DSV

Transaction in Own Shares • Oct 18, 2022

SHARE BUYBACK IN DSV A/S

Company Announcement No. 987

On 26 July 2022, we initiated a share buyback programme, as described in Company Announcement No. 973. According to the programme, the company will in the period from 26 July 2022 until 24 October 2022 purchase own shares up to a maximum value of DKK 7,000 million, and no more than 14,000,000 shares, corresponding to 5.98% of the current share capital of DSV A/S. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) 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 1-54	4,016,169	1,070.97	4,301,184,286
55: 10 October 2022	92,000	904.60	83,223,200
56: 11 October 2022	93,000	899.31	83,635,830
57: 12 October 2022	93,000	902.37	83,920,410
58 13 October 2022	94,000	892.67	83,910,623
59: 14 October 2022	96,000	920.86	88,402,560
Accumulated trading for days 1-59	4,484,169	1,053.55	4,724,276,909

After the disclosed transactions, DSV A/S holds a total of 11,430,002 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 4.88% 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 90 countries work passionately to deliver great customer experiences and high-quality services. Read more at www.dsv.com