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

ANNOUNCEMENT NO. 26 - 31 JANUARY 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. 26 - 31 JANUARY 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	1,198,500	158.07	189,448,125
24/01/2022	25,000	140.21	3,505,250
25/01/2022	25,000	143.25	3,581,250
26/01/2022	26,000	145.03	3,770,780
27/01/2022	28,000	144.95	4,058,600
28/01/2022	27,000	150.34	4,059,180
Accumulated	1,329,500	156.77	208,423,185

Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,329,500 at a total amount of DKK 208,423,185.

With the transactions stated above, NORDEN holds a total of 2,832,939 treasury shares, corresponding to 7.23%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,367,061.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

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

Attachments

• No. 26 Weekly report on share buy-back
• Appendix