DFDS

Management Reports • May 12, 2025

APRIL VOLUMES: PASSENGERS BOOSTED BY EASTER TIMING DIFFERENCE

APRIL VOLUMES: PASSENGERS BOOSTED BY EASTER TIMING DIFFERENCE

INVESTOR NEWS no. 20 - 12 May 2025

April 2025 volume numbers are compared to 2024 impacted by the Easter holiday

period falling in April this year compared to March in 2024. In general, this

decreases freight volumes and increases passenger volumes compared to April

Ferry - freight: Total volumes in April 2025 of 3.5m lane metres were 0.7% below

2024 and down 2.5% adjusted for route changes. YTD growth rates were -0.4% and

-1.0%, respectively.

North Sea volumes were below 2024 following primarily a dip in automotive

volumes between Germany and the UK. Mediterranean volumes were above 2024 driven

by mainly a shift of road volumes to ferry, a capacity increase between Tunisia

and France, and the opening of a new route between Egypt and Italy.

Channel volumes were below 2024 due to mainly the Easter timing difference.

Baltic Sea volumes were below 2024 driven mostly by a temporary capacity

reduction on one route following tonnage changes. Strait of Gibraltar volumes

were above 2024.

For the last twelve months 2025-24, the total transported freight lane metres

increased 4.6% to 41.4m from 39.6m in 2024-23. The increase was 0.7% adjusted

for route changes.

Ferry - passenger: The number of passengers in April 2025 was adjusted for route

changes* up 15.1% to 432k vs 2024 and the adjusted YTD growth rate was -3.2%.

The monthly increase was driven by mainly the Easter timing difference. The

number of cars in April was 13.0% above 2024 adjusted for route changes.

For the last twelve months 2025-24, the total number of passengers increased

15.9% to 5.9m compared to 5.1m for 2024-23. The increase was 3.7% adjusted for

route changes.

*Adjusted for sale of Oslo-Frederikshavn-Copenhagen end October 2025, Tarifa-

Tanger Ville due to considerable capacity changes ahead of exit from route early

May 2025, and addition of Jersey routes from end March 2025.

DFDS ferry volumes

April   Last-12-months

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Freight 2023 2024 2025 Change   2023 2024 2025 Change

Lane metres, '000 3,070 3,497 3,473 -0.7%   40,032 39,611 41,445 4.6%

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Passenger 2023 2024 2025 Change   2023 2024 2025 Change

Passengers, '000 406 507 496 -2.2%   4,184 5,099 5,908 15.9%

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DFDS reports monthly ferry volumes for freight and passengers to provide insight

into the development of volume trends in our European route network enabling

trade and travel in and around Europe. The May 2025 volume report is expected to

be published on 12 June 2025 at around 10.00am CET.

Contact

Torben Carlsen, CEO +45 33 42 32 01

Karen Boesen, CFO +45 20 58 58 40

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Dennis Kjærsgaard, Media +45 42 30 38 47

About DFDS

We operate a transport network in and around Europe with an annual revenue of

DKK 30bn and 16,500 full-time employees.

We move goods in trailers by ferry, road & rail, and we offer complementary and

related transport and logistics solutions.

We also move car and foot passengers on short sea and overnight ferry routes.

DFDS was founded in 1866 and headquartered and listed in Copenhagen.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act