Financial News

Hamburg, 24 May 2016

Postponement of Annual General Meeting

Reasons are ongoing talks between Hapag-Lloyd and UASC / New date in
August 2016 at the latest

Today, the Executive Board and the Supervisory Board of Hapag-Lloyd AG (ISIN DE000HLAG475, German securities identification code HLAG47) have decided to cancel the Annual General Meeting scheduled for 1 June 2016 at 10 a.m. (Mehr! Theater am Grossmarkt, Banksstrasse 28, 20097 Hamburg) and postpone it until a later date. The announcement in the German Federal Gazette (Bundesanzeiger) dated 25 April 2016 is therefore no longer valid.

The previously publicised talks between Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) regarding a potential combination of their container shipping activities would in the case of a successful finalisation of such talks require potentially amendments to the agenda. Those amendments could not have been reflected in the agenda of the Annual General Meeting on June 1 due to company law specifications and deadlines.

The Annual General Meeting of Hapag-Lloyd AG will take place in August 2016 at the latest. The Executive Board will announce the AGM, including the agenda, in the German Federal Gazette (Bundesanzeiger) in due course.

About Hapag-Lloyd

With a fleet of 175 modern container ships and a total capacity of 955,000 TEU, Hapag-Lloyd is one of the world's leading container liner shipping companies. The Company has approx. 9,400 employees at 361 sites in 118 countries. Hapag-Lloyd has a container fleet of 1.6 million TEU - including one of the world's largest and state-of-the-art reefer fleets. 122 liner services worldwide ensure fast, reliable connections between all the continents. Hapag-Lloyd is one of the leading operators in the Atlantic, Latin America and Intra Americas trades.