- 7 3 -

In 2020, the fleet cut its global CO2 emis- sions by 4% compared to 2019, down to 23.3 million tons. The downward trend goes on in 2020 for a second consecutive year (-6% in 2019). Since 2008, the Group has reduced its CO2 emissions by 49% per TEU-km, in line with our voluntary target of reducing greenhouse gas emissions by 50% by 2030. Several factors contributed to this positive performance:

More recent, energy efficient vessels equip- ped with the latest eco-technology Optimized asset usage thanks to the growing of alliances A more efficient fleet operating policy that helps save energy Carbon emissions per container fell by 2.5% with respect to 2019 at 1.12 ton of CO2/TEUs loaded

SCIENTIFIC VALIDATION OF THE CARBON TRAJECTORY AND METHODOLOGY FOR SHIPPING CMA CGM Group is participating to the fol- lowing initiatives on a voluntary basis:

- Pilot project lead by WWF on behalf of the SBTi (Science Based Target initiative) which aims to set science-based target methodo- logies, tools and guidance for the shipping

sector. The objective is to help shipping companies to understand the level of tar- get-setting ambition required to meet the Paris Agreement goals -ACT (Assessing Low Carbon Transition), an international initiative that creates an accountability framework and sectorial methodologies to assess how companies strategies and actions are contributing to the Paris Agreement mitigation goals.

REDUCTION IN THE GROUP S MARITIME CO2 EMISSIONS

A NEW MARITIME CARBON FOOTPRINT ASSESSMENT

√ -Maritime fleet fuel consumption Millions of tons

7.45 7.78

2020 2019 TARGETS

51 by 2030 - 50% vs 2008

A critical review of the Group s carbon footprint on scopes 1 and 3 (methodology, scope, completeness) was carried out by Ersnt & Young.

The order of magnitude of distribution of the 3 scopes (excluding CEVA Logistics) is as follows: Scope 1 represents approximately 75% of our CO2 emissions, Scope 2 is not significant and Scope 3 is approximately 25%

For the first time in 2020, Scope 3 (exclu- ding CEVA) was checked in detail by KPMG as this indicator was included in the list of priority indicators Scope 3 emissions amount to 7,606 K tons of CO2.

The emission sources taken into account in the different scopes are: Scope 1 emissions come from the fuel oil consumed by Group vessels Scope 2 emissions come mainly from the electricity consumed in the agencies and terminals and during dockside connec- tions of ships. They are considered insigni- ficant compared to scope 1 and scope 3 (estimated at 0.3%) Scope 3 emissions come from the construc- tion of ships and containers, the production of waste (solid and liquid) from ships, the professional travel of employees, the fuel consumption related to land transport and the upstream phase of production and trans- port of the fuel consumed

CONSOLIDATED REPORTING ON ENERGY AND CO2 EMISSIONS ON GOOD TRACKS

In 2020, CEVA Logistics CO2 equivalent emissions for its warehouses and fleet of trucks reach 193,426 tons.

In 2021, the CEVA Logistics carbon footprint assessment will be extended with reporting on scope 3, and carbon neutrality roadmap will be defined.

√ -CO2 emissions related to maritime fleet fuel consumption Millions of tons

√ - Maritime CO2 efficiency T CO2/TEU loaded

23.3 24.3

1.12 1.15

√ - Maritime CO2 efficiency g CO2/TEU-Km

52 54