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DSV A/S 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

39Reported items
102Asset managers
4,554Fund votes
2024-03-14Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore DSV A/S in the interactive database Compare manager voting policies

How asset managers voted at the DSV A/S 2023-2024 meeting

Each item below shows how the 102 asset managers that disclosed a DSV A/S vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of DSV A/S’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve Remuneration Report

COMPENSATION

72% fund support · no official result

FOR 72%AGAINST 28%

The 68 asset managers below cast 72% of the shares they voted on this item FOR (21,255,062 for, 8,244,201 against).

FOR: 21,255,062 (72.1%)AGAINST: 8,244,201 (27.9%)

Largest asset managers voting on “Approve Remuneration Report” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
Capital Group	8,984,564	0	For
Vanguard	0	4,468,086	Against
Fidelity	4,165,787	0	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,603,867	588	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	0	1,220,675	Against
Dimensional	0	746,464	Against
State Street	0	279,526	Against
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	0	229,281	Against
WILLIAM BLAIR FUNDS	226,828	0	For
JPMorgan	0	216,577	Against
Artisan	0	209,742	Against
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	0	155,465	Against
American Century	0	150,545	Against
APG Asset Management US Inc.	0	130,895	Against
Empower	50,000	24,020	For
Equitable	60,670	10,350	For
DWS	0	69,263	Against
Northern Trust	52,936	12,190	For
OLD WESTBURY FUNDS INC	0	35,819	Against
Brighthouse	0	30,111	Against

Showing the 25 largest of 68 asset managers. See all 68 in the interactive database.

2. Approve Remuneration of Directors

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (29,148,807 for, 0 against).

FOR: 29,148,807 (100.0%)

Largest asset managers voting on “Approve Remuneration of Directors” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

3. Accept Financial Statements and Statutory Reports

INVESTMENT COMPANY MATTERSCORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

4. Amend Articles Re: Indemnification

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Amend Articles Re: Indemnification” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

5. Approve Allocation of Income and Dividends of DKK 7 Per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of DKK 7 Per Share” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

6. Approve DKK 5 Million Reduction in Share Capital via Share Cancellation; Amend Articles

INVESTMENT COMPANY MATTERS

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Approve DKK 5 Million Reduction in Share Capital via Share Cancellation; Amend Articles” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

7. Authorize Share Repurchase Program

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Authorize Share Repurchase Program” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

8. Ratify PricewaterhouseCoopers as Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers as Auditor” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

9. Reelect Beat Walti as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (28,992,802 for, 0 against).

FOR: 28,992,802 (99.5%)ABSTAIN: 155,465 (0.5%)

Largest asset managers voting on “Reelect Beat Walti as Director” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,165,787	0	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,604,455	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	279,526	0	For
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	229,281	0	For
WILLIAM BLAIR FUNDS	226,828	0	For
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	0	155,465	Abstain
American Century	150,545	0	For
Empower	74,020	0	For
Equitable	71,020	0	For
DWS	69,263	0	For
Northern Trust	65,126	0	For
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	30,111	0	For
Nationwide	29,269	0	For
Lincoln Financial	26,762	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

10. Reelect Benedikte Leroy as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (28,786,913 for, 0 against).

FOR: 28,786,913 (98.8%)ABSTAIN: 361,354 (1.2%)

Largest asset managers voting on “Reelect Benedikte Leroy as Director” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,130,744	35,043	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,603,867	588	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	279,526	0	For
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	229,281	0	For
WILLIAM BLAIR FUNDS	0	226,828	Abstain
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	155,465	0	For
American Century	150,545	0	For
Empower	74,020	0	For
Equitable	71,020	0	For
DWS	69,263	0	For
Northern Trust	52,936	12,190	For
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	30,111	0	For
Nationwide	0	29,269	Abstain
Lincoln Financial	26,762	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

11. Reelect Helle Ostergaard Kristiansen as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Reelect Helle Ostergaard Kristiansen as Director” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

