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

Summary by AI ^BETAClose X

NORDEN has provided an update on its share buy-back program, which commenced on August 14, 2026, and is authorized up to USD 25 million. As of September 24, 2026, the company has repurchased 240,000 shares for DKK 88,806,240, bringing its total treasury shares to 2,665,936, representing 8.89% of the total shares outstanding. During the reporting period of September 18 to September 24, 2026, 48,000 shares were bought back at an average price of DKK 389.76, totaling DKK 18,711,760. Separately, major shareholder Motortramp A/S sold 11,915 shares within the same timeframe.

Disclaimer*

Company Announcement no. 225/2026 (September 25, 2026)

On 14 August 2026, 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 14 August 2026 up to and including no later than 22 October 2026. For details, please see announcement no. 190 of 13 August 2026.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 25 million (approximately DKK 162 million). The following transactions have been made under the programme:

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	200,000	365.97	73,194,480
18/09/2026	8,000	397.92	3,183,360
21/09/2026	8,000	398.18	3,185,440
22/09/2026	8,000	391.57	3,132,560
23/09/2026	8,000	380.55	3,044,400
24/09/2026	8,000	383.25	3,066,000
Accumulated	240,000	370.03	88,806,240

Since the share buy-back programme was initiated on 14 August 2026, the total number of repurchased shares is 240,000 at a total amount of DKK 88,806,240.

With the transactions stated above, NORDEN holds a total of 2,665,936 treasury shares, corresponding to 8.89 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,334,064.

During the same period (18/09-26 – 24/09-26), major shareholder, Motortramp A/S, has sold 11,915 shares. Please see announcement no. 191/2026 and daily reporting.

Kind regards,
Dampskibsselskabet NORDEN A/S

Klaus Nyborg
Chairman

For further information:

Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com