Royal UNIBREW — Share Issue/Capital Change 2014

Mar 24, 2014

COMPANY ANNOUNCEMENT NO 4/2014 – 24 MARCH 2014

A. Enggaard A/S, Entreprenør- og Byggefirma has notified Royal Unibrew A/S of
exercise of its purchase option on 5,000 square metres of building rights
relating to the brewery site in Aarhus.

Royal Unibrew A/S has today been notified by A. Enggaard A/S, Entreprenør- og
Byggefirma of exercise of the purchase option on 5,000 square metres of
building rights. This means that A. Enggaard, Entreprenør- og Byggefirma has
exercised the option to purchase a total of 68,875 square metres of the total
140,000 square metres of building rights at the brewery site in Aarhus. The
exercise is made as part of the option agreement entered into in March 2011
(see Company Announcement No 1/2011 of 4 March 2011).

The purchase of the 5,000 square metres of building rights is expected realised
in Q2 2014. The purchase will have a net cash flow effect after tax of
approximately DKK 13 million to Royal Unibrew A/S. The selling price agreed
upon corresponds to the carrying amount of the building rights, and therefore
the sale will not affect the Company’s profit or equity.

Yours sincerely

Royal Unibrew A/S

Henrik Brandt

CEO

Please direct any questions to me at tel +45 56 77 15 13.