Carlsberg A/S — Capital/Financing Update 2014

May 20, 2014

Carlsberg Breweries A/S has today successfully placed 10-year EUR notes for a
principal amount of EUR 1bn with a coupon of 2.5%.

The notes have been issued under the company’s European Medium Term Note (EMTN)
Programme and will be listed on the Luxembourg Stock Exchange.

The proceeds of the offering will be used for general corporate purposes.

J. P. Morgan Securities plc, Mitsubishi UFJ Securities International plc,
Nomura International plc, The Royal Bank of Scotland plc and UniCredit Bank AG
acted as active bookrunners.

Contacts
Investor Relations: Peter Kondrup +45 3327
1221 Iben Steiness +45 3327 1232
Media Relations: Jens Bekke +45 3327 1412
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