Company Announcement No. 1021

On 2 February 2023, we initiated a share buyback programme, as described in Company Announcement No. 1013. According to the programme, the company will in the period from 2 February 2023 until 26 April 2023 purchase own shares up to a maximum value of DKK 2,500 million, and no more than 4,000,000 shares, corresponding to 1.83% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.

Trading dayNumber of shares bought backAverage transaction priceAmount DKK
Accumulated trading for days 1-22555,1001,276.66708,672,156
23:6 March 202345,0001,304.2658,691,700
24:7 March 202356,0001,292.7772,395,120
25:8 March 202350,0001,275.4063,770,000
26:9 March 202313,0001,281.2316,655,990
27:10 March 202353,0001,269.0067,257,000
Accumulated trading for days 1-27772,1001,278.90987,441,966

After the disclosed transactions, DSV A/S holds a total of 2,830,164 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.29% of the total number of issued shares of 219,000,000.

The details of each transaction made under the share buyback programme are published on investor.dsv.com.

Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.

Yours sincerely,