D/S Norden — Director's Dealing 2025

Dec 10, 2025

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Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.Details of the person discharging managerial responsibilities/person closely associated
Name	A/S Motortramp
2.Reason for the notification
Position/status	A/S Motortramp is closely related to manager with the issuer as A/S Motortramp'sCEO and board member, Johanne C F Riegels, is also a board member ofDampskibsselskabet NORDEN A/S.
	A/S Motortramp will on a current basis sell shares on a pro rata scale inconnection with the published share buy-back programme of DampskibsselskabetNORDEN A/S.
Initial notification /amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or3.auction monitor
Name	Dampskibsselskabet NORDEN A/S
LEI	529900RGXD3CBR3BRU63
conducted
Description of thefinancial instrument,type of instrument	Shares
Identification code	DK0060083210
Nature of thetransaction	Sale
Price(s) and	Price(s)	Volume(s)
	DKK 264.11	903
Aggregatedinformation
— Aggregated	903
	DKK 238,491.33
Date of thetransaction	2025-12-9
Place of thetransaction	Nasdaq Copenhagen (XCSE)
	volume(s)volume— Price	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) eachtype of transaction; (iii) each date; and (iv) each place where transactions have been