Company Announcement No. 837

DSV Panalpina A/S hereby provides notification pursuant to article 19 of regulation (EU) no 596/2014 of the below transactions related to shares in DSV Panalpina A/S made by a member of Board of Directors.

Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.

Yours sincerely,
DSV Panalpina A/S