DSV

Transaction in Own Shares • Jan 10, 2023

SHARE BUYBACK IN DSV A/S

Company Announcement No. 1008

On 15 November 2022, we initiated a share buyback programme, as described in Company Announcement No. 997. According to the programme, the company will in the period from 15 November 2022 until 01 February 2023 purchase own shares up to a maximum value of DKK 4,000 million, and no more than 6,000,000 shares, corresponding to 2.56% 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 day		Number of shares bought back	Average transaction price	Amount DKK
Accumulated trading for days 1-33		2,551,280	1,098.40	2,802,337,006
34:	2 January 2023	78,040	1,123.32	87,664,189
35:	3 January 2023	77,357	1,113.86	86,165,000
36:	4 January 2023	36,357	1,119.14	40,688,500
37:	5 January 2023	78,069	1,095.41	85,517,579
38:	6 January 2023	46,819	1,056.79	49,477,940
Accumulated trading for days 1-38		2,867,922	1,099.00	3,151,850,214

After the disclosed transactions, DSV A/S holds a total of 2,431,655 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.11% 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

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. More than 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