DSV

Transaction in Own Shares • Dec 27, 2023

SHARE BUYBACK IN DSV A/S

Company Announcement No. 1079

On 24 October 2023, we initiated a share buyback programme, as described in Company Announcement No. 1066. According to the programme, the company will in the period from 24 October 2023 until 31 January 2024 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.

The following transactions have been recorded under the programme:

Trading day		Trading platform	Number of shares bought back	Average transaction price	Amount DKK
Accumulated trading for days 1-39		1,517,419	1,060.07	1,608,569,676
40:	18 December 2023	AQEU	2,562	1,114.55
		CEUX	7,728	1,117.05
		TQEX	3,580	1,115.10
		XCSE	12,310	1,121.99
		Total	26,180	1,118.86	29,291,786
41:	19 December 2023	AQEU	-	-
		CEUX	67	1,120.15
		TQEX	23	1,121.96
		XCSE	3,662	1,128.68
		Total	3,752	1,128.49	4,234,079
42:	20 December 2023	AQEU	3,522	1,161.48
		CEUX	5,820	1,161.05
		TQEX	2,208	1,161.78
		XCSE	17,742	1,162.65
		Total	29,292	1,162.12	34,040,878
43:	21 December 2023	AQEU	136	1,173.09
		CEUX	1,051	1,171.95
		TQEX	133	1,173.07
		XCSE	11,830	1,170.75
		Total	13,150	1,170.89	15,397,200
44:	22 December 2023	AQEU	793	1,183.27
		CEUX	2,710	1,184.07
		TQEX	375	1,182.65
		XCSE	9,501	1,180.26
		Total	13,379	1,181.28	15,804,338
Accumulated trading for days 1-44			1,603,172	1,064.97	1,707,337,957

DSV A/S, Hovedgaden 630, 2640 Hedehusene, Denmark, tel. +45 43 20 30 40, CVR No. 58233528, www.dsv.com. DSV Group

We provide and manage supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation. Our reach is global, yet our presence is local and close to our customers. Approximately 75,000 employees in more than 80 countries work passionately to deliver great customer experiences and high-quality services. Read more at www.dsv.com

After the disclosed transactions, DSV A/S holds a total of 9,763,322 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 4.46% 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, DSV A/S