DSV

Transaction in Own Shares • Dec 27, 2018

DSV, 730 - SHARE BUYBACK IN DSV A/S

DSV, 730 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 730

On 26 October 2018, DSV A/S initiated a share buyback programme, as described in Company Announcement No. 721 of 26 October 2018. According to the programme, DSV A/S will in the period from 26 October 2018 to 1 February 2019 purchase own shares up to a maximum value of DKK 1,200,000,000 and no more than 4,000,000 shares, corresponding to 2.13% 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 for trading days 1-36	1,687,926	513.74	867,161,449
37: 17 December 2018	101,000	483.93	48,877,420
38: 18 December 2018	101,475	482.32	48,943,714
39: 19 December 2018	100,022	463.48	46,358,593
40: 20 December 2018	108,995	446.01	48,612,672
41: 21 December 2018	118,681	435.21	51,651,314
Accumulated for trading days 1-41	2,218,099	501.15	1,111,605,162

As at today, DSV A/S holds a total of 9,848,976 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 5.24% of the total number of issued shares of 188,000,000.

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

Attachment

• 730 - Announcement (27.12.2018) - Sharebuyback