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

ANNOUNCEMENT NO. 77 - 8 NOVEMBER 2021

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
04/11/2021	0	0.00	0.00
05/11/2021	22,000	158.82	3,494,040.00
Accumulated	22,000	158.82	3,494,040.00

Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 22,000 at a total amount of DKK 3,494,040.00.

With the transactions stated above, NORDEN holds a total of 1,546,939 treasury shares, corresponding to 3.95%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 37,653,061.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

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

Attachment

• Appendix