DFDS

Earnings Release • Mar 12, 2025

FEBRUARY VOLUMES: PASSENGER GROWTH, FREIGHT DECREASE

FEBRUARY VOLUMES: PASSENGER GROWTH, FREIGHT DECREASE

INVESTOR NEWS no. 13 - 12 March 2025

Ferry - freight: Total volumes in February 2025 of 3.4m lane metres were

3.6% below 2024.

North Sea volumes were below 2024 due to lower automotive volumes and a slowdown

in food exports to the UK from the Continent.   Mediterranean volumes were below

2024 as capacity was adjusted to the increased competition in one corridor.

Channel volumes were below 2024 due to mainly one day less in the month owing to

the leap year impact in 2024. Baltic Sea and Strait of Gibraltar volumes were in

February both above 2024.

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

increased 5.7% to 41.4m from 39.1m in 2024-23. The increase was 6.6% adjusted

for route changes.

Ferry - passenger: The number of passengers in February 2025 was 13.6% below

2024 and up 4.1% adjusted for the sale of Oslo-Frederikshavn-Copenhagen. The

adjusted increase was driven by higher volumes on Strait of Gibraltar and Baltic

Sea. The number of cars was 14.5% below 2024 and down 3.9% adjusted for route

changes.

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

38.2% to 6.6m compared to 4.8m for 2024-23. The increase was 5.9% adjusted for

route changes.

DFDS ferry volumes

February   Last-12-months

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Freight 2023 2024 2025 Change   2023 2024 2025 Change

Lane metres, '000 3,054 3,546 3,418 -3.6%   41,247 39,124 41,365 5.7%

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Passenger 2023 2024 2025 Change   2023 2024 2025 Change

Passengers, '000 211 331 286 -13.6%   4,008 4,752 6,566 38.2%

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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 March 2025 volume report is expected

to be published on 11 April 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 14,000 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