DHT : May 23, 2019 Proxy statement

DHT HOLDINGS, INC.

Clarendon House

2 Church Street

Hamilton HM 11

Bermuda

May 23, 2019

Dear Shareholder:

On behalf of the Board of Directors, it is my pleasure to extend to you an invitation to attend the 2019 Annual Meeting of Shareholders of DHT Holdings, Inc. The annual meeting will be held at Rosewood Bermuda, 60 Tucker's Point Dr., Hamilton Parish HS 02 Bermuda, on Wednesday, June 12, 2019, at 1:00 pm (Bermuda time).

The enclosed Notice of Annual Meeting and Proxy Statement describe the business to be transacted at the annual meeting and provide other information concerning DHT. The principal business to be transacted at the annual meeting will be

1. the election of Einar Michael Steimler and Joseph H. Pyne to DHT's Board of Directors, as Class II directors, for a term of three years, (2) the approval of the 2019 Incentive Compensation Plan (the "2019 Plan") and (3) the ratification of the selection of Deloitte AS as DHT's Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2019.

The Board of Directors unanimously recommends that shareholders vote forthe election of Einar Michael Steimler and Joseph H. Pyne to the Board of Directors, forthe approval of the 2019 Plan and forthe ratification of Deloitte AS as DHT's Independent Registered Public Accounting Firm.

Your vote is very important, no matter how many shares you own.

We are soliciting your proxy so that you are able to vote on all items of business to be transacted at the annual meeting, whether or not you plan to attend the annual meeting. If you have any questions or require any assistance with voting your shares, please contact our proxy solicitor:

D.F. King & Co. Inc.

48 Wall Street, 22nd Floor

New York, NY 10005

Call Collect: [phone]

Toll Free: [phone]

We hope that you will have your shares represented by submitting a proxy (a) by telephone or the internet following the easy instructions on the enclosed proxy card or (b) by completing, signing, dating and returning your proxy card in the enclosed envelope as soon as possible.

Sincerely,

Erik A. Lind

Chairman of the Board of Directors

2019 ANNUAL MEETING OF SHAREHOLDERS
NOTICE OF ANNUAL MEETING AND PROXY STATEMENT
TABLE OF CONTENTS
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS............................................................................	i
QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL
MEETING ..............................................................................................................................................................	1
Who can I contact with questions about how to vote?.................................................................................	1
Why am I receiving these materials? ...........................................................................................................	1
What information is contained in this proxy statement? .............................................................................	1
How may I obtain DHT's 2018 Annual Report? .........................................................................................	1
What items of business will be voted on at the annual meeting?.................................................................	1
How does the Board recommend that I vote?..............................................................................................	2
What shares can I vote?...............................................................................................................................	2
What is the difference between holding shares as a shareholder of record and as a beneficial
owner?..........................................................................................................................................................	2
How can I attend the annual meeting? ........................................................................................................	2
How can I vote my shares in person at the annual meeting? ......................................................................	3
How can I vote my shares without attending the annual meeting? .............................................................	3
Can I change my vote?.................................................................................................................................	3
Is my vote confidential? ...............................................................................................................................	3
How many shares must be present or represented to conduct business at the annual meeting? ................	3
How are votes counted?...............................................................................................................................	4
What is the voting requirement to approve each of the proposals? ............................................................	4
Is cumulative voting permitted for the election of directors? ......................................................................	4
What happens if additional matters are presented at the annual meeting? ................................................	4
What should I do if I receive more than one set of voting materials? .........................................................	5
How may I obtain a separate set of voting materials? ................................................................................	5
Who will bear the cost of soliciting votes for the annual meeting? .............................................................	5
Where can I find the voting results of the annual meeting? ........................................................................	5

What is the deadline to propose actions for consideration at next year's annual meeting of
shareholders or to nominate individuals to serve as directors?..................................................................	5
How may I communicate with the Board?...................................................................................................	6
CORPORATE GOVERNANCE PRINCIPLES AND BOARD MATTERS ...................................................	8
Director Independence .................................................................................................................................	8
Board Structure and Committee Composition.............................................................................................	8
Communications with the Board ...............................................................................................................	11
DIRECTOR COMPENSATION........................................................................................................................	12
PROPOSALS TO BE VOTED ON ....................................................................................................................	13
PROPOSAL NO. 1:
Election of Einar Michael Steimler and Joseph H. Pyne to the Board ......................................................	13
PROPOSAL NO. 2:
Approval of the 2019 Incentive Compensation Plan .................................................................................	16
PROPOSAL NO. 3:
Ratification of Independent Registered Public Accounting Firm..............................................................	17
MINORITY INVESTOR ARRANGEMENTS.................................................................................................	18
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT .................	21
EXECUTIVE OFFICERS...................................................................................................................................	22
EXECUTIVE COMPENSATION......................................................................................................................	23
2018 Summary Compensation Table.........................................................................................................	23
Report of the Compensation Committee of the Board on Executive Compensation ................................	23
PRINCIPAL INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FEES AND
SERVICES............................................................................................................................................................	26
REPORT OF THE AUDIT COMMITTEE OF THE BOARD.......................................................................	27