12. Reelect Jorgen Moller as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Reelect Jorgen Moller as Director” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

13. Reelect Marie-Louise Aamund as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,127,410 for, 0 against).

FOR: 29,127,410 (99.9%)ABSTAIN: 20,857 (0.1%)

Largest asset managers voting on “Reelect Marie-Louise Aamund as Director” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,165,787	0	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,604,455	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	279,526	0	For
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	229,281	0	For
WILLIAM BLAIR FUNDS	226,828	0	For
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	155,465	0	For
American Century	150,545	0	For
Empower	74,020	0	For
Equitable	71,020	0	For
DWS	69,263	0	For
Northern Trust	52,936	12,190	For
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	30,111	0	For
Nationwide	25,269	4,000	For
Lincoln Financial	26,762	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

14. Reelect Niels Smedegaard as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,267 for, 0 against).

FOR: 29,148,267 (100.0%)

Largest asset managers voting on “Reelect Niels Smedegaard as Director” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

15. Reelect Tarek Sultan Al-Essa as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 88%12%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (25,643,007 for, 0 against).

FOR: 25,643,007 (88.0%)ABSTAIN: 3,505,260 (12.0%)

Largest asset managers voting on “Reelect Tarek Sultan Al-Essa as Director” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,165,787	0	For
BlackRock	0	2,841,384	Abstain
Morgan Stanley	2,599,656	4,799	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	0	279,526	Abstain
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	229,281	0	For
WILLIAM BLAIR FUNDS	226,828	0	For
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	0	188,591	Abstain
Columbia Threadneedle	155,465	0	For
American Century	150,545	0	For
Empower	74,020	0	For
Equitable	22,800	48,220	Abstain
DWS	69,263	0	For
Northern Trust	12,190	52,936	Abstain
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	23,197	6,914	For
Nationwide	29,269	0	For
Lincoln Financial	0	26,762	Abstain

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

16. Reelect Thomas Plenborg as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 93%7%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (26,970,182 for, 0 against).

FOR: 26,970,182 (92.5%)ABSTAIN: 2,178,085 (7.5%)

Largest asset managers voting on “Reelect Thomas Plenborg as Director” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,165,787	0	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,603,867	588	For
HARRIS ASSOCIATES INVESTMENT TRUST	0	1,534,352	Abstain
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	279,526	0	For
Franklin Global Trust	0	245,000	Abstain
AIG/SunAmerica	229,281	0	For
WILLIAM BLAIR FUNDS	226,828	0	For
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	155,465	0	For
American Century	0	150,545	Abstain
Empower	0	74,020	Abstain
Equitable	48,220	22,800	For
DWS	69,263	0	For
Northern Trust	0	65,126	Abstain
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	30,111	0	For
Nationwide	25,269	4,000	For
Lincoln Financial	26,762	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

17. Report on Efforts and Risks Related to Human and Labor Rights

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

99.9% fund support · no official result

FOR 99.1%

The 65 asset managers below cast 99.9% of the shares they voted on this item FOR (28,912,663 for, 12,168 against).

FOR: 28,912,663 (99.2%)AGAINST: 12,168 (0.0%)ABSTAIN: 223,436 (0.8%)

Largest asset managers voting on “Report on Efforts and Risks Related to Human and Labor Rights” at DSV A/S, 2023-2024
Asset manager	For	Abstain	Vote
Capital Group	8,984,564	0	For
Vanguard	4,468,086	0	For
Fidelity	4,165,787	0	For
BlackRock	2,841,384	0	For
Morgan Stanley	2,604,455	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	0	For
TIAA	1,220,675	0	For
Dimensional	746,464	0	For
State Street	279,526	0	For
Franklin Global Trust	245,000	0	For
AIG/SunAmerica	6,934	222,347	Abstain
WILLIAM BLAIR FUNDS	226,828	0	For
Artisan	209,742	0	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	0	For
Six Circles Trust	188,591	0	For
Columbia Threadneedle	155,465	0	For
American Century	150,545	0	For
Empower	74,020	0	For
Equitable	71,020	0	For
DWS	69,263	0	For
Northern Trust	65,126	0	For
OLD WESTBURY FUNDS INC	35,819	0	For
Brighthouse	29,022	1,089	For
Nationwide	29,269	0	For
Lincoln Financial	26,762	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

18. Approve Indemnification of Members of the Board of Directors and Executive Management

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 65 asset managers below cast 100% of the shares they voted on this item FOR (29,148,162 for, 0 against).

