DFDS — Director's Dealing 2026

Feb 26, 2026

AWARD OF LONG-TERM INCENTIVES

AWARD OF LONG-TERM INCENTIVES

COMPANY ANNOUNCEMENT no. 08 - 26 February 2026

DFDS' long-term incentives for management aims to link the remuneration to

the enduring performance of the company, as reflected in the share price,

whilst supporting retention of management.

Today, the Board of Directors have awarded Torben Carlsen, CEO, 38,008

RSUs (Restricted Share Units) and 199,790 share options, and Karen D. Boesen,

CFO, 15,903 RSUs and 83,596 share options. In addition, a total of 160,654 RSUs

and 558,123 share options have been awarded to a number of key employees.

The share options and the RSUs vest with 1/36 per month from and

including February 2026. The share options may be exercised in the period from

February 2029 until March 2031. The share price at grant and the exercise price

are based on the volume weighted average share price of DFDS shares traded on

NASDAQ Copenhagen on the five trading days immediately following the publication

of DFDS' most recent financial report to the time of grant. For the share

options, 10% has been added, giving an exercise price of DKK 110 per share of

DKK 20 nominal value.

The total value of the award of the RSUs and the share options is DKK

37.5m, including the awards to the CEO and the CFO, calculated according to the

Black-Scholes model.

Contact

Søren Brøndholt Nielsen, IR +45 33 42 33 59

About DFDS

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

DKK 30bn and 16,000 full-time employees.

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

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