DECEMBER VOLUMES: STRONG FINISH TO 2022 FOR PASSENGERS

12 Jan 2023 10:00 CET

INVESTOR NEWS no. 01 - 12 January 2023



Ferry - freight: Total volumes in December 2022 were 15.2% below 2021. Volumes
were 4.7% below 2021 adjusted for Channel that continues to be impacted by a
considerable decrease in the total market and ferry overcapacity.

North Sea volumes were below last year, mostly due to a decline in activity
between Scandinavia and the UK. The growth momentum in the Mediterranean network
continued, although a temporary suspension of sailings between Turkey and Spain
reduced volumes. Baltic Sea volumes remained negatively impacted by the war in
Ukraine.

In 2022, the total transported freight lane metres decreased 2.9% to 41.7m from
43.0m in 2021. The decrease was 0.5% adjusted for Channel.

Ferry - passenger: The number of passengers continued to recover and more than
tripled to 307k equal to 83% of volumes in December 2019, the latest comparable
month pre-Covid-19. The number of cars equalled 81% of volumes in 2019.

In 2022, the total number of passengers was 3.8m compared to 0.9m in 2021 and
5.1m in 2019.


DFDS ferry volumes

  December   Full-year
-------------------------------------------- ----------------------------
Freight 2020 2021 2022 Change   2020 2021 2022 Change

Lane metres, '000 3,597 3,326 2,820 -15.2%   40,891 43,013 41,746 -2.9%
-------------------------------------------- ----------------------------


Passenger 2020 2021 2022 Change   2020 2021 2022 Change

Passengers, '000 78 85 307 262.6%   1,498 869 3,772 334.3%
-------------------------------------------- ----------------------------


DFDS reports monthly ferry volumes for freight and passengers to provide insight
into the development of volume trends in DFDS' European route network. DFDS'
ferry routes enable trade and travel in and around Europe. Click on the link
(https://images.ctfassets.net/mivicpf5zews/7LrnEjJOAc4daUJvU4jD9g/597f655821d4b4
e682d8831835e57eca/Group_Light_2021_07_01.png) to see a map of the entire
network. The January 2023 volume report is expected to be published on 9
February 2023 at around 7.30am CET.



Contact

Torben Carlsen, CEO +45 33 42 32 01

Karina Deacon, CFO +45 33 42 33 42

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Nicole Seroff, Communications +45 31 40 34 46


About DFDS

DFDS provides ferry and transport services in and around Europe, generating
annual revenues of around DKK 25bn.

To over 10,000 freight customers, we deliver high reliability through ferry &
port terminal services and transport & logistics solutions.

For millions of passengers, we provide safe overnight and short sea ferry
services.

Our 11,000 employees are located on ferries, terminals, distribution centres,
and in offices across more than 20 countries. DFDS was founded in 1866,
headquartered in Copenhagen, and listed on Nasdaq Copenhagen.


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

More information:
Access the news on Oslo Bors NewsWeb site

580025_DFDS_NO_01_12_01_2023_DEC_VOLUMES .pdf