FOR: 29,148,162 (100.0%)

Largest asset managers voting on “Approve Indemnification of Members of the Board of Directors and Executive Management” at DSV A/S, 2023-2024
Asset manager	For	Vote
Capital Group	8,984,564	For
Vanguard	4,468,086	For
Fidelity	4,165,787	For
BlackRock	2,841,384	For
Morgan Stanley	2,604,455	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352	For
TIAA	1,220,675	For
Dimensional	746,464	For
State Street	279,526	For
Franklin Global Trust	245,000	For
AIG/SunAmerica	229,281	For
WILLIAM BLAIR FUNDS	226,828	For
Artisan	209,742	For
INTERNATIONAL GROWTH & INCOME FUND	202,293	For
Six Circles Trust	188,591	For
Columbia Threadneedle	155,465	For
American Century	150,545	For
Empower	74,020	For
Equitable	71,020	For
DWS	69,263	For
Northern Trust	65,126	For
OLD WESTBURY FUNDS INC	35,819	For
Brighthouse	30,111	For
Nationwide	29,269	For
Lincoln Financial	26,762	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

19. THE BOARD OF DIRECTORS PROPOSES THAT THE 2023 REMUNERATION REPORT IS APPROVED

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

94% fund support · no official result

FOR 94%

The 33 asset managers below cast 94% of the shares they voted on this item FOR (7,716,799 for, 527,248 against).

FOR: 7,716,799 (93.6%)AGAINST: 527,248 (6.4%)

Largest asset managers voting on “THE BOARD OF DIRECTORS PROPOSES THAT THE 2023 REMUNERATION REPORT IS APPROVED” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
BLS CAPITAL FONDSMAEGLERSELSKAB A/S	2,634,427	0	For
BAILLIE GIFFORD OVERSEAS LTD	1,536,333	97,365	For
1832 Asset Management L.P.	993,797	46,906	For
BAILLIE GIFFORD & CO LTD	575,714	0	For
John Hancock	511,757	60,949	For
Anomaly Capital Management, LP	463,561	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Northern Trust	138,465	99,257	For
Bridge Builder Trust	195,648	1,684	For
Korea Investment CORP	0	191,369	Against
Brighthouse	129,135	0	For
Jackson National	111,876	28	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Baillie Gifford Investment Management (Europe) Ltd	25,159	0	For
WCM INVESTMENT MANAGEMENT, LLC	0	15,673	Against
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Ativo Capital Management LLC	0	11,210	Against
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	7,923	0	For
Siemens Fonds Invest GmbH	7,188	0	For
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	0	1,788	Against
Listed Funds Trust	1,781	0	For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

20. APPROVAL OF THE PROPOSED REMUNERATION OF THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2024

COMPENSATION

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,406,305 for, 0 against).

FOR: 1,406,305 (100.0%)

Largest asset managers voting on “APPROVAL OF THE PROPOSED REMUNERATION OF THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2024” at DSV A/S, 2023-2024
Asset manager	For	Vote
John Hancock	572,706	For
BAILLIE GIFFORD FUNDS	279,893	For
Bridge Builder Trust	197,332	For
Brighthouse	129,135	For
Jackson National	111,904	For
OPTIMUM FUND TRUST	32,088	For
Natixis	27,800	For
Allianz	14,949	For
HARBOR FUNDS	12,053	For
Northern Lights Fund Trust IV	9,557	For
GREEN CENTURY FUNDS	7,923	For
TrimTabs ETF Trust	4,049	For
Pacer Funds Trust	1,788	For
Listed Funds Trust	1,781	For
ETF Series Solutions	1,759	For
TIMOTHY PLAN	1,434	For
GPS Funds I	154	For

