On April 1, 2019, Panalpina Welttransport (Holding) AG announced that in light of the exchange offer launched by DSV for the Company, upon request of the Ernst Göhner Foundation, has resolved to postpone the extraordinary general meeting (EGM) scheduled for April 5, 2019, in Basel. Further, the Company added that the sole agenda item of the EGM was the repeal of the transfer and voting right restrictions in the articles of association of Panalpina World Transport (Holding) Ltd. Accordingly, the Company stated that the topic will be reviewed in the context of the current exchange offer process.