Novonesis AS

Transaction in Own Shares • Mar 5, 2025

Initiation of share buyback program

On March 5, 2025, Novonesis will initiate a share buyback program as announced in Company Announcement No. 3 of February 26, 2025. Under the program, Novonesis will buy back B shares worth up to EUR 100 million in total during the remainder of 2025, corresponding to around 1.7 million B shares at the current share price. The program is contingent upon no major strategic initiatives being decided upon that will require a significant amount of capital.

The shares acquired in the program will be used to meet obligations arising from employee sharebased incentive programs.

The maximum number of shares to be purchased by the company per daily market session will be equivalent to no more than 25% of the average volume of shares in the company traded on NASDAQ OMX Copenhagen during the preceding 20 business days. The program will run in accordance with the European Commission Regulation (EU) No. 596/2014 of 16 April 2014 (the "Market Abuse Regulation"), and the European Commission Delegated Regulation (EU) No. 1052/2016 of 8 March 2016 (the "Safe Harbour Regulation").

March 5, 2025 Company announcement no. 06

Contact information Investor relations

Tobias Bjorklund +45 3077 8682 tobb@novonesis.com

Anders Enevoldsen +45 5350 1453 adev@novonesis.com

Katrine Spedtsberg Poulsen kats@novonesis.com

About Novonesis

Novonesis is a global leading biosolutions company transforming the way we all produce, consume and live. In more than 30 industries our biosolutions are helping companies meet their business needs and the needs of our planet. Our 10,000 people worldwide work closely with our partners and customers to challenge conventional thinking and transform business with biology.

Novozymes A/S, part of Novonesis Group Krogshoejvej 36 2880 Bagsvaerd Denmark