Financial News

Hamburg, 9 May 2018

Supervisory board extends contract of CEO Rolf Habben Jansen

- Rolf Habben Jansen confirmed as CEO until March 2024

Today, the supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024.

"With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a leading global liner shipping company in a challenging market environment and as an active driver of industry consolidation. The extension of his contract ensures continuity in the corporate management. We have thereby created the best conditions for the continuation of the successful course of Hapag-Lloyd. I am very much looking forward to our further cooperation," said Michael Behrendt, chairman of the supervisory board of Hapag-Lloyd AG.

Additional members of the executive board of Hapag-Lloyd AG are Chief Financial Officer Nicolás Burr (CFO), Chief Operations Officer Anthony J. Firmin (COO) and Joachim Schlotfeldt (CPO), who is responsible for human resources and global procurement.

About Hapag-Lloyd
With a fleet of 219 modern container ships and a total transport capacity of 1.6 TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 12,500 employees and over 380 offices in 125 countries. Hapag-Lloyd has a container capacity of 2.3 million TEU - including one of the largest and most modern fleets of reefer containers. A total of 120 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.

Disclaimer
This press release contains forward-looking statements that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, uncertainties and contingencies. Actual results can differ materially from those anticipated in the Company's forward-looking statements.