3 DSV Code of Conduct INTRODUCTION BY THE CEO The DSV Code of Conduct is rooted in DSV’s core values and functions and provides a framework for ethical conduct, aligning with our organisational policies and supporting our overarching purpose and strategy. Our strategy is anchored in our corporate purpose of keeping supply chains flowing in a world of change, acknowledging our role as part of the global infrastructure enabling world trade. With international supply chains becoming increasingly complex, we are focused on leveraging our leading global network, developing our industry expertise and digital solutions to create long-term value and sustainable growth for our customers, employees, shareholders and society as a whole. Upholding ethical business practices, fostering inclusivity and maintaining unwavering integrity across all operations are central to this commitment. Our Code reflects these principles and encourages employees to prioritise transparency, accountability and respect in all interactions, both internally and externally. By adhering to this Code, we aim to cultivate trust with stakeholders and realise our mission of creating positive change within the global logistics landscape. The Code of Conduct applies to all employees, management and the Board of Directors. All DSV companies and employees must observe national legislation, international regulations and standards, such as the OECD Guidelines for Multinational Enterprises, while following this Code of Conduct. The Code of Conduct cannot cover every issue that may arise across our global organisation and we therefore expect that you always exercise caution when conducting business on behalf of DSV. Where local rules and regulations require stricter standards than those set out in this Code of Conduct, local law takes priority. The DSV Group’s reputation and business depend on its familiarity and compliance with all applicable laws, rules and regulations. That is why, as a DSV employee, you have an obligation to comply with these. You are expected to read, understand, and adhere to the Group’s policies and procedures and to ask questions in case of uncertainty about any public laws or policies. You are strongly encouraged to act promptly if you are faced with or suspect non- compliance with the Code of Conduct or applicable laws and regulations. Bring the issue forward through DSV’s Whistleblower System, Integrity Line , your immediate manager, country management or any other internal channel you feel comfortable using. If you are about to do something and are in doubt, ask yourself the following questions: • Is it consistent with the Code of Conduct? • Is it lawful? • Is it ethical? • Will it reflect well on me and DSV? • Would I want to read about it in the newspaper? • Would my family and friends approve of it? You always have the right to stop something and, if the answer is “no” to any of these questions, avoid doing it. If you are still uncertain, ask for guidance. Keep asking until you are certain or report the issue through the relevant channel. Jens H. Lund CEO, DSV Group
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