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Novonesis AS Director's Dealing 2017

Jan 20, 2017

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In accordance with article 19 in Regulation (EU) No 596/2014 of 16 April 2014
on market abuse (the Market Abuse Regulation), Novozymes reports the following
transactions under ISIN DK0060336014, Novozymes B shares under the symbol NZYM
B

With reference to Company announcement No. 1, 2017. Novozymes' Executive
Leadership Team has on January 19th, 2017 from Novozymes A/S received the
allocated shares from the incentive program for the period 2014-2016 following
successful achievement of the targets set in the program.

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