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28 November 2025 CMA CGM wishes to inform its customers about significant upcoming changes to the EU Emissions Trading System (EU ETS) regulation that will impact our operations and, consequently, our Energy Transition Surcharge. What is EU ETS ? The EU ETS requires ocean carriers to monitor and report their CO2 emissions from voyages to and from EU ports. Since 2024, a portion of these emissions are subject to the cap and trade system, meaning carriers need to buy or receive allowances to cover their emissions. This regulation aims to incentivize the reduction of greenhouse gas emissions in the maritime sector, encouraging investment in more efficient and environmentally friendly technologies and practices. What's Changing ? Starting in 2026, the EU ETS regulation will evolve to account for 100% of our CO2 emissions, compared to the current 70% in 2025, and will include other greenhouse gases emissions. This substantial increase in the EU ETS coverage will have a direct impact on our cost structure. Expected Impact As a result of this regulatory change, we anticipate an increase of approximately 43% in our current ETS surcharge amounts. Please note that this estimate does not consider potential fluctuations in CO2 prices, which could further influence the final surcharge amounts. Q1 2026 amounts for the full trade coverage impacted by EU ETS will be available by December 1st, 2025 on: https://www.cma-cgm.com/ebusiness/tariffs/charge-finder Why This Matters The EU ETS is a cornerstone of the EU's policy to combat climate change and reduce greenhouse gas emissions cost-effectively. The changes in the regulation reflect the EU's commitment to achieving its climate goals and ensuring a sustainable future. We are committed to transparency and will continue to keep you informed about any further developments. Let's move forward together on your decarbonization journey with ACT+, our low-emission ocean shipping solutions. The EU ETS aims to speed up the transition to cleaner transport. By choosing ACT+ CO2 Reduction, you actively support this transition while avoiding the ETS surcharge that would otherwise apply to your shipment. Please do not hesitate to contact your local CMA CGM sales representative should you need further information. CMA CGM press release 
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