DSV, 912 - 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

Attachment

• 912 - Announcement (06.09.2021) - Sharebuyback