D/S Norden — Director's Dealing 2025

Dec 23, 2025

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ANNOUNCEMENT NO. 272 – 23 DECEMBER 2025

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

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 announcements nos. 227/2025 and 228/2025.

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