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DSV, 929 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 929

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 1-9

543,369

1,511.88

821,508,408

10:

08 November 2021

65,396

1,550.09

101,369,437

11:

09 November 2021

17,561

1,556.14

27,327,327

12:

10 November 2021

78,000

1,545.68

120,563,017

13:

11 November 2021

14,204

1,530.24

21,735,481

14:

12 November 2021

42,774

1,554.88

66,508,313

Accumulated trading for days 1-14

761,304

1,522.40

1,159,011,983

As at today, DSV A/S holds a total of 4,092,856 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.71% 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

Attachment