DSV

Director's Dealing • May 7, 2015

Company Announcement No. 595

Pursuant to the Danish Securities Trading Act notice is hereby given of the
following transactions:

Name Jørgen Møller

Relation Member of the Board

Issuer DSV A/S

ISIN DK0060079531

Nature of Exercise of share options granted in year 2012 in his capacity as
transaction Managing Director for the Air & Sea division

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Trade date 5 May 2015

Number of 32,000
shares

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Exercise 4,096,000
price (DKK)

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Name Jørgen Møller

Relation Member of the Board

Issuer DSV A/S

ISIN DK0060079531

Nature of transaction Shares – Sale

Trade date 6 May 2015

Number of shares 32,000

Market value (DKK) 7,223,680

Any questions may be addressed to Flemming Ole Nielsen, Investor Relations
Director, tel. +45 43 20 33 92.

Yours sincerely,
DSV A/S