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

ANNOUNCEMENT NO. 93 - 11 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. 93 - 11 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	401,000	245.50	98,445,440
04/04/2022	30,000	239.94	7,198,200
05/04/2022	29,000	235.95	6,842,550
06/04/2022	38,000	232.55	8,836,900
07/04/2022	39,000	235.18	9,172,020
08/04/2022	36,000	239.15	8,609,400
Accumulated	573,000	242.77	139,104,510

Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 573,000 at a total amount of DKK 139,104,510.

With the transactions stated above, NORDEN holds a total of 3,575,569 treasury shares, corresponding to 9.12%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,624,431.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

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

Attachments

• No. 93 Weekly report on share buy-back
• Appendix