Carlsberg A/S — Director's Dealing 2021

Feb 5, 2021

Notification and public disclosure of transactions in Carlsberg A/S shares by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Cees 't Hart
2.	Reason for the notification
a)	Position/status	Member of the Executive Board (CEO)
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Carlsberg A/S
b)	LEI	5299001O0WJQYB5GYZ19
4. 1	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	B-shares
	Identification code	DK0010181759
b)	Nature of the transaction	Vesting of performance shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0 DKK per share	29.523 shares
d)	Aggregated information
- Aggregated volume
- Price	N/A
e)	Date of the transaction	2021-02-05 13.00 UTC (14.00 CET)
f)	Place of the transaction	Outside a trading venue