21. ELECTION OF AUDITOR: THE BOARD OF DIRECTORS PROPOSES ELECTION OF PRICEWATERHOUSECOOPERS, STATSAUTORISERET REVISIONSPARTNERSELSKAB, CERTIFIED ACCOUNTING MEMBER FIRM, CVR NO. 33771231, AS AUDITOR FOR BOTH FINANCIAL AND SUSTAINABILITY REPORTING PURPOSES. THIS PROPOSAL IS BASED ON AN UPDATED REVIEW AND RECOMMENDATION BY THE COMPANY'S AUDIT COMMITTEE. THE AUDIT COMMITTEE HAS NOT BEEN INFLUENCED BY THIR

AUDIT-RELATED

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF AUDITOR: THE BOARD OF DIRECTORS PROPOSES ELECTION OF PRICEWATERHOUSECOOPERS, STATSAUTORISERET REVI” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

22. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF BEAT WALTI

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF BEAT WALTI” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

23. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF BENEDIKTE LEROY

DIRECTOR ELECTIONS

99.3% fund support · no official result

FOR 90%9%

The 17 asset managers below cast 99.3% of the shares they voted on this item FOR (1,272,393 for, 7,923 against).

FOR: 1,272,393 (90.5%)AGAINST: 7,923 (0.6%)ABSTAIN: 125,989 (9.0%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF BENEDIKTE LEROY” at DSV A/S, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	517,793	0	54,913	For
BAILLIE GIFFORD FUNDS	279,893	0	0	For
Bridge Builder Trust	197,332	0	0	For
Brighthouse	129,135	0	0	For
Jackson National	40,828	0	71,076	Abstain
OPTIMUM FUND TRUST	32,088	0	0	For
Natixis	27,800	0	0	For
Allianz	14,949	0	0	For
HARBOR FUNDS	12,053	0	0	For
Northern Lights Fund Trust IV	9,557	0	0	For
GREEN CENTURY FUNDS	0	7,923	0	Against
TrimTabs ETF Trust	4,049	0	0	For
Pacer Funds Trust	1,788	0	0	For
Listed Funds Trust	1,781	0	0	For
ETF Series Solutions	1,759	0	0	For
TIMOTHY PLAN	1,434	0	0	For
GPS Funds I	154	0	0	For

24. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF HELLE OESTERGAARD KRISTIANSEN

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF HELLE OESTERGAARD KRISTIANSEN” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

25. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF JOERGEN MOELLER

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF JOERGEN MOELLER” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

26. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF MARIE-LOUISE AAMUND

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF MARIE-LOUISE AAMUND” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

27. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF NIELS SMEDEGAARD

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF NIELS SMEDEGAARD” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

28. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF TAREK SULTAN EL-ESSA

DIRECTOR ELECTIONS

62% fund support · no official result

FOR 61%AGAINST 37%

The 17 asset managers below cast 62% of the shares they voted on this item FOR (854,301 for, 519,680 against).

FOR: 854,301 (60.7%)AGAINST: 519,680 (37.0%)ABSTAIN: 32,324 (2.3%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF TAREK SULTAN EL-ESSA” at DSV A/S, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	54,913	511,757	6,036	Against
BAILLIE GIFFORD FUNDS	279,893	0	0	For
Bridge Builder Trust	185,993	0	11,339	For
Brighthouse	129,135	0	0	For
Jackson National	111,904	0	0	For
OPTIMUM FUND TRUST	32,088	0	0	For
Natixis	27,800	0	0	For
Allianz	0	0	14,949	Abstain
HARBOR FUNDS	12,053	0	0	For
Northern Lights Fund Trust IV	9,557	0	0	For
GREEN CENTURY FUNDS	0	7,923	0	Against
TrimTabs ETF Trust	4,049	0	0	For
Pacer Funds Trust	1,788	0	0	For
Listed Funds Trust	1,781	0	0	For
ETF Series Solutions	1,759	0	0	For
TIMOTHY PLAN	1,434	0	0	For
GPS Funds I	154	0	0	For

29. ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF THOMAS PLENBORG

DIRECTOR ELECTIONS

99.2% fund support · no official result

FOR 94%

The 17 asset managers below cast 99.2% of the shares they voted on this item FOR (1,326,334 for, 9,682 against).

