CEO STEPS DOWN, INTERIM CEO APPOINTED AS PART OF SUCCESSION

Core Insights - DFDS is undergoing a CEO succession process initiated on November 6, 2025, to enhance business and financial performance as the company shows signs of recovery towards the end of 2025 and into early 2026 [1][2] Leadership Transition - Torben Carlsen will step down as President & CEO on April 17, 2026, with Karen Boesen, the CFO, appointed as Interim CEO effective from April 18, 2026 [2] - Michael Hansen is set to join DFDS as President & CEO on July 1, 2026, following his appointment in January 2026 [3] Board and Management Statements - Claus V. Hemmingsen, Chair of the Board, expressed gratitude for Torben Carlsen's leadership and commitment, emphasizing the importance of his focus during the transition period [4] - Torben Carlsen acknowledged the challenges faced in recent years but expressed optimism about the company's performance in 2026, indicating it as a potential turning point [5] Company Overview - DFDS operates a transport network in Europe, generating an annual revenue of DKK 30 billion and employing 16,000 full-time staff [6] - The company specializes in moving goods via ferry, road, and rail, as well as transporting passengers on short sea and overnight ferry routes [6][7]