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Alm. Brand Share Issue/Capital Change 2016

Mar 30, 2016

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The release of the company’s annual report for 2015, as announced in company
accouncement no. 10/2016, opened an exercise period for share options issued in
March 2013.

On the closing of the trading window, the holders of share options had
exercised 657,478 share options, thereby acquiring an equivalent number of
shares from Alm. Brand A/S at an exercise price of DKK 19.56 per share. For the
purpose of these transactions, Alm. Brand A/S has sold treasury shares acquired
in connection with the issue of the options in a total amount of DKK 12.9
million.

Contact

Please direct any questions regarding this announcement to Susanne Biltoft,
Head of Information and Investor Relations, on tel. +45 35 47 76 61.