REPORT ON MANAGERS’ RECEIPT OF RESTRICTED SHARES – VESTING – IN DAMPSKIBSSELSKABET NORDEN A/S

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ANNOUNCEMENT NO. 25 - 28 JANUARY 2022

Under Article 19 of the Market Abuse Regulation Dampskibsselskabet NORDEN A/S is required to report transactions in Dampskibsselskabet NORDEN A/S’ shares by persons discharging managerial responsibilities and their close relatives.

With reference to announcement no. 5/2019 the following restricted shares have vested:

Name:

Jan Rindbo

Reason:

Reporting duty, CEO

Issuer:

Dampskibsselskabet NORDEN A/S

ISIN code:

DK0010269844

Instrument:

Restricted shares

Transaction:

Vesting of shares

Vesting date:

28 January 2022

Market:

Nasdaq Copenhagen

Number:

15,343

Holding after transaction

99,937


Name:

Martin Badsted

Reason:

Reporting duty, CFO

Issuer:

Dampskibsselskabet NORDEN A/S

ISIN code:

DK0010269844

Instrument:

Restricted shares

Transaction:

Vesting of shares

Vesting date:

28 January 2022

Market:

Nasdaq Copenhagen

Number:

7,974

Holding after transaction

18,885


Name:

Benedicte Hedengran Wegener

Reason:

Reporting duty, employee-elected board member

Issuer:

Dampskibsselskabet NORDEN A/S

ISIN code:

DK0010269844

Instrument:

Restricted shares

Transaction:

Vesting of shares

Vesting date:

28 January 2022

Market:

Nasdaq Copenhagen

Number:

1,029

Holding after transaction

1,761

Kind regards,

Dampskibsselskabet NORDEN A/S

Martin Badsted

CFO

For further information:

Thomas France, Investor Communications Partner, tel.: +45 3273 0629, e-mail: tfr@norden.com

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