#1Q3 2023 RESULTS DSV A/S Conference call 24 October 2023, 11:00 am CEST DSV Global Transport and Logistics S#2Agenda Forward-looking statements • Highlights • Business segments • Financial review • Updated outlook for 2023 Joint venture with NEOM This presentation contains forward-looking statements. Such statements are subject to risks and uncertainties, as various factors, many of which are beyond DSV A/S' control, may cause actual developments and results to differ materially from the expectations contained in the presentation. • Q&A#3Highlights Q3 2023 Solid financial performance in soft markets - we do not foresee a real recovery in global freight volumes this year. 2023 EBIT guidance narrowed to DKK 17.5-18.5 billion (previously DKK 17.0-18.5 billion). Strong cash conversion and new share buyback programme initiated. Agreement on JV with NEOM - a significant growth opportunity for DSV. Changes to executive management announced – no changes to DSV's operations or strategy. Gross profit (DKKm) (17.0%)* (15.1%)* EBIT before special items (DKKm) (28.2%)* (30.6%)* 13,538 40,493 6,506 20,455 10,649 33,371 4,396 13,773 Q3-22 Q3-23 9M-22 9M-23 Q3-22 Q3-23 9M-22 9M-23 *) Growth rates are in constant currencies. 3#4Air & Sea Q3 2023 Q3 2022 Growth* 9M 2023 9M 2022 Growth* (DKKm) Gross profit Air 3,089 4,793 (31.7%) 10,390 14,540 (26.3%) Gross profit Sea 3,121 4,342 (23.3%) 9,601 12,807 (22.6%) • Total gross profit 6,210 9,135 (27.7%) 19,991 27,347 (24.5%) EBIT 3,281 5,455 (35.8%) 10,481 (35.7%) Conversion ratio 16,842 *) Growth rates are in constant currencies. Operating margin 15.5% 15.0% 59.7% 13.8% 12.0% 52.4% 52.9% 52.8% 51.6% 10.6% Management commentary • Gross profit impacted by lower volumes and lower yields compared to the extraordinary high levels in 2022. Continued weak market volumes as a result of the macroeconomic slowdown, shift in consumer behaviour and actions to reduce inventory levels. Number of shipments (jobs) handled was down 1% in Q3-23 (minus 6% YTD). Thus, shipments have been more resilient than tonnes and TEUs. Conversion ratio remains above the 50% mark, reflecting focus on productivity and strong cost management. Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 4#5Air freight Q3 2023 Air freight volumes continue to be impacted by lower demand and a shift from air to sea. Gross profit yields are declining, as expected, but are still at high absolute levels. We pursue growth in a competitive market - but always with the aim to maximise absolute gross profit. Gross profit (DKKm) YoY change: (32%)* FX impact: (4%) Volume & yields Yield YoY change: (21%)* FX impact: (4%) 4,793 4,063 3,727 3,574 3,089 12,748 11,026 11,373 11,294 9,521 376 368 328 316 324 Volume development YoY (incl. M&A) (3%) (16%) (20%) (21%) (14%) (19%) Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 YTD-23 *) Growth rates are in constant currencies. DSV Tonnes, '000 Gross profit/tonne, DKK 5#6Sea freight Q3 2023 Volume decline gradually eased in Q3-23 however this was mainly due to easier comparisons from last year. No real peak season in Q3-23. Yields were declining but are still at strong absolute level. Our focus remains on securing profitable growth. Gross profit (DKKm) YoY change: (23%)* FX impact: (5%) Volume & yields Yield YoY change: (20%)* FX impact: (5%) 6,379 5,610 5,133 4,954 4,774 4,342 3,214 3,300 3,180 3,121 681 626 642 654 588 Volume development 7% 11% (12%) (7%) (4%) (8%) YoY (incl. M&A) Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 YTD-23 *) Growth rates are in constant currencies. DSV TEUs, '000 Gross profit/TEU, DKK 6#7Road (DKKm) Q3 2023 Q3 2022 Growth* 9M 2023 9M 2022 Growth* Revenue 9,036 10,406 (10.9%) 28,780 31,429 (6.6%) • Gross profit 1,924 1,989 (1.1%) 5,923 6,001 0.6% EBIT Gross margin 522 525 1.4% 1,542 Conversion ratio 1,589 (1.4%) • *) Growth rates are in constant currencies. Management commentary The division performed well in a market with declining activity and declining rates. Strong gross margin, supported by growth in the European groupage network. Focus on cost management and productivity led to improved conversion ratio. Road Way Forward programme: Development with current vendor for certain elements of the TMS system is put on hold and we will find alternatives. The programme continues and objectives are the same, but the change will cause a delay. . Operating margin 21.0% 21.3% 19.1% 19.0% 19.6% 26.4% 27.1% 5.8% 26.0% 5.4% 25.1% 5.0% 4.9% 23.6% 4.5% Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 7#8Solutions (DKKm) Revenue Q3 2023 Q3 2022 Growth* 9M 2023 9M 2022 Growth* 5,538 5,841 (0.8%) 17,061 18,185 (3.4%) Gross profit 2,381 2,325 7.6% 7,039 6,971 4.0% EBIT Gross margin Management commentary Lower activity levels, mainly due to weak demand within retail and the industrial sectors. Momentum improved in Q3-23. Strong gross margin, supported by continued consolidation into large and implementation of warehouse automation. 584 613 (0.1%) 1,745 2,155 (16.9%) efficient warehouses and *) Growth rates are in constant currencies. Conversion ratio Operating margin 43.0% 39.8% 40.6% 40.2% 37.7% 26.4% 25.8% 10.5% 10.4% 10.5% 23.3% 24.0% 24.5% 9.7% 8.8% Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 • The cost base was impacted by general cost inflation and expansion of the warehouse capacity. 8#9P&L 9M 2023 (DKKm) Headlines Q3 2023 Q3 2022 Growth* 9M 2023 9M 2022 Growth* Revenue 35,576 60,560 (38.1%) 114,257 184,434 (36.2%) Gross profit 10,649 13,538 (17.0%) 33,371 40,493 (15.1%) • EBIT before special items 4,396 6,506 (28.2%) 13,773 20,455 (30.6%) Profit for the period 2,808 4,426 9,470 13,882 P&L items Cost base (staff, other ext., depreciations) 6,253 7,032 19,598 20,038 Special items, costs 456 1,117 Financial items, FX adj. (gain in "()") 327 (167) 265 126 Net interest costs 302 273 882 825 KPIs Gross margin (%) 29.9 22.4 29.2 22.0 Operating margin (%) 12.4 10.7 12.1 11.1 Conversion ratio (%) 41.3 48.1 41.3 50.5 Effective tax rate (%) 25.5 25.5 25.0 24.5 Employees (end of period) 75,188 76,715 Diluted adjusted EPS 12 months 63.1 78.8 (19.9%) Average diluted number of shares 214,110 233,985 *) Growth rates are in constant currencies. Management commentary • • • • Revenue was impacted by significant decline in freight rates and declining volumes. Gross margin was supported by continued high yields in Air & Sea and improved margins in both Road and Solutions. Reduction of cost base compared to last year, despite 4-5% cost inflation in 2023. 1,500 fewer FTEs compared to September 2022. Negative FX adjustments in Q3-23 — mainly related to intercompany balances. EPS supported by reduced number of shares. 