FOR: 1,326,334 (94.3%)AGAINST: 9,682 (0.7%)ABSTAIN: 70,289 (5.0%)

Largest asset managers voting on “ELECTION OF MEMBER FOR THE BOARD OF DIRECTORS: RE-ELECTION OF THOMAS PLENBORG” at DSV A/S, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	572,706	0	0	For
BAILLIE GIFFORD FUNDS	279,893	0	0	For
Bridge Builder Trust	195,648	0	1,684	For
Brighthouse	129,135	0	0	For
Jackson National	71,099	0	40,805	For
OPTIMUM FUND TRUST	32,088	0	0	For
Natixis	0	0	27,800	Abstain
Allianz	14,949	0	0	For
HARBOR FUNDS	12,053	0	0	For
Northern Lights Fund Trust IV	9,557	0	0	For
GREEN CENTURY FUNDS	0	7,923	0	Against
TrimTabs ETF Trust	4,049	0	0	For
Pacer Funds Trust	1,788	0	0	For
Listed Funds Trust	1,781	0	0	For
ETF Series Solutions	0	1,759	0	Against
TIMOTHY PLAN	1,434	0	0	For
GPS Funds I	154	0	0	For

30. INDEMNIFICATION PROGRAM: ADOPTION OF INDEMNIFICATION PROGRAM

CORPORATE GOVERNANCE

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “INDEMNIFICATION PROGRAM: ADOPTION OF INDEMNIFICATION PROGRAM” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

31. INDEMNIFICATION PROGRAM: AMENDMENT OF THE ARTICLES OF ASSOCIATION

CORPORATE GOVERNANCE

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,398,382 for, 7,923 against).

FOR: 1,398,382 (99.4%)AGAINST: 7,923 (0.6%)

Largest asset managers voting on “INDEMNIFICATION PROGRAM: AMENDMENT OF THE ARTICLES OF ASSOCIATION” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	0	7,923	Against
TrimTabs ETF Trust	4,049	0	For
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	1,759	0	For
TIMOTHY PLAN	1,434	0	For
GPS Funds I	154	0	For

32. PROPOSED RESOLUTION: FOR THE PURPOSES OF MAINTAINING AN ACTIVE CAPITAL ALLOCATION STRATEGY AND COVERING THE INCENTIVE PROGRAMMES OF THE COMPANY, A PROPOSAL IS MADE TO GRANT A NEW FIVE- YEAR AUTHORISATION TO THE BOARD OF DIRECTORS TO ACQUIRE TREASURY SHARES OF A NOMINAL VALUE OF UP TO DKK 21,400,000, CORRESPONDING TO 10 PER CENT OF THE COMPANYS SHARE CAPITAL, PROVIDED THAT THE COMPANYS PORTFOLIO OF

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,406,305 for, 0 against).

