Novo Nordisk A/S – Share repurchase programme

Novo Nordisk A/S – Share repurchase programme

Bagsværd, Denmark, 29 June 2020 – On 11 May 2020, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Rules"). This programme is part of the overall share repurchase programme of up to DKK 17 billion to be executed during a 12-month period beginning 5 February 2020.

Under the programme, initiated 11 May 2020, Novo Nordisk will repurchase B shares for an amount up to DKK 2.6 billion in the period from 12 May 2020 to 4 August 2020.

Since the announcement as of 22 June 2020, the following transactions have been made:

	Number ofB shares	Averagepurchase price	Transactionvalue, DKK
Accumulated, last announcement	2,629,150		1,147,737,362
22 June 2020	105,000	450.60	47,312,830
23 June 2020	105,000	445.65	46,792,981
24 June 2020	105,000	444.52	46,674,619
25 June 2020	105,000	439.66	46,164,765
26 June 2020	105,000	443.62	46,580,513
Accumulated under the programme	3,154,150		1,381,263,070

The details for each transaction made under the share repurchase programme are published on novonordisk.com.

Transactions related to Novo Nordisk’s incentive programmes have resulted in a net transfer to Novo Nordisk of 75 B shares in the period from 22 June 2020 to 26 June 2020. The shares in these transactions were not part of the Safe Harbour repurchase programmeWith the transactions stated above, Novo Nordisk owns a total of 17,236,170 B shares of DKK 0.20, corresponding to 0.7% of the share capital, as treasury shares. The total amount of A and B shares in the company is 2,350,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 17 billion during a 12-month period beginning 5 February 2020. As of 26 June 2020, Novo Nordisk has since 5 February 2020 repurchased a total of 17,231,369 B shares at an average share price of DKK 425.51 per B share equal to a transaction value of DKK 7,332,051,039.

Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 43,100 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Twitter, LinkedIn, YouTube.

Further information

Media:
Anne Margrethe Hauge	+45 4442 3450	amhg@novonordisk.com
Ken Inchausti (US)	+1 609 240 9429	kiau@novonordisk.com

Investors:
Daniel Muusmann Bohsen	+45 3075 2175	dabo@novonordisk.com
Valdemar Borum Svarrer	+45 3079 0301	jvls@novonordisk.com
Ann Søndermølle Rendbæk	+45 3075 2253	arnd@novonordisk.com
Mark Joseph Root	+45 3079 4211	mjhr@novonordisk.com
Kristoffer Due Berg (US)	+1 609 235 2989	krdb@novonordisk.com