Novonesis AS — Director's Dealing 2020

Jan 23, 2020

Trading by management and close relations of management

Pursuant to Article 19 of Regulation (EU) No 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and Commission Delegated Regulation (EU) 1052/2016 of 8 March 2016, Novozymes hereby publishes the following transactions under ISIN code DK0060336014, Novozymes B shares (ticker symbol NZYM B).

With reference to Company announcement No. 1, 2020, Novozymes' Executive Leadership Team has on January 23rd, 2020 from Novozymes A/S received the allocated shares from the incentive program for the period 2017-2019. An overview of the number and value of shares allotted is provided below.

Details of the person discharging managerial responsibilities/person closely associated

Name	Peder Holk Nielsen

Reason for notification

Position/status	CEO and President
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/S
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

Description:
Financial instrument	Shares
Identification code	ISIN DK0060336014
Nature of the transaction	Shares received as part of incentive program
---	---
Place(s) of transaction(s), price(s) and volume(s)	Place(s)
---	---
	Outside a trading venue
Aggregated information	Number of shares: 53,635
Average price, DKK: 351.40
Transaction value, DKK: 18,847,339.00
---	---
Date of the transaction	2020-23-01
---	---

January 23, 2020

Company announcement No. 3

Contact information

novozymesIR@novozymes.com

Tobias Cornelius Björklund

+45 3077 8682

tobb@novozymes.com

Carl Ahlgren

+45 3077 2783

cxal@novozymes.com

Ulrik Wu Svare

+45 3077 3187

ulms@novozymes.com

Novozymes A/S

Novozymes A/S

Krog shoejvej 36

2880 Bagsvaerd

Denmark

Phone: +45 4446 0000

Novozymes is the world leader in biological solutions. Together with customers, partners and the global community, we improve industrial performance while preserving the planet's resources and helping build better lives. As the world's largest provider of enzyme and microbial technologies, our bioinnovation enables higher agricultural yields, low-temperature washing, energy-efficient production, renewable fuel and many other benefits that we rely on today and in the future. We call it Rethink Tomorrow. www.novozymes.com

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Trading by management and close relations of management. Company announcement No. 3
2/4

Details of the person discharging managerial responsibilities/person closely associated

Name	Lars Green

Reason for notification

Position/status	CFO and Executive Vice President
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/5
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

| Description:
Financial instrument
Identification code | Shares
ISIN DK0060336014 | | |
| --- | --- | --- | --- |
| Nature of the transaction | Shares received as part of incentive program | | |
| Place(s) of transaction(s),
price(s) and volume(s) | Place(s) | Price(s) | Volume(s) |
| | Outside a trading venue | DKK 351.40 | 3,101 shares |
| Aggregated information | Number of shares: 3,101
Average price, DKK: 351.40
Transaction value, DKK: 1,089,691.40 | | |
| Date of the transaction | 2020-23-01 | | |

Details of the person discharging managerial responsibilities/person closely associated

Name	Thomas Videbæk

Reason for notification

Position/status	COO and Executive Vice President
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/5
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

| Description:
Financial instrument
Identification code | Shares
ISIN DK0060336014 | | |
| --- | --- | --- | --- |
| Nature of the transaction | Shares received as part of incentive program | | |
| Place(s) of transaction(s),
price(s) and volume(s) | Place(s) | Price(s) | Volume(s) |
| | Outside a trading venue | DKK 351.40 | 35,756 shares |
| Aggregated information | Number of shares: 35,756
Average price, DKK: 351.40
Transaction value, DKK: 12,564,658.40 | | |
| Date of the transaction | 2020-23-01 | | |

Rethink Tomorrow
novozymes

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Trading by management and close relations of management. Company announcement No. 3
3/4

Details of the person discharging managerial responsibilities/person closely associated

Name	Andrew Fordyce

Reason for notification

Position/status	Executive Vice President, Food & Beverages
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/5
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

| Description:
Financial instrument
Identification code | Shares
ISIN DK0060336014 | | |
| --- | --- | --- | --- |
| Nature of the transaction | Shares received as part of incentive program | | |
| Place(s) of transaction(s),
price(s) and volume(s) | Place(s) | Price(s) | Volume(s) |
| | Outside a trading venue | DKK 351.40 | 27,256 shares |
| Aggregated information | Number of shares: 27,256
Average price, DKK: 351.40
Transaction value, DKK: 9,577,758.40 | | |
| Date of the transaction | 2020-23-01 | | |

Details of the person discharging managerial responsibilities/person closely associated

Name	Anders Lund

Reason for notification

Position/status	Executive Vice President, Household Care
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/5
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

| Description:
Financial instrument
Identification code | Shares
ISIN DK0060336014 | | |
| --- | --- | --- | --- |
| Nature of the transaction | Shares received as part of incentive program | | |
| Place(s) of transaction(s),
price(s) and volume(s) | Place(s) | Price(s) | Volume(s) |
| | Outside a trading venue | DKK 351.40 | 27,256 shares |
| Aggregated information | Number of shares: 27,256
Average price, DKK: 351.40
Transaction value, DKK: 9,577,758.40 | | |
| Date of the transaction | 2020-23-01 | | |

Rethink Tomorrow
novozymes

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Trading by management and close relations of management. Company announcement No. 3
4/4

Details of the person discharging managerial responsibilities/person closely associated

Name	Tina Sejersgård Fanø

Reason for notification

Position/status	Executive Vice President, Agriculture & Bioenergy
Initial notification/amendment	Initial notification

Details of the issuer

Entity	Novozymes A/S
LEI code	529900T6WNZXD2R3JW38

Details of the transaction(s)

Description:
Financial instrument	Shares
Identification code	ISIN DK0060336014
Nature of the transaction	Shares received as part of incentive program
Place(s) of transaction(s), price(s) and volume(s)	Place(s)
---	---
	Outside a trading venue
Aggregated information	Number of shares: 27,256
Average price, DKK: 351.40
Transaction value, DKK: 9,577,758.40
---	---
Date of the transaction	2020-23-01

Rethink Tomorrow
novozymes