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 October 1, 2026, the company has repurchased 290,500 shares for a total of DKK 108,003,195, with recent transactions between September 25 and October 1, 2026, involving 40,500 shares at an average price of DKK 377.78. Following these repurchases, NORDEN now holds 2,715,745 treasury shares, representing 9.05% of its total share capital. Concurrently, major shareholder Motortramp A/S sold 15,044 shares during the same reporting period.

Disclaimer*

Company Announcement no. 231/2026 (October 02, 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	240,000	370.03	88,806,240
25/09/2026	10,000	375.33	3,753,300
28/09/2026	9,000	377.72	3,399,480
29/09/2026	11,000	376.03	4,136,330
30/09/2026	9,500	385.99	3,666,905
01/10/2026	11,000	385.54	4,240,940
Accumulated	290,500	371.78	108,003,195

Since the share buy-back programme was initiated on 14 August 2026, the total number of repurchased shares is 290,500 at a total amount of DKK 108,003,195.

With the transactions stated above, NORDEN holds a total of 2,715,745 treasury shares, corresponding to 9.05 %. The total number of shares in NORDEN is 30,000,000. Adjusted for treasury shares, the number of shares is 27,284,255.

During the same period (25/09-26 – 01/10-26), major shareholder, Motortramp A/S, has sold 15,044 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