DSV

Transaction in Own Shares • Sep 6, 2021

SHARE BUYBACK IN DSV PANALPINA A/S

Company Announcement No. 912

On 29 July 2021, we initiated a share buyback programme, as described in Company Announcement No. 901. According to the programme, the company will in the period from 29 July 2021 to 25 October 2021 purchase own shares up to a maximum value of DKK 4,000 million and no more than 4,000,000 shares, corresponding to 1.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.

Trading day	Number of shares bought back	Average transaction price	Amount DKK
Accumulated trading for days 1-22	789,156	1,532.83	1,209,644,082
23: 30 August 2021	14,000	1,603.15	22,444,100
24: 31 August 2021	56,000	1,614.23	90,396,880
25: 1 September 2021	31,000	1,607.19	49,822,890
26: 2 September 2021	15,000	1,634.96	24,524,400
27: 3 September 2021	35,000	1,640.84	57,429,400
Accumulated trading for days 1-27	940,156	1,546.83	1,454,261,752

As at today, DSV Panalpina A/S holds a total of 1,798,652 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 0.75% of the total number of issued shares of 240,000,000.

The details of each transaction made under the share buyback programme are published on investor.dsv.com.

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. 75,000 employees in more than 90 countries work passionately to deliver great customer experiences and high-quality services. Read more at www.dsv.com