FOR: 1,406,305 (100.0%)

Largest asset managers voting on “PROPOSED RESOLUTION: FOR THE PURPOSES OF MAINTAINING AN ACTIVE CAPITAL ALLOCATION STRATEGY AND COVERING THE IN” at DSV A/S, 2023-2024
Asset manager	For	Vote
John Hancock	572,706	For
BAILLIE GIFFORD FUNDS	279,893	For
Bridge Builder Trust	197,332	For
Brighthouse	129,135	For
Jackson National	111,904	For
OPTIMUM FUND TRUST	32,088	For
Natixis	27,800	For
Allianz	14,949	For
HARBOR FUNDS	12,053	For
Northern Lights Fund Trust IV	9,557	For
GREEN CENTURY FUNDS	7,923	For
TrimTabs ETF Trust	4,049	For
Pacer Funds Trust	1,788	For
Listed Funds Trust	1,781	For
ETF Series Solutions	1,759	For
TIMOTHY PLAN	1,434	For
GPS Funds I	154	For

33. PROPOSED RESOLUTION: REDUCTION OF THE SHARE CAPITAL AND AMENDMENT OF ARTICLE 3 OF THE ARTICLES OF ASSOCIATION

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,406,305 for, 0 against).

FOR: 1,406,305 (100.0%)

Largest asset managers voting on “PROPOSED RESOLUTION: REDUCTION OF THE SHARE CAPITAL AND AMENDMENT OF ARTICLE 3 OF THE ARTICLES OF ASSOCIATION” at DSV A/S, 2023-2024
Asset manager	For	Vote
John Hancock	572,706	For
BAILLIE GIFFORD FUNDS	279,893	For
Bridge Builder Trust	197,332	For
Brighthouse	129,135	For
Jackson National	111,904	For
OPTIMUM FUND TRUST	32,088	For
Natixis	27,800	For
Allianz	14,949	For
HARBOR FUNDS	12,053	For
Northern Lights Fund Trust IV	9,557	For
GREEN CENTURY FUNDS	7,923	For
TrimTabs ETF Trust	4,049	For
Pacer Funds Trust	1,788	For
Listed Funds Trust	1,781	For
ETF Series Solutions	1,759	For
TIMOTHY PLAN	1,434	For
GPS Funds I	154	For

34. SHAREHOLDER PROPOSAL ON REPORTING ON HUMAN RIGHTS AND LABOUR RIGHTS

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

99.4% fund support · no official result

FOR 99.4%

The 17 asset managers below cast 99.4% of the shares they voted on this item FOR (1,399,063 for, 7,242 against).

FOR: 1,399,063 (99.5%)AGAINST: 7,242 (0.5%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL ON REPORTING ON HUMAN RIGHTS AND LABOUR RIGHTS” at DSV A/S, 2023-2024
Asset manager	For	Against	Vote
John Hancock	572,706	0	For
BAILLIE GIFFORD FUNDS	279,893	0	For
Bridge Builder Trust	197,332	0	For
Brighthouse	129,135	0	For
Jackson National	111,904	0	For
OPTIMUM FUND TRUST	32,088	0	For
Natixis	27,800	0	For
Allianz	14,949	0	For
HARBOR FUNDS	12,053	0	For
Northern Lights Fund Trust IV	9,557	0	For
GREEN CENTURY FUNDS	7,923	0	For
TrimTabs ETF Trust	0	4,049	Against
Pacer Funds Trust	1,788	0	For
Listed Funds Trust	1,781	0	For
ETF Series Solutions	0	1,759	Against
TIMOTHY PLAN	0	1,434	Against
GPS Funds I	154	0	For

35. THE BOARD OF DIRECTORS PROPOSES A DIVIDEND PER SHARE OF DKK 7.00

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,406,305 for, 0 against).

FOR: 1,406,305 (100.0%)

Largest asset managers voting on “THE BOARD OF DIRECTORS PROPOSES A DIVIDEND PER SHARE OF DKK 7.00” at DSV A/S, 2023-2024
Asset manager	For	Vote
John Hancock	572,706	For
BAILLIE GIFFORD FUNDS	279,893	For
Bridge Builder Trust	197,332	For
Brighthouse	129,135	For
Jackson National	111,904	For
OPTIMUM FUND TRUST	32,088	For
Natixis	27,800	For
Allianz	14,949	For
HARBOR FUNDS	12,053	For
Northern Lights Fund Trust IV	9,557	For
GREEN CENTURY FUNDS	7,923	For
TrimTabs ETF Trust	4,049	For
Pacer Funds Trust	1,788	For
Listed Funds Trust	1,781	For
ETF Series Solutions	1,759	For
TIMOTHY PLAN	1,434	For
GPS Funds I	154	For

36. THE BOARD OF DIRECTORS PROPOSES THAT THE AUDITED 2023 ANNUAL REPORT IS ADOPTED

OTHER

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,406,305 for, 0 against).

