Notification of managers' and closely related parties' transactions with Dampskibsselskabet NORDEN A/S' shares in connection with share buy-back program

ANNOUNCEMENT NO. 165 - 18 AUGUST 2025

In connection with the announced share buy-back program in NORDEN, A/S Motortramp continuously sells shares pro rata and the market is to be informed accordingly - see the attached file and announcement no. 164/2025.

A/S Motortramp participates in NORDEN's share buy-back program by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in NORDEN.

Kind regards,

Dampskibsselskabet NORDEN A/S

Martin Badsted

CFO

For further information:

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

https://news.cision.com/norden/r/notification-of-managers--and-closely-related-parties--transactions-with-dampskibsselskabet-norden-a%2Cc4219163

No 165 Managers transactions etc

Transactions by persons discharging managerial responsibilities and persons