DSV Annual Report 2022

39 DSV Annual Report 2022 Corporate governance and shareholder information = III The Board also addressed various strategic considerations and business adaptations in light of the European energy crisis, emergence of a global economic downturn and other macroeconomic impacts brought on by the war in Ukraine. Remuneration of the Board of Directors and Executive Board Remuneration policy Remuneration of the Board of Directors and Executive Board is carried out in accordance with DSV's Remuneration Policy as adopted by the Annual General Meeting. The purpose of the Remuneration Policy is threefold: to make sure DSV can attract and retain qualified members of the Board of Directors and Executive Board; to align the interests of the Executive Board with those of our investors and other societal stakeholders; and ultimately to create incentive for generating long-term value for shareholders and executing on goals set by the Board of Directors (for example around sustainability or other strategic business initiatives). The latest DSV Remuneration Policy is available at: https://www.dsv.com/en/remuneration-policy Remuneration report We report on the remuneration of members of the Board of Directors and Executive Board separately in the DSV Remuneration Report. The report is prepared in accordance with section 139b of the Danish Companies Act and the Danish Recommendations on Corporate Govern- ance and is available at: https://www.dsv.com/en/remuneration-reports Report on Corporate Governance cf. section 107b of the Danish Financial Statements Act In managing DSV, the Board of Directors applies the latest Recommenda- tions on Corporate Governance issued by the Danish Committee on Corporate Governance. The Board uses the Recommendations for guidance when setting up man- agement structures, tasks and procedures and checks against them to make sure we are acting in accordance with the principal intentions of the Recommendations. The Board regularly assesses its procedures based on the Recommendations. DSV fully abided by the Recommendations in 2022. We report on our adherence to the Recommendations - including internal controls and risk management systems applied as basis for the financial reporting process - in the Statutory Report on Corporate Governance available at https://www.dsv.com/en/governance-reports Reporting on Data Ethics policies cf. section 99d of the Danish Financial Statements Act We report separately on our policies and approach to Data Ethics in accordance with section 99d of the Danish Financial Statements Act. The reporting is available in our Statutory Report on Data Ethics, at: https://www.dsv.com/en/data-ethics Executive Board ME Member Jens Bjørn Andersen Office CEO Member since 2008 Born 1966 Jens H. Lund Office Member since Born COO and Vice CEO 2002 1969 Michael Ebbe Office CFO Member since Born 2021 1970 Board positions ME EET Group Holdings ApS

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