Carlsberg A/S — Director's Dealing 2026

Feb 5, 2026

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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	Ulrica Fearn
2.	Reason for the notification
a)	Position/status	Member of the Executive Board (CFO)
b)	Initial notification/Amend ment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auc tion 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 instru ment	B-shares
	Identification code	DK0010181759
b)	Nature of the transaction	Vesting of performance shares
c)	Price(s) and volume(s)	Price(s) 937.8	Volume(s) 6,635
d)	Aggregated information - Aggregated volume - Price	Total volume: 6,635 Price/share: DKK 937.8 Total amount: DKK 6,222,303
e)	Date of the transaction	2026-02-05 at 09:30 UTC (10:30 CET)
f)	Place of the transaction	Outside a trading venue