DSV

Transaction in Own Shares • Nov 14, 2022

14 November 2022

CONCLUSION OF SHARE BUYBACK PROGRAMME IN DSV A/S Company Announcement No. 996

On 25 October 2022, we initiated a share buyback programme, as described in Company Announcement No. 992.

The share buyback programme announced has now been concluded.

The programme has been carried out 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).

Trading day		Number of shares bought back	Average transaction price	Amount DKK
Accumulated trading for days 1-9		2,000,000	1,013.17	2,026,336,490
10:	7 November 2022	160,000	1,038.44	166,150,400
11:	8 November 2022	160,000	1,058.04	169,286,400
12:	9 November 2022	150,000	1,047.94	157,191,000
13:	10 November 2022	150,000	1,065.00	159,750,000
14:	11 November 2022	140,000	1,122.38	157,133,200
15:	14 November 2022	148,200	1,107.42	164,119,644
Accumulated trading for days 1-15		2,908,200	1,031.55	2,999,967,134

After the disclosed transaction, DSV A/S holds a total of 14,702,733 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 6.28% of the total number of issued shares of 234,000,000.

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