DSV (DSV) AGM 2025 summary

Opening remarks and agenda

• AGM opened with a welcome to shareholders, employees, and online participants, with all presentations conducted in English and translation available.

• The agenda included reports on company activities, annual report adoption, profit application, board remuneration, board and auditor elections, proposed resolutions, and other business.

Financial performance review

• Share price increased by 38% year-over-year, reflecting strong market confidence.

• 2024 saw organic volume growth and market share gains across all divisions, despite global supply chain disruptions.

• Revenue reached DKK 167 billion, EBIT DKK 16.1 billion, and net profit DKK 10.1 billion, in line with guidance.

• Dividend of DKK 7 per share proposed, representing 16.5% of net profit.

• Equity raise and bond issue totaling EUR 10 billion successfully completed to fund the Schenker acquisition.

Board and executive committee updates

• CEO succession executed in October 2023, with Jens Lund taking over to drive the new commercial strategy and Schenker integration.

• Board composition reviewed, with new members proposed to strengthen international expertise and support integration.

• Remuneration policy updated, with board base fee proposed to increase from DKK 600,000 to DKK 800,000 for 2025.