SEPTEMBER VOLUMES: MIXED PICTURE FOR FREIGHT

INVESTOR NEWS no. 30 - 10 October 2025



Ferry - freight: Total volumes in September 2025 of 3.5m lane metres were 0.8%
above 2024 and 1.2% lower adjusted for route changes. YTD growth rates were
0.2% and -1.2%, respectively.

North Sea volumes were on level with 2024 following stable volumes on most
routes. Mediterranean volumes were below 2024 following a continued slowdown in
Turkish automotive manufacturing and domestic demand as well as reduced capacity
on one route in response to the competitive situation.

Channel volumes were above 2024 driven by the new Jersey routes. Baltic Sea
volumes continued to be above 2024 and Strait of Gibraltar volumes were also
above 2024.

For the last twelve months 2025-24, the total transported freight lane metres
increased 2.3% to 41.7m from 40.7m in 2024-23. The increase was 1.2% adjusted
for route changes.

Ferry - passenger: The number of passengers in September 2025 was adjusted for
route changes* down 7.4% to 392k vs 2024 and the adjusted YTD growth rate was -
4.1%. Higher passenger volumes in Baltic Sea were offset by mainly lower Channel
volumes. The number of cars in September was 5.7% below 2024 adjusted for route
changes.

For the last twelve months 2025-24, the total number of passengers
decreased 14.5% to 5.5m compared to 6.4m for 2024-23. The growth rate was 0.4%
adjusted for route changes.

*Adjusted for sale of Oslo-Frederikshavn-Copenhagen end October 2025, exit from
Tarifa-Tanger Ville early May 2025, and addition of Jersey routes from end March
2025.


DFDS ferry volumes

  September   Last-12-months
-------------------------------------------- ----------------------------
Freight 2023 2024 2025 Change   2023 2024 2025 Change

Lane metres, '000 3,320 3,475 3,502 0.8%   38,512 40,748 41,667 2.3%
-------------------------------------------- ----------------------------


Passenger 2023 2024 2025 Change   2023 2024 2025 Change

Passengers, '000 405 565 423 -25.0%   4,458 6,409 5,477 -14.5%
-------------------------------------------- ----------------------------


DFDS reports monthly ferry volumes for freight and passengers to provide insight
into the development of volume trends in our European route network enabling
trade and travel in and around Europe. The October 2025 volume report is
expected to be published on 6 November 2025 at around 7.30am CET.


Contact

Torben Carlsen, CEO +45 33 42 32 01

Karen Boesen, CFO +45 20 58 58 40

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Dennis Kjærsgaard, Media +45 42 30 38 47


About DFDS

We operate a transport network in and around Europe with an annual revenue of
DKK 30bn and 16,500 full-time employees.

We move goods in trailers by ferry, road & rail, and we offer complementary and
related transport and logistics solutions.

We also move car and foot passengers on short sea and overnight ferry routes.

DFDS was founded in 1866 and headquartered and listed in Copenhagen.


This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act