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

ANNOUNCEMENT NO. 32 - 7 FEBRUARY 2022On 4 November 2021, 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 4 November 2021 up to and including no later than end February 2022. For details, please see announcement no. 75 of 4 November 2021.Under the share buy-back programme,...

ANNOUNCEMENT NO. 32 - 7 FEBRUARY 2022

On 4 November 2021, 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 4 November 2021 up to and including no later than end February 2022. For details, please see announcement no. 75 of 4 November 2021.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 40 million (approximately DKK 263 million). Under the programme, the following transactions have been made:

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	1,329,500	156.77	208,423,185
31/01/2022	25,000	150.30	3,757,500
01/02/2022	24,000	149.70	3,592,800
02/02/2022	19,000	154.50	2,935,500
03/02/2022	21,000	154.99	3,254,790
04/02/2022	24,000	151.78	3,642,720
Accumulated	1,442,500	156.40	225,606,495

Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,442,500 at a total amount of DKK 225,606,495.

With the transactions stated above, NORDEN holds a total of 2,945,939 treasury shares, corresponding to 7.52%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,254,061.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

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

Attachments

• No. 32 Weekly report on share buy-back 20220207
• Appendix