key Facts 5 Table 2: A.P. Moller - Maersk A/S, Share Price Performance, Q1, 2015-Q1, 2016 6 Table 3: A.P. Moller - Maersk A/S, Key Valuation Metrics, Q1, 2015-Q1, 2016 7 Table 4: A.P. Moller - Maersk A/S, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 8 Table 5: A.P. Moller - Maersk A/S, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 9 Table 6: A.P. Moller - Maersk A/S, Upstream Capital Expenditure, Q1, 2015-Q1, 2016 10 Table 7: A.P. Moller - Maersk A/S, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 11 Table 8: A.P. Moller - Maersk A/S, Share Price Performance, 2011-2015 12 Table 9: A.P. Moller - Maersk A/S, Key Valuation Metrics, 2011-2015 13 Table 10: A.P. Moller - Maersk A/S, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 14 Table 11: A.P. Moller - Maersk A/S, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 15 Table 12: A.P. Moller - Maersk A/S, Upstream Capital Expenditure, US$ mil, 2011-2015 16 Table 13: A.P. Moller - Maersk A/S, Revenue and Expenses, US$ mil, 2011-2015 17 Table 14: A.P. Moller - Maersk A/S, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 18 Table 15: A.P. Moller - Maersk A/S, Oil and Gas Performance Metrics, 2011-2015 19 List of Figures Figure 1: A.P. Moller - Maersk A/S, Share Price Performance, DKK/Share, Q1, 2015-Q1, 2016 6 Figure 2: A.P. Moller - Maersk A/S, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 7 Figure 3: A.P. Moller - Maersk A/S, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 8 Figure 4: A.P. Moller - Maersk A/S, Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 10 Figure 5: A.P. Moller - Maersk A/S, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 11 Figure 6: A.P. Moller - Maersk A/S, Share Price Performance, DKK/Share, 2011-2015 12 Figure 7: A.P. Moller - Maersk A/S, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 13 Figure 8: A.P. Moller - Maersk A/S, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 15 Figure 9: A.P. Moller - Maersk A/S, Revenue and Expenses, US$ mil, 2011-2015 17 Figure 10: A.P. Moller - Maersk A/S, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 18 Figure 11: A.P. Moller - Maersk A/S, Oil and Gas Performance Metrics, 2011-2015 19