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Regulatory press release

Dampskibsselskabet NORDEN A/S - weekly report on share buy-back

D/S Norden
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ANNOUNCEMENT NO. 2 - 3 JANUARY 2024

On 2 November 2023, 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 2 November 2023 up to and including no later than 31 January 2024. For details, please see announcement no. 186 of 2 November 2023.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 30 million (approximately DKK 210 million). Under the programme, the following transactions have been made:

Date Number Average purchase price (DKK) Transaction value (DKK)
of
shares
Total, last 460,000 313.29 144,114,730
announcement
20/12/2023 7,000 325.01 2,275,070
21/12/2023 7,000 325.30 2,277,100
22/12/2023 7,000 333.14 2,331,980
27/12/2023 7,000 318.80 2,231,600
28/12/2023 11,000 319.80 3,517,800
29/19/2023 8,000 319.00 2,552,000
02/01/2024 7,000 331.77 2,322,390
Accumulated 514,000 314.44 161,622,670

Since the share buy-back programme was initiated on 2 November 2023, the total number of repurchased shares is 514,000 at a total amount of DKK 161,622,670.

With the transactions stated above, NORDEN holds a total of 2,458,412 treasury shares, corresponding to 7.23%. The total number of shares in NORDEN is 34,000,000 million. Adjusted for treasury shares, the number of shares is 31,541,588.

During the same period (20/12-23 - 2/1-24) major shareholder, Motortramp A/S, has sold 16,478 shares. Please see announcement no. 187/23 and daily reporting.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information: Stig Frederiksen, Head of Investor Relations, tel.: +45 32 71 08 55, e-mail: sfr@norden.com

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