9#10Management commentary • Continued strong cash conversion. Significant NWC improvement due to lower revenue and continued optimisation of processes. NWC at 2.2% of annual revenue. Gearing ratio at 1.4x and new share buyback programme launched. Weighted average duration of long- term corporate bonds and drawn credit facilities was 8.0 years at the end of Q3-23. Cash flow 9M 2023 (DKKm) EBITDA before special items Change in working capital Tax, interest, change in provisions, etc. Special items Cash flow from operating activities 9M 2023 9M 2022 Variance 17,687 2,208 24,151 12 (6,464) 2,196 • • (5,133) (4,147) (986) (263) (523) 260 14,499 19,493 (4,994) Cash flow from investing activities Free cash flow (1,664) (495) (1,169) • 12,835 18,998 (6,163) • Cash flow from financing activities (14,176) (15,024) 848 Calculation of adjusted free cash flow: Free cash flow 12,835 18,998 Acquisition of subsidiaries reversed 607 Special items reversed 263 523 Repayment of lease liabilities (2,902) (2,758) 10,803 16,763 (5,960) Adjusted free cash flow KPIs Net working capital (NWC) NWC in % of revenue 3,186 2.2 8,636 3.5 Net interest-bearing debt (NIBD) 32,333 27,277 Gearing ratio (NIBD/EBITDA before special items) 1.4x 0.9x ROIC before tax (%) 17.9 24.7 ROIC before tax (excl. goodwill and customer relationships, %) 75.7 98.7 10 10#11Allocations to shareholders Management commentary • New safe harbour share buyback programme of DKK 2.5 billion starting 24 October 2023 and running until 31 January 2024. • 8.8 million shares bought back in 9M 2023 at an average price of DKK 1,300. . On 24 October 2023, the portfolio of treasury shares was 8.2 million shares (representing 3.8% of the share capital). Allocations to shareholders 2023 (DKKm) Q1 2023 Q2 2023 Q3 2023 Q4 2023 Announced 2023 Dividend (DKK 6.50 per share) 1,424 1,424 Share buyback - rest of 2022 programme 1,197 Share buyback - 2.5 billion 1,822 678 Share buyback - 4.5 billion Share buyback - 4.0 billion Share buyback - 2.5 billion (partly in Q1 2024) Total announced allocations 1,197 2,500 3,533 967 4,500 3,244 756 4,000 1,750 1,750 4,443 4,211 4,211 2,506 15,371 11#12Narrowed outlook for 2023 (DKKm) EBIT before special items Effective tax rate Updated outlook Previous outlook Actual 2022 17,500-18,500 17,000-18,500 25,204 25.0% 25.0% 23.9% Main assumptions for Q4-23 We assume volume trends (year on year) will be similar to or better than Q3 2023. As market normalisation continues, we expect further decline in gross profit yields for air and sea compared to Q3 2023 levels. • Currency exchange rates will remain at current levels. 12 22#13Agreement on exclusive joint venture with NEOM • • DSV announces a multi-billion dollar exclusive transport and logistics joint venture with NEOM Company in Saudi Arabia. The joint venture will provide end-to-end supply chain management, development and investments in transport and logistics assets and infrastructure as well as transport and delivery of goods and materials to NEOM. DSV will hold a 49% stake, appoint the managing director and be responsible for the daily operations. Completion of the joint venture is subject to customary regulatory approvals, which are expected in Q2 2024. 13#14Joint venture with NEOM – expected financial - • impact for DSV . • • • The business plan is expected to require a USD 10 billion gross investment in the JV. Total shareholder funding commitment until 31 December 2031 is USD 5 billion. DSV's share of this is USD 2.45 billion. • DSV's return on invested capital (ROIC) is expected to be in line with the existing target of 20% pre-tax. No material financial impact on DSV is expected for 2023. The JV will gradually ramp up over the next years to match the activity in NEOM. In line with IFRS, the JV will not be consolidated in DSV's financial reporting. DSV's share of the profit/loss will be presented in a single line item in the income statement. DSV's investment in the JV will be measured using the equity method and presented in the balance sheet. 