DSV — Major Shareholding Notification 2020

Oct 7, 2020

DSV

7 October 2020

MAJOR SHAREHOLDER ANNOUNCEMENT

Company Announcement No. 838

Pursuant to section 30 of the Danish Capital Markets Act, it is hereby announced that Morgan Stanley has informed DSV Panalpina A/S that Morgan Stanley's holding of shares and other financial instruments with similar economic effect in DSV Panalpina A/S is 10,566,465 shares, corresponding to 4.59% of the entire share capital and voting rights, and thereby below the 5% threshold.

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

Yours sincerely,

DSV Panalpina A/S

DSV Panalpina A/S, Hovedgaden 630, 2640 Hedehusene, Denmark, tel. +45 43 20 30 40, CVR No. 58233528, www.dsv.com.

DSV Panalpina Group

We provide and manage supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation. Our reach is global, yet our presence is local and close to our customers. 55,000 employees in more than 80 countries work passionately to deliver great customer experiences and high-quality services. Read more at www.dsv.com