Articles of association
I. General Provisions
Article 1.
The Company’s name is A.P. Møller - Mærsk A/S.
Moreover, the Company operates under the following trade names: Aktieselskabet Dampskibsselskabet Svendborg (A.P. Møller - Mærsk A/S) and Dampskibsselskabet af 1912, Aktieselskab (A.P. Møller - Mærsk A/S).
The Company’s registered office is situated in Copenhagen, Denmark.
The Company’s main objects are to carry on shipping, chartering and related business, but it shall be a further object to engage in other transport business, commercial and industrial activities at home and abroad within the scope deemed appropriate by the Board of Directors.
Article 2
The Company’s share capital is DKK 4,395,600,000 of which DKK 2,197,800,000 is in A shares and DKK 2,197,800,000 is in B shares. Each share class is divided into shares of DKK 1,000 and DKK 500.
The share capital has been paid up in full.
The shares shall be issued to bearer, but they may be registered to the holder in the Company's register of shareholders.
The shares are issued through the VP Securities Services. Any rights concerning the shares shall be reported to the VP Securities Services in accordance with the applicable rules.
Payment of dividend is made by transfer to the accounts indicated by the shareholders in accordance with the rules applicable to the VP Securities Services.
In the event of an increase of the A share capital, holders of A shares shall have pre-emption rights to subscribe for a proportionate part of the amount by which the A share capital is increased. In the event of an increase of the B share capital, holders of B shares shall have pre-emption rights to subscribe for a proportionate part of the amount by which the B share capital is increased.
Otherwise, no share shall confer preferential rights upon any shareholder, but a B share shall carry no voting rights. No shareholder shall be obliged to have his/her shares redeemed in full or in part. There shall be no restrictions on the negotiability of the shares. The shares shall be negotiable instruments.
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