14#15To attend the teleconference, please dial one of the numbers below Danish participants +45 78 76 84 90 International participants +44 (0) 203 769 6819 US participants +1 646 787 0157 PIN: 882686 To ask questions press "5*" DSV Global Transport and Logistics#16P&L details - Group Group (DKKm) Revenue Direct costs Gross profit Other external expenses Staff costs FY 2018 FY 2019 FY 2020 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 YTD 2023 79,053 94,701 115,932 182,306 61,125 62,749 60,560 51,231 235,665 40,954 37,727 35,576 114,257 61,564 70,947 87,398 144,691 48,248 48,671 47,022 39,575 183,516 29,563 26,396 24,927 80,886 17,489 23,754 28,534 37,615 12,877 14,078 13,538 11,656 52,149 11,391 11,331 10,649 33,371 3,036 3,133 3,291 4,173 1,289 1,338 1,431 1,501 5,559 1,340 1,235 1,113 3,688 8,241 10,329 11,684 13,025 3,912 4,039 4,333 4,031 16,315 4,110 4,074 3,812 11,996 6,212 10,292 13,559 20,417 7,676 8,701 7,774 6,124 30,275 5,941 6,022 5,724 17,687 EBITDA before special items Depreciation of right-of-use assets 2,734 2,990 3,144 892 912 942 1,037 3,783 962 988 1,007 2,957 Amortisation and depreciation of owned assets 762 904 1,049 1,050 288 336 326 338 1,288 307 329 321 957 EBIT before special items 5,450 6,654 9,520 16,223 6,496 7,453 6,506 4,749 25,204 4,672 4,705 4,396 13,773 Special Items, net costs Financial income Financial expenses - lease liabilities Financial expenses Profit before tax 800 2,164 478 404 257 456 1,117 131 254 206 67 76 83 380 606 90 169 25 284 383 434 495 162 175 181 209 727 195 205 223 623 249 606 1,549 552 234 417 8 86 745 241 136 431 808 5,201 4,996 5,627 14,904 5,763 6,680 5,944 4,834 23,221 4,326 4,533 3,767 12,626 223 Tax on profit for the period 1,213 1,290 1,369 3,650 1,377 1,610 1,518 1,045 5,550 1,039 1,158 959 3,156 Profit for the period 3,988 3,706 4,258 11,254 4,386 5,070 4,426 3,789 17,671 3,287 3,375 2,808 9,470 Gross margin, % Operating margin, % Conversion ratio, % Tax percentage Blue-collar costs (included in direct costs) 22.1 25.1 24.6 20.6 21.1 22.4 22.4 22.8 22.1 27.8 30.0 29.9 29.2 6.9 7.0 8.2 8.9 10.6 11.9 10.7 9.3 10.7 11.4 12.5 12.4 12.1 31.2 28.0 33.4 43.1 50.4 52.9 48.1 40.7 48.3 41.0 41.5 41.3 41.3 23.3 25.8 24.3 24.5 23.9 24.1 25.5 21.6 23.9 24.0 25.5 25.5 25.0 4,791 5,299 5,274 6,280 1,802 1,882 1,942 2,021 7,647 1,886 1,892 1,890 5,668 Number of full-time employees (end of period) 47,394 61,216 56,621 77,958 77,358 76,071 76,715 76,283 76,283 74,613 74,178 75,188 75,188 16#17P&L details - Air & Sea Air & Sea (DKKm) Divisional revenue Direct costs Gross profit Other external expenses Staff costs FY 2018 FY 2019 FY 2020 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 YTD 2023 36,972 51,151 73,689 131,901 45,887 47,282 45,339 35,923 174,431 26,213 22,993 21,912 71,118 27,779 38,634 56,780 108,132 37,250 37,707 36,204 28,646 139,807 19,186 16,239 15,702 51,127 9,193 12,517 16,909 23,769 8,637 9,575 9,135 7,277 34,624 7,027 6,754 6,210 19,991 1,854 2,267 2,870 3,366 1,076 1,028 1,097 1,043 4,244 1,023 883 762 2,668 