FOR: 1,406,305 (100.0%)

Largest asset managers voting on “THE BOARD OF DIRECTORS PROPOSES THAT THE AUDITED 2023 ANNUAL REPORT IS ADOPTED” at DSV A/S, 2023-2024
Asset manager	For	Vote
John Hancock	572,706	For
BAILLIE GIFFORD FUNDS	279,893	For
Bridge Builder Trust	197,332	For
Brighthouse	129,135	For
Jackson National	111,904	For
OPTIMUM FUND TRUST	32,088	For
Natixis	27,800	For
Allianz	14,949	For
HARBOR FUNDS	12,053	For
Northern Lights Fund Trust IV	9,557	For
GREEN CENTURY FUNDS	7,923	For
TrimTabs ETF Trust	4,049	For
Pacer Funds Trust	1,788	For
Listed Funds Trust	1,781	For
ETF Series Solutions	1,759	For
TIMOTHY PLAN	1,434	For
GPS Funds I	154	For

37. Other Business

OTHER

— fund support · no official result

N/A 78%11%7%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 937 (1.0%)N/A: 74,020 (78.4%)UNKNOWN: 9,911 (10.5%)NOT VOTED: 6,914 (7.3%)DID NOT VOTE: 2,605 (2.8%)

Largest asset managers voting on “Other Business” at DSV A/S, 2023-2024
Asset manager	Abstain	Vote
Empower	0	N/A
RBB FUND, INC.	0	Unknown
Brighthouse	0	Not Voted
Forethought Variable Insurance Trust	0	Did Not Vote
Symmetry Panoramic Trust	832	Abstain
Advisors' Inner Circle Fund III	105	Abstain
Dunham Funds	0	--

38. Receive Report of Board

CORPORATE GOVERNANCE

— fund support · no official result

N/A 78%11%7%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 937 (1.0%)N/A: 74,020 (78.4%)UNKNOWN: 9,911 (10.5%)NOT VOTED: 6,914 (7.3%)DID NOT VOTE: 2,605 (2.8%)

Largest asset managers voting on “Receive Report of Board” at DSV A/S, 2023-2024
Asset manager	Abstain	Vote
Empower	0	N/A
RBB FUND, INC.	0	Unknown
Brighthouse	0	Not Voted
Forethought Variable Insurance Trust	0	Did Not Vote
Symmetry Panoramic Trust	832	Abstain
Advisors' Inner Circle Fund III	105	Abstain
Dunham Funds	0	--

39. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 52,611 against).

AGAINST: 52,611 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at DSV A/S, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
TD ASSET MANAGEMENT INC	0	52,071	0	0	Against
Regime de rentes du Mouvement Desjardins	0	540	0	0	Against

Largest DSV A/S shareholders voting in 2023-2024

Ranked by the number of DSV A/S shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top DSV A/S shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	Capital Group	8,984,564
2	Vanguard	4,468,086
3	Fidelity	4,165,787
4	BlackRock	2,841,384
5	Morgan Stanley	2,604,455
6	HARRIS ASSOCIATES INVESTMENT TRUST	1,534,352
7	TIAA	1,220,675
8	Dimensional	746,464
9	State Street	279,526
10	Franklin Global Trust	245,000

Shown as share counts, not percentages: no shares-outstanding figure has been matched to DSV A/S for the 2023-2024 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At DSV A/S's shareholder meeting held 2024-03-14, in the 2023-2024 proxy season, 102 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,554 separate fund positions. Their filings are grouped here into 39 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report — the reporting funds cast 72% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

DSV A/S proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.