H. Lundbeck A — Director's Dealing 2019

Mar 27, 2019

ENGLISH TRANSLATION

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Deborah Dunsire
2.	Reason for the notification
a)	Position/status	President and CEO
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant,
	auction platform, auctioneer or auction monitor
a)	Name	H. Lundbeck A/S
b)	LEI code	5493006R4KC2OI5D3470
4		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	Other (Restricted Cash Unit)
	instrument, type of instrument
	Identification code	DK 0010287234
b)	Nature of the transaction	Other transaction (grant of Restricted Cash Units in accordance with long-term incentive program. Each Restricted Cash Unit includes a
		right to receive an amount equal to the market price of one share at
		time of vesting. The vesting period is three years, and the right is
c)		subject to certain vesting criteria being met)
	Price(s) and volume(s)	Price(s)	Volume(s)
		0	27,917
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	2019-03-27
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anders Götzsche
2.	Reason for the notification
a)	Position/status	Executive Vice President & CFO
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant,
		auction platform, auctioneer or auction monitor
a)	Name	H. Lundbeck A/S
b)	LEI code	5493006R4KC2OI5D3470
4	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	Other (Restricted Share Unit)
	instrument, type of instrument
	Identification code	DK 0010287234
b)	Nature of the transaction	Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	8,375
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	2019-03-27
f)	Place of the transaction	Outside a trading venue (shares received after vesting will be listed on
		NASDAQ Copenhagen XCSE)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lars Bang
2.	Reason for the notification
a)	Position/status	Executive Vice President, Global Product Development & Supply
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant,
	auction platform, auctioneer or auction monitor
a)	Name	H. Lundbeck A/S
b)	LEI code	5493006R4KC2OI5D3470
4		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	Other (Restricted Share Unit)
	instrument, type of instrument
	Identification code	DK 0010287234
b)	Nature of the transaction	Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to
		certain vesting criteria being met)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	6,785
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	2019-03-27
f)	Place of the transaction	Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jacob Tolstrup
2.	Reason for the notification
a)	Position/status	Executive Vice President, Commercial Operations
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant,
	auction platform, auctioneer or auction monitor
a)	Name	H. Lundbeck A/S
b)	LEI code	5493006R4KC2OI5D3470
4		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	Shares (Restricted Share Units)
	instrument, type of instrument
	Identification code	DK 0010287234
b)	Nature of the transaction	Other transaction (Grant of Restricted Share Units in accordance with
		long-term incentive program. Each Restricted Share Unit includes a
		right to receive one share after a three-year vesting period, subject to certain vesting criteria being met)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	6,512
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	2019-03-27
f)	Place of the transaction	Outside a trading venue (shares received after vesting will be listed on
		NASDAQ Copenhagen XCSE)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Johan Luthman
2.	Reason for the notification
a)	Position/status	Executive Vice President, Research & Development
b)	Initial notification/Amendment	Initial notification
3.		Details of the issuer, emission allowance market participant,
	auction platform, auctioneer or auction monitor
a)	Name	H. Lundbeck A/S
b)	LEI code	5493006R4KC2OI5D3470
4		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	Shares (Restricted Share Units)
	instrument, type of instrument
	Identification code	DK 0010287234
b)	Nature of the transaction	Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a
		right to receive one share after a three-year vesting period, subject to
		certain vesting criteria being met)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	6,456
d)	Aggregated information
	- Aggregated volume
	- Price
e)	Date of the transaction	2019-03-27
f)	Place of the transaction	Outside a trading venue (shares received after vesting will be listed on
		NASDAQ Copenhagen XCSE)