NORDEN board approves share buyback of up to USD 15 million

• NORDEN's board decided to launch a share buyback of up to USD 15 million, approximately DKK 100 million.
• The program covers up to 600,000 shares from October 30, 2026, through no later than February 4, 2027.
• Repurchases will adjust the capital structure and hedge obligations under employee incentive schemes granting options or restricted shares.
• Motortramp will sell shares pro rata to maintain its ownership of just below 32%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dampskibsselskabet NORDEN A/S published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.