DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK

ANNOUNCEMENT NO. 86 - 4 APRIL 2022On 3 March 2022, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 3 March 2022 up to and including no later than end April 2022. For details, please see announcement no. 56 of 3 March 2022.Under the share buy-back programme, NORDEN will...

ANNOUNCEMENT NO. 86 - 4 APRIL 2022

On 3 March 2022, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 3 March 2022 up to and including no later than end April 2022. For details, please see announcement no. 56 of 3 March 2022.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 30 million (approximately DKK 201.5 million). Under the programme, the following transactions have been made:

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	258,000	247.98	63,980,060
28/03/2022	34,000	243.39	8,275,260
29/03/2022	30,000	242.14	7,264,200
30/03/2022	28,000	237.61	6,653,080
31/03/2022	29,000	237.62	6,890,980
01/04/2022	22,000	244.63	5,381,860
Accumulated	401,000	245.50	98,445,440

Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 401,000 at a total amount of DKK 98,445,440.

With the transactions stated above, NORDEN holds a total of 3,417,569 treasury shares, corresponding to 8.72%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,782,431.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

Thomas France, Investor Communications Partner, tel.: 3315 0451

Attachments

• No. 86 Weekly report on share buy-back
• Appendix