Royal UNIBREW

Transaction in Own Shares • Dec 29, 2021

COMPANY ANNOUNCEMENT NO 69/2021 – 29 DECEMBER 2021

On 23 August 2021, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 41/2021 of 23 August 2021. The program is carried out under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the Market Abuse Regulation - MAR) and the resulting delegated legislation. The share buy-back program is expected to be realized in the period from 24 August 2021 to 30 December 2021. The total share buy-back in the period will not exceed a market price of DKK 250 million.

The following transactions have been made under the program:

	Number of Shares	Average purchase price	Transaction value, DKK
Accumulated, last announcement	315,150	773.60	243,801,208.95
27 December 2021	5,000	735.87	3,679,362.50
28 December 2021	3,425	735.23	2,518,153.85
Accumulated under the program	323,575	772.61	249,998,725.29

Royal Unibrew's accumulated share buy-back from 24 August 2021 to 28 December 2021 amounts to 323,575 shares at a total cost of DKK 250 million. The announced share buy-back program has thus been completed.

The transactions stated above imply that Royal Unibrew A/S now owns a total of 880,874 treasury shares of a nominal value of DKK 2 each, corresponding to 1.8% of the share capital. The total amount of shares in the company is 48,800,000, including treasury shares.

For further information on this Announcement: CFO Lars Vestergaard, tel (+45) 30 93 18 08 www.royalunibrew.com

Encl.