3,560 5,093 6,048 6,598 2,033 2,082 2,276 2,080 8,471 2,093 2,005 1,873 5,971 3,779 5,157 7,991 13,805 5,528 6,465 5,762 4,154 21,909 3,911 3,866 3,575 11,352 EBITDA before special items Depreciation of right-of-use assets 484 679 708 220 216 217 249 902 214 216 222 652 Amortisation and depreciation of owned assets 86 167 286 329 84 86 90 89 349 71 76 72 219 EBIT before special items 3,693 4,506 7,026 12,768 5,224 6,163 5,455 3,816 20,658 3,626 3,574 3,281 10,481 Gross margin, % 24.9 24.5 22.9 18.0 18.8 20.3 20.1 20.3 19.8 26.8 29.4 28.3 28.1 Operating margin, % 10.0 8.8 9.5 9.7 11.4 13.0 12.0 10.6 11.8 13.8 15.5 15.0 14.7 Conversion ratio, % 40.2 36.0 41.6 53.7 60.5 64.4 59.7 52.4 59.7 51.6 52.9 52.8 52.4 Number of full-time employees (end of period) 12,130 21,516 18,008 24,675 23,700 23,292 23,225 23,032 23,032 22,270 21,695 21,569 21,569 Air & Sea split and volume Air Revenue, DKKm Gross profit DKKm Airfreight, ton GP/ton, DKK Sea 18,892 4,627 689,045 6,715 27,134 6,594 1,071,266 6,155 44,756 10,275 1,272,405 8,075 70,846 13,051 1,510,833 8,638 24,207 4,695 410,911 11,426 25,032 5,052 402,594 12,549 22,499 4,793 375,990 12,748 18,853 90,591 14,265 12,166 11,691 38,122 4,063 368,477 11,026 18,603 3,727 3,574 3,089 10,390 1,557,972 11,941 327,712 11,373 316,456 11,294 324,436 968,604 9,521 10,727 Revenue, DKKm Gross profit DKKm 18,080 4,566 24,017 5,923 28,933 6,634 Sea freight, TEU 1,442,348 GP/TEU, DKK 3,166 1,907,126 3,106 2,204,902 3,009 61,055 10,718 2,493,951 4,298 21,680 3,942 667,653 5,904 22,250 4,523 690,621 6,549 22,840 17,070 83,840 11,948 10,827 10,221 32,996 4,342 680,683 6,379 3,214 626,190 5,133 16,021 3,300 3,180 3,121 9,601 2,665,147 6,011 588,207 641,924 653,817 1,883,948 5,610 4,954 4,774 5,096 17#18P&L details - Road and Solutions Road (DKKm) Divisional revenue FY 2018 FY 2019 FY 2020 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 YTD 2023 31,243 31,621 30,395 35,416 10,188 10,835 10,406 10,078 41,507 10,094 9,650 9,036 28,780 Direct costs 25,935 25,465 24,257 28,321 8,250 8,761 8,417 8,168 33,596 8,118 7,627 7,112 22,857 Gross profit Other external expenses Staff costs 5,308 6,156 6,138 7,095 1,938 2,074 1,989 1,910 7,911 1,976 2,023 1,924 5,923 1,326 1,060 1,021 1,122 341 373 342 369 1,425 363 367 354 1,084 2,706 2,864 2,799 3,149 871 904 895 873 3,543 902 918 838 2,658 EBITDA before special items 1,276 2,232 2,318 2,824 726 797 752 668 2,943 711 738 732 2,181 Depreciation of right-of-use assets 862 828 858 205 202 193 185 785 185 179 178 542 Amortisation and depreciation of owned assets 129 119 100 109 23 29 34 32 118 31 34 32 97 EBIT before special items 1,147 1,251 1,390 1,857 498 566 525 451 2,040 495 525 522 1,542 Gross margin, % 17.0 19.5 20.2 20.0 19.0 19.1 19.1 19.0 19.1 19.6 21.0 21.3 20.6 Operating margin, % 3.7 4.0 4.6 5.2 4.9 5.2 5.0 4.5 4.9 4.9 5.4 5.8 5.4 Conversion ratio, % 21.6 20.3 22.6 26.2 25.7 27.3 26.4 23.6 25.8 25.1 26.0 27.1 26.0 Number of full-time employees (end of period) 12,850 13,644 14,003 16,888 17,001 16,484 16,496 16,701 16,701 16,291 16,234 16,642 16,642 Solutions (DKKm) FY 2018 FY 2019 FY 2020 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 YTD 2023 Divisional revenue Direct costs 13,229 14,390 14,608 18,734 6,162 6,182 5,841 6,224 24,409 5,625 5,898 5,538 17,061 10,194 9,421 9,239 12,081 3,840 3,858 3,516 3,877 15,091 3,340 3,525 3,157 10,022 Gross profit Other external expenses Staff costs 3,035 4,969 5,369 