Trading in shares

Trading in Novo Nordisk shares by board members, executives and employees:

Novo Nordisk has issued rules on board members' and executives' trading in Novo Nordisk shares. Consequently, trading is only permitted within a 15 calendar day open window period after each quarterly financial release, and Novo Nordisk shall be notified immediately after such trading and Novo Nordisk will publish such trading via the stock exchanges - see News. The rules apply also to persons associated with a board member or an executive (ie family) as well as their companies.

Rules on trading in Novo Nordisk shares are also applicable to other Novo Nordisk employees deemed to be insiders.

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