Novonesis AS — Major Shareholding Notification 2016

Jul 28, 2016

In accordance with section 29 of the Danish Securities Trading Act, Novozymes
hereby announces that it has been informed that Baillie Gifford & Co, together
with its wholly owned subsidiary Baillie Gifford Overseas Limited, has
decreased its holding of B shares in Novozymes to 4.999%, previously reported
at 5.04% in company announcement no. 16, April 2016.

Baillie Gifford & Co, together with its wholly owned subsidiary Baillie Gifford
Overseas Limited, now holds B shares in Novozymes A/S to a total of 15,498,025
shares of a nominal value of DKK 30,996,050, equivalent to 4.999% of Novozymes
A/S’ share capital and 1.95% of the voting rights.