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

ANNOUNCEMENT NO. 72 - 21 MARCH 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. 72 - 21 MARCH 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	100,000	239.55	23,955,490
14/03/2022	14,000	256.38	3,589,320
15/03/2022	13,000	251.77	3,273,010
16/03/2022	13,000	255.19	3,317,470
17/03/2022	13,000	262.17	3,408,210
18/03/2022	13,000	258.27	3,357,510
Accumulated	166,000	246.39	40,901,010

Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 166,000 at a total amount of DKK 40,901,010.

With the transactions stated above, NORDEN holds a total of 3,266,069 treasury shares, corresponding to 8.33%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,933,931.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

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

Attachments

• No. 72 Weekly report on share buy-back
• Appendix