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Karl Gernandt Appointed New Chairman of Hapag-Lloyd’s Supervisory Board

On February 26, German shipping giant Hapag-Lloyd announced on its official website that its Supervisory Board of Hapag-Lloyd AG has elected Karl Gernandt as Chairman of the Supervisory Board with immediate effect. He succeeds Michael Behrendt, who is currently unable to perform the duties of Chairman due to health reasons. Michael Behrendt will remain an ordinary member of the Supervisory Board.

This decision does not in any way diminish the extraordinary contributions of Michael Behrendt. All members of the Supervisory Board expressly wish for his return as Chairman following his full recovery. The Supervisory Board will deliberate on this matter at the appropriate time.

Upon assuming the Chairmanship of the Supervisory Board, Karl Gernandt handed over his mandate as Chairman of the Audit and Financial Committee to Oscar Eduardo Hasbún Martínez, who has been a member of the Supervisory Board of Hapag-Lloyd AG since 2014.

Furthermore, Francisco Pérez Mackenna stepped down from the Supervisory Board as a representative of CSAV’s shareholders at his own request, effective February 1, 2026. He is succeeded by Macario Valdés Raczynski since February 13, 2026, who was appointed as a new member of the Supervisory Board by the Local Court of Hamburg.

According to available information, Hapag-Lloyd owns 305 modern container ships with a total capacity of 2.5 million TEU, making it one of the world’s leading liner shipping companies. In the liner shipping sector, the company employs approximately 14,000 people, operates in 140 countries, and has 400 offices.

Hapag-Lloyd boasts a container capacity of 3.8 million TEUs—including one of the largest and most advanced fleets of refrigerated container ships; its 130 global liner routes ensure fast and reliable connections between more than 600 ports across continents.

In the terminals and infrastructure sector, Hapag-Lloyd holds stakes in 22 terminals in Europe, Latin America, the United States, India, and North Africa. This sector employs approximately 3,000 people who, in addition to terminal operations, also provide supporting logistics services at specific locations.

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