Weekly report on share buy-back 1/2022


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 953,500 at a total amount of DKK 148,372,405.

With the transactions stated above, NORDEN holds a total of 2,475,939 treasury shares, corresponding to
6.32%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the
number of shares is 36,724,061.

Announcement no. 1