DFDS

Management Reports • Jan 13, 2026

DECEMBER: FREIGHT VOLUMES END 2025 ON FIRMER NOTE

DECEMBER: FREIGHT VOLUMES END 2025 ON FIRMER NOTE

INVESTOR NEWS no. 02 - 13 January 2026

Ferry - freight: Total volumes in December 2025 of 3.0m lane metres were 1.2%

above 2024 and 0.4% lower adjusted for route changes. The full-year growth rates

were -0.1% and -1.8%, respectively.

North Sea volumes were above 2024 driven by higher volumes on most routes.

Mediterranean volumes were as expected below 2024 due to capacity reductions.

Channel volumes were above 2024 driven by the new Jersey volumes as the total

Dover Strait volumes were on level with 2024. Baltic Sea volumes were just below

2024 while Strait of Gibraltar volumes were above 2024.

In 2025, the total transported freight lane metres decreased 0.1% to 41.5m from

41.5m in 2024 and decreased 1.8% adjusted for route changes.

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

route changes* down 2.7% to 329k vs 2024 and the adjusted full-year growth rate

was -4.4%. The December decrease was mainly due to lower volumes on Strait of

Gibraltar. The number of cars in December was on level with 2024 adjusted for

route changes.

In 2025, the total number of passengers decreased 21.1% to 5.2m compared to

6.6m in 2024. The decrease was 4.4% adjusted for route changes*.

*Adjusted for sale of Oslo-Frederikshavn-Copenhagen end October 2024, exit from

Tarifa-Tanger Ville early May 2025, and addition of Jersey routes from end March

DFDS ferry volumes

December   Last-12-months

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Freight 2023 2024 2025 Change   2023 2024 2025 Change

Lane metres, '000 2,745 2,925 2,961 1.2%   38,325 41,538 41,482 -0.1%

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Passenger 2023 2024 2025 Change   2023 2024 2025 Change

Passengers, '000 332 387 340 -12.1%   4,505 6,649 5,247 -21.1%

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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 January 2026 volume report is

expected to be published on 12 February 2026 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