2 DSV - Statutory Report on Data Ethics Policies - 2024 BASIS OF PREPARATION This Statutory Report on Data Ethics Policies is prepared in accordance with section 99d of the Danish Financial Statements Act covering the period 1 January 31 December 2024. The Report forms part of Management s review of the 2024 DSV Annual Report available at investor.dsv.com. The Report describes the principal application of data ethics policies in DSV, including how we apply data and related data ethical considerations on a day-to- day basis. This Report is not covered by the provided on the 2024 DSV Annual Report. DATA ETHICS IN DSV DSV collects, generates and applies a multitude of data in running our business and in delivering our logistics services to our customers. Examples include customer, supplier and contract data, consignment information, geolocation data and personal information on our approximately 73,000 employees worldwide. We also apply internally generated data from machine learning and artificial intelligence and data generated in application of robotic technology. We are fully committed to complying with all legal rules and regulations on data usage, storage and processing as part of our business operations and to ensuring that these are duly reflected in our internal policies, processes and control frameworks. Furthermore, we recognise that the rapid development and availability in data access, technology and application requires additional considerations on how we collect, process and use data ethically as a responsible company. This Report outlines our major data ethical policy areas and how we approach data ethics on a day-to-day basis. considerations on responsible use of data DATA GOVERNANCE Application of data in DSV including related data ethical considerations are governed in collaboration between our Group IT and Group Compliance departments. Both departments are in direct line of responsibility under Executive Management, and the responsibilities of each department are well incorporated into the annual cycle of the Board of Directors and Audit Committee. This ensures that data governance and related data ethical questions are considered at the highest managerial levels of the Company and given proper attention. Our Group IT department is responsible for the daily operation and development of processes governing and securing data handling within the Group. Together with the Group Compliance department, Group IT also ensures that relevant data regulatory requirements are incorporated into our IT systems, related processes and policies, and that related data
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