INVESTOR NEWS no. 02 - 13 January 2026 Ferry – freight: Total volumes in December 2025 of 3.0m lane metres were 1.2% above 2024 and 0.4% lower adjusted for route changes. The full-year growth rates were -0.1% and -1.8%, respectively. North Sea volumes were above 2024 driven by higher volumes on most routes. Mediterranean volumes were as expected below 2024 due to capacity reductions. Channel volumes were above 2024 driven by the new Jersey volumes as the total Dover Strait volumes were on level with 2024. ...