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DSV, 931 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 931

On 26 October 2021, we initiated a share buyback programme, as described in Company Announcement No. 925. According to the programme, the company will in the period from 26 October 2021 to 8 February 2022 purchase own shares up to a maximum value of DKK 5,000 million and no more than 5,000,000 shares, corresponding to 2.08% 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 1-19

1,056,861

1,530.95

1,618,002,071

20:

22 November 2021

68,988

1,569.31

108,263,807

21:

23 November 2021

74,000

1,500.26

111,018,936

22:

24 November 2021

76,000

1,451.25

110,295,129

23:

25 November 2021

77,000

1,448.20

111,511,431

24:

26 November 2021

57,318

1,427.40

81,815,954

Accumulated trading for days 1-24

1,410,167

1,518.19

2,140,907,328

As at today, DSV A/S holds a total of 4,698,219 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.96% of the total number of issued shares of 240,000,000.

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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 A/S

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