Hapag-Lloyd (HLAG) investor relations material

Deal rationale and strategic fit

• Acquisition of 100% of shares for $35 per share, totaling $4.2 billion, to secure a top-five global position with over 400 vessels and 3 million TEU capacity, transporting 18 million TEU annually.

• Expands presence and leadership in key trade routes, especially Transpacific, Atlantic, Intra-Asia, and East Med, while consolidating as the fifth-largest container shipping company.

• Supports long-term growth, resilience, and Strategy 2030, enhancing network, quality, and financial performance, and aligns with sustainability goals.

• Combines highly skilled teams, broadens customer and talent base, and advances digital innovation.

• FIMI will establish a new Israeli container line, maintaining strategic maritime connectivity and presence in Israel.

Financial terms and conditions

• $35 per share all-cash offer, totaling $4.2 billion, representing a 58% premium over the previous closing price.

• Funded primarily from existing liquidity reserves and a $2.5 billion bridge facility, with no significant near-term debt maturities.

• All vessel deliveries through 2029 are fully funded.

Synergies and expected cost savings

• Targeting $300–500 million (EUR 500 million) in annual synergies, mainly from network, procurement, and IT integration.

• Expect to realize 65% of synergies in year one, 90% in year two, and 100% in year three post-closing.

• Additional savings from terminal and transport procurement, and reduction of overlapping terminals.

• Cost savings and scale benefits are expected to provide resilience even in weaker market conditions.

• Proven track record of synergy realization in past acquisitions.