Ørsted — Capital/Financing Update 2017

Oct 11, 2017

THE SECURITIES DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN
THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM
REGISTRATION REQUIREMENTS.

DONG Energy A/S (‘DONG Energy’) (NASDAQ OMX: DENERG), has received the
following information from New Energy Investment S.à.r.l. (‘NEI’):

• NEI has launched an accelerated bookbuild offering to institutional investors
(the ‘Transaction’) of 11,435,215 existing shares in DONG Energy, equivalent to
2.7% of the existing shares in DONG Energy. NEI is a Luxembourg company
indirectly owned by entities under the control of the Merchant Banking Division
of The Goldman Sachs Group, Inc.

• A further notice will be issued on behalf of NEI following completion of the
bookbuilding and pricing of the Transaction.

• Assuming all the shares available in the Transaction are sold, NEI will no
longer hold any shares in DONG Energy after completion of the Transaction.

DONG Energy will not receive any proceeds from the Transaction.

For additional information, please contact:

Media Relations
Martin Barlebo
+45 99 55 95 52

Investor Relations
Henrik Brünniche Lund
+45 99 55 97 22

THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES.
THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ‘SECURITIES ACT‘), AND MAY
NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN
APPLICABLE EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THERE IS NO
INTENTION TO REGISTER ANY SECURITIES REFERRED TO HEREIN IN THE UNITED STATES OR
TO CONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES.

THE SECURITIES MAY NOT AND WILL NOT BE OFFERED OR SOLD IN CANADA, JAPAN AND
AUSTRALIA.

WITH RESPECT TO THE MEMBER STATES OF THE EUROPEAN ECONOMIC AREA WHICH HAVE
IMPLEMENTED DIRECTIVE 2003/71/EC AS AMENDED (TOGETHER WITH ANY APPLICABLE
IMPLEMENTING MEASURES IN ANY MEMBER STATE, THE ‘PROSPECTUS DIRECTIVE‘) (EACH A
‘RELEVANT MEMBER STATE‘), NO ACTION HAS BEEN UNDERTAKEN OR WILL BE UNDERTAKEN
TO MAKE AN OFFER TO THE PUBLIC OF THE SECURITIES REFERRED TO HEREIN REQUIRING
THE PUBLICATION OF A PROSPECTUS IN ANY RELEVANT MEMBER STATE. AS A RESULT,
THESE SECURITIES MAY ONLY BE OFFERED OR SOLD IN ANY RELEVANT MEMBER STATE
PURSUANT TO AN EXEMPTION UNDER THE PROSPECTUS DIRECTIVE.

THIS ANNOUNCEMENT IS ONLY ADDRESSED TO, AND DIRECTED AT, PERSONS IN RELEVANT
MEMBER STATES WHO ARE ‘QUALIFIED INVESTORS‘ WITHIN THE MEANING OF ARTICLE
2(1)(E) OF THE PROSPECTUS DIRECTIVE (‘QUALIFIED INVESTORS’).

IN THE UNITED KINGDOM, THIS ANNOUNCEMENT IS DIRECTED ONLY AT, QUALIFIED
INVESTORS (I) WHO ARE ‘INVESTMENT PROFESSIONALS’ FALLING WITHIN ARTICLE 19(5)
OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER
2005, AS AMENDED (THE ‘ORDER’), OR (II) PERSONS FALLING WITHIN ARTICLE
49(2)(A)-(D) (‘HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS ETC’) OF
THE ORDER, ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS (‘RELEVANT PERSONS’).
UNDER NO CIRCUMSTANCES SHOULD PERSONS WHO ARE NOT RELEVANT PERSONS RELY OR ACT
UPON THE CONTENTS OF THIS ANNOUNCEMENT. ANY INVESTMENT OR INVESTMENT ACTIVITY
TO WHICH THIS ANNOUNCEMENT RELATES IN THE UNITED KINGDOM IS AVAILABLE ONLY TO,
AND WILL BE ENGAGED ONLY WITH, RELEVANT PERSONS.

IN DENMARK, THIS ANNOUNCEMENT IS DIRECTED ONLY AT PERSONS WHO ARE QUALIFIED
INVESTORS.