6,653 2,322 2,324 2,325 2,347 9,318 2,285 2,373 2,381 7,039 955 1,088 1,089 1,338 423 405 448 483 1,759 453 420 453 1,326 1,141 1,306 1,449 1,664 525 552 600 577 2,254 588 613 599 1,800 EBITDA before special items 939 2,575 2,831 3,651 1,374 1,367 1,277 1,287 5,305 1,244 1,340 1,329 3,913 Depreciation of right-of-use assets 1,326 1,422 1,546 461 486 525 595 2,067 557 585 600 1,742 Amortisation and depreciation of owned assets 230 236 248 330 124 128 139 146 537 139 142 145 426 EBIT before special items 709 1,013 1,161 1,775 789 753 613 546 2,701 548 613 584 1,745 Gross margin, % 22.9 34.5 36.8 35.5 37.7 37.6 39.8 37.7 38.2 40.6 40.2 43.0 41.3 Operating margin, % 5.4 7.0 7.9 9.5 12.8 12.2 10.5 8.8 11.1 9.7 10.4 10.5 10.2 Conversion ratio, % 23.4 20.4 21.6 26.7 34.0 32.4 26.4 23.3 29.0 24.0 25.8 24.5 24.8 Number of full-time employees (end of period) 20,025 22,777 21,478 31,866 31,845 31,730 32,588 32,077 32,077 31,511 31,736 32,506 32,506 18#19Balance sheet (DKKm) Assets 30.09.2023 30.09.2022 Variance 31.12.2022 Equity and liabilities 30.09.2023 30.09.2022 Intangibles assets 78,106 81,248 (3,142) 77,674 DSV shareholders' share of equity 70,179 80,003 Variance (9,824) 31.12.2022 71,519 Right-of-use assets 15,862 14,134 1,728 14,694 Non-controlling interests 270 226 44 222 Property, plant and equipment 6,420 6,394 26 6,284 Total equity 70,449 80,229 (9,780) 71,741 Other receivables 2,202 2,705 (503) 2,461 Lease liabilities 14,341 12,588 1,753 13,190 Deferred tax assets 3,242 3,084 158 3,494 Borrowings 20,023 21,389 (1,366) 21,398 Pensions and similar obligations 996 428 568 1,183 Provisions 3,829 3,738 91 4,260 Deferred tax liabilities 630 536 94 504 Total non-current assets 105,832 107,565 (1,733) 104,607 Total non-current liabilities 39,819 38,679 1,140 40,535 Trade receivables 22,010 39,428 (17,418) 32,387 Lease liabilities 3,736 3,536 200 3,577 Contract assets 5,466 8,392 (2,926) 5,785 Borrowings 1,969 2,352 (383) 814 Inventories 4,146 1,198 2,948 1,889 Trade payables 12,794 16,796 (4,002) 14,992 Other receivables 4,564 4,628 (64) 4,179 Accrued cost of services 8,814 14,257 (5,443) 12,085 Cash and cash equivalents 8,596 12,886 (4,290) 10,160 Provisions 2,093 2,315 (222) 2,407 Assets held for sale 59 40 19 38 Other payables 9,300 11,643 (2,343) 9,640 Tax payables 1,699 4,330 (2,631) 3,254 Total current assets 44,841 66,572 (21,731) 54,438 Total current liabilities 40,405 55,229 (14,824) 46,769 Total assets 150,673 174,137 (23,464) 159,045 Total equity and liabilities 150,673 174,137 (23,464) 159,045 Net working capital (NWC) 3,186 8,636 (5,450) 5,116 Net interest-bearing debt (NIBD) 32,333 27,277 5,056 29,870 19#20Investor Relations Share information Financial calendar 2024 Investor Relations contacts DSV A/S is listed on the Copenhagen stock exchange under the symbol 'DSV'. For further company information, please visit: www.dsv.com 01 Feb. 2024 Annual Report 2023 14 Mar. 2024 Annual General Meeting 2024 24 Apr. 2024 Interim Financial Report, Q1 2024 24 Jul. 2024 Interim Financial Report, H1 2024 23 Oct. 2024 Interim Financial Report, Q3 2024 DSV A/S Hovedgaden 630, 2640 Hedehusene, Denmark [email protected] Flemming Ole Nielsen, EVP, Head of IR [email protected], +45 4320 3392 Alexander Plenborg, IR Officer [email protected], +45 4320 3373 Sebastian Rosborg, IR Officer [email protected], +45 4320 3387 Veronica Pontoppidan, IR Coordinator [email protected], +45 4111 0646 20 20