Weekly report on share buy-back 77/2021


On 4 November 2021, 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 4
November 2021 up to and including no later than end February 2022. For details please see announcement
no. 75 of 4 November 2021.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 40 million
(approximately DKK 263 million). Under the programme, the following transactions have been made:

Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased
shares is 22,000 at a total amount of DKK 3,494,040.00.

With the transactions stated above, NORDEN holds a total of 1,546,939 treasury shares, corresponding to
3.95%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the
number of shares is 37,653,061.

Announcement no. 77