Novonesis AS

Director's Dealing • Sep 8, 2020

Trading by management and close relations of management

In accordance with article 19 in Regulation (EU) No 596/2014 of 16 April 2014 on market abuse (the Market Abuse Regulation) and commission delegated regulation (EU) 1052/2016 of 8 March 2016, Novozymes reports the following transactions under ISIN DK0060336014, Novozymes B shares under the symbol NZYM B.

Details of the person discharging managerial responsibilities/person closely associated
Name	Claus Crone Fuglsang	+45 3077 8682
Reason for notification		Carl Ahlgren
Position/status	CSO and Executive Vice President, Research & Development	+45 3077 2783
Initial notification/ amendment	Initial notification	Ulrik Wu Svare
Details of the issuer		+45 3077 3187

Entity	Novozymes A/S
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

Description:
Financial instrument	Shares
Identification code	ISIN DK0060336014
Nature of the transaction	Purchase of shares from exercise of stock options
Place(s) of transaction(s), price(s) and volume(s)	Place(s) Novozymes' custody account Novozymes' custody account	Price(s) 300.90 273.60	Volume(s) 7,311 shares 7,632 shares
Aggregated information	Number of shares: 14,943 Average price, DKK: 287,00 Transaction value, DKK: 4,287,995.10
Date of the transaction	2020-08-09 09:24 CEST

September 8, 2020 Company announcement No. 57

Contact information novozymesIR@novozymes.com

Tobias Cornelius Björklund tobb@novozymes.com

cxal@novozymes.com

ulms@novozymes.com

About Novozymes

Novozymes is the world leader in biological solutions. Together with customers, partners and the global community, we improve industrial performance while preserving the planet's resources and helping build better lives. As the world's largest provider of enzyme and microbial technologies, our bioinnovation enables higher agricultural yields, low-temperature washing, energyefficient production, renewable fuel and many other benefits that we rely on today and in the future. We call it Rethink Tomorrow. www.novozymes.com

Novozymes A/S CVR number: 10 00 71 27 LEI: 529900T6WNZXD2R3JW38

Novozymes A/S Krogshoejvej 36 2880 Bagsvaerd Denmark

Phone: +45 4446 0000

Details of the person discharging managerial responsibilities/person closely associated

Name Claus Crone Fuglsang

Reason for notification

Position/status	CSO and Executive Vice President, Research & Development
Initial notification/	Initial notification
amendment

Details of the issuer

Entity	Novozymes A/S
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

Description:
Financial instrument	Shares
Identification code	ISIN DK0060336014
Nature of the transaction	Shares sold
Place(s) of transaction(s),
price(s) and volume(s)	Place(s)	Price(s)	Volume(s)
	See appendix	See appendix	11,264 shares
Aggregated information	Number of shares: 11,264
	Average price, DKK: 384.65
	Transaction value, DKK: 4,332,684.09
Date of the transaction	2020-08-09

Appendix

Date & Time	Volume	Price	Venue
09-08-20 09:24:44	3,532	384.65	XCSE
09-08-20 09:24:44	1,964	384.65	XCSE
09-08-20 09:24:44	971	384.65	XCSE
09-08-20 09:24:44	2,724	384.65	XCSE
09-08-20 09:24:44	1,250	384.65	XCSE
09-08-20 09:24:44	733	384.65	XCSE
09-08-20 09:24:45	90	384.50	XCSE