Royal UNIBREW

M&A Activity • Aug 19, 2013

COMPANY ANNOUNCEMENT No 35/2013 – 19 August 2013

The conditions for Royal Unibrew’s acquisition of Oy Hartwall Ab have now been
met

As mentioned in Company Announcement No 33/2013 of 11 July 2013, Royal
Unibrew’s acquisition of the Finnish brewery Oy Hartwall Ab (Hartwall) was
subject to approval by the Estonian competition authorities and the customary
consent from business partners. The necessary approvals have now been obtained
and the transaction is expected to be realised as soon as possible (closing).

The acquisition is in line with Royal Unibrew’s strategy of being a focused and
strong regional brewery player with leading positions in the markets for beer,
malt and soft drinks, including soda water, water and juices, ciders, and
long-drinks (RTD) in the Nordic and Baltic countries.

The acquisition allows Royal Unibrew to expand its position as the
second-largest brewery group in the Nordic and Baltic countries and to broaden
and strengthen its earnings base, as well as to expand its portfolio of own
brands.

As previously announced, the acquisition is based on an assessed enterprise
value of DKK 3.3 billion, and the acquisition price is DKK 2.8 billion.
Hartwall will be included in the Financial Statements of the Royal Unibrew
Group as of the date of closing.

The impact of the acquisition on assets and liabilities in Royal Unibrew’s
Consolidated Financial Statements and the expected net revenue, EBITDA and EBIT
for 2013 will be announced in connection with the publication of Royal
Unibrew’s Interim Report for the period 1 January – 30 June 2013 on 28 August
2013.

As mentioned in Company Announcement No 33/2013 of 11 July 2013, an
extraordinary general meeting will be convened immediately after closing, at
which the Board will propose the election of a Finnish member to Royal
Unibrew’s Board of Directors.

Yours sincerely

Royal Unibrew A/S

Henrik Brandt

CEO

Please direct any inquiries regarding this Announcement to:

Henrik Brandt, CEO, tel (+45) 56 77 15 13

Lars Jensen, CFO, tel (+45) 56 77 15 05

The Announcement has been prepared in Danish and English. In case of
discrepancy, the Danish version shall prevail.