6 October 2017

Michael Krabbe will join Maersk Supply Service as new Chief Financial Officer (CFO) on 1 December 2017, heading the Business Services function.

Michael Krabbe currently holds the position of CFO in Welltec and brings with him six years of senior finance management experience . Prior to joining Welltec, Michael Krabbe began his career in TDC and has worked in various management positions within finance, from 2007-11 as Vice President. Michael Krabbe holds an MSc in Finance from Aarhus School of Business and an MSc in Economics and Finance from Warwick University.

“In addition to a strong track record from different finance positions throughout his career, Michael Krabbe brings a wealth of insight about the oil and gas industry. Maersk Supply Service has an exciting yet challenging journey ahead where these skills will be needed. With Michael on board, we have made a strong addition to our leadership team,” says CEO Steen S. Karstensen.

Michael Krabbe will assume the position of CFO following Kasper Mahon Andreasen, who joined Damco for a similar position in August.

As CFO, he will report to CEO Steen S. Karstensen and will be a member of the Senior Management Team in Maersk Supply Service.

About Maersk Supply Service

Maersk Supply Service provides marine services and integrated solutions to the energy sector worldwide. Maersk Supply Service is the market leader in deep-water services such as anchor handling in ultra-deep water, mooring installations, rig moves and transport of equipment to drilling rigs and production units.

Maersk Supply Service employs an international staff of around 1100 offshore and 200 onshore people. Headquartered in Lyngby, Denmark, Maersk Supply Service is represented globally with offices in Aberdeen, Houston, St. John’s, Rio de Janeiro, Accra, Lagos, Luanda, Singapore and Perth.

Maersk Supply Service is a part of the stand-alone Energy division of A.P. M?ller – M?rsk A/S. A.P. M?ller – Maersk A/S employs roughly 88,000 employees across operations in 130 countries.

For more information about Maersk Supply Service, please visit the website at www.cubicpt.com

Media Contacts (Maersk Supply Service)

Charlotte Holst Frahm

Mobile: +45 2147 6259

Email: Charlotte.Holst@maersksupplyservice.com

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