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Novonesis AS

Transaction in Own Shares May 9, 2016

3377_dirs_2016-05-09_232d73dd-de7a-4e1d-82ab-949480a504d8.pdf

Transaction in Own Shares

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Transactions under Novozymes' stock buyback program

As of May 6, Novozymes has purchased an accumulated 2,169,606 shares with a transaction value of DKK 635.1 million under the stock buyback program Novozymes announced in Company announcement No. 2, 2016 and initiated February 1, 2016. Under the program, Novozymes will buy back B shares worth up to DKK 2 billion in total during 2016.

The following transactions have been made under the program in accordance with the provisions of European Commission Regulation (EC) No. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation:

Number of shares Average purchase price Transaction value, DKK
I alt sidste meddelelse 2.059.606 600.636.785
2. maj 2016 40.000 315,21 12.608.599
3. maj 2016 35.000 313,47 10.971.609
4. maj 2016 35.000 311,32 10.896.109
5. maj 2016 - - -
6. maj 2016 - - -
I alt under dette program 2.169.606 635.113.102

In addition, transactions necessitated by Novozymes' previously established incentive programs have resulted in a net sale by Novozymes of 11,425 B shares in the period from May 2 to May 6, 2016. The share transactions related to the incentive programs were not part of the Safe Harbour stock buyback program.

Following the transactions stated above, Novozymes owns a total of 8,379,538 treasury shares, corresponding to 2.7% of the stock capital. The total number of shares in the company is 310,000,000 including treasury shares.

May 9, 2016 Company announcement No. 24

Contact information [email protected]

Martin Riise (DK) +45 3077 0738 [email protected]

Nicolai Agerskov Kobborg (DK) [email protected]

Klaus Sindahl (USA) +45 5363 0134 [email protected]

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 Novozymes A/S CVR number: 10 00 71 27 Novozymes A/S Krogshoejvej 36 2880 Bagsvaerd Denmark

Phone: +45 4446 0000

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