DSV Financial Performance

Committed to net zero in 2050 Accelerated environmental targets TARGET 2030 (NEAR TERM) Scopes of emissions UNITED NATIONS PARIS CLIMATE AGREEMENT SIGNING CEREMONY 22 APRIL 2015 SCIENCE BASED TARGETS DRIVING AMBITIOUS CORPORATE CLIMATE ACTION The SBTi framework uses the reporting standards established by the Greenhouse Gas Protocol, dividing greenhouse gas emissions into scopes: Committed to reaching net-zero carbon emissions across our operations by 2050. Following the recognised Science Based Targets initiative's Net-Zero Standard, ensuring alignment with the goals of the Paris Agreement to limit global warming to 1.5 C above pre-industrial levels. We have recalculated our emissions baseline (2019) to reflect our larger business and in effect also accelerating our near-term science-based targets (2030) related to our own operations in scope 1 and 2. Our next step is to develop a new roadmap to achieve net-zero no later than 2050. • We have raised our ambitions to leave the planet in a better state for future generations. Scope 3 Indirect emissions (not included in scope 2) that occur in our value chain, including all our subcontracted transport. 30% reduction by 2030 Scope 2 Indirect emissions from the generation of purchased electricity, steam, heat or cooling. 50% reduction by 2030 Scope 1 Direct emissions, typically from the burning of fuels, from owned or controlled sources, including our facilities and company vehicles 50% reduction by 2030 28

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