Today Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. The German
container liner-shipping company will acquire a 49% in Spinelli Group, a leading Italian logistics
group, from existing shareholders, while Spinelli family will continue to hold the majority stake of
51%. The parties have agreed to not disclose any financial details of the deal. The completion of
the transaction is subject to the approval of the responsible antitrust authorities, which is expected
within the next months.