Vestas Wind Systems — Remuneration Information 2012

Mar 9, 2012

Comp Vesta pany ann as Wind S nouncem Systems ment from A/S m

Aarhus, Compan Page 1 o 9 March 201 ny announcem of 1 12 ment No. 13 /2012

Share b ased incent tive program mme 2012

The Boa program incentive ard of Direc mme and ma e programme ctors of Ves ake a new l e 2010 to 20 stas Wind S aunch for 2 12 as set ou Systems A/S 2012 based t in the board has decide on the term d meeting he ed to contin ms and cond eld on 26 Oc nue the sha ditions gove ctober 2009. re option rning the

The prog Vice Pre Manage includes gramme inc esidents, Se rs in all bus 330 particip ludes the E enior Vice siness units pants. xecutive Ma Presidents, as well as anagement, a Vice Presid s Vestas Wi all Executive dents, Chief nd Systems e Vice Presi f Specialists A/S. The p idents, Grou s and Chie programme up Senior f Project for 2012

The num different with the the num options f mber of optio managemen Black-Schol ber of option for the other ons allotted t nt levels in th les model am ns allotted w participating to each part he 2010 prog mounts to D would be 100 g executives. icipant is ba gramme. The KK 26m. A t 0,262 options ased on the a e total prese total of 1,004 s for the Exe amount of o nt value calc 4,723 option cutive Mana options grant culated in ac ns will be iss agement and ed to the cordance sued, and d 904,461

The exe average period 9 is adjust with the rcise price fo stock excha to 20 Janua ted for any d Board of Dir or the option ange quotati ary 2012. The dividend paid rectors' appro s is determin on price on e exercise pr d at a later st oval of the co ned by the N the NASDA rice is DKK 6 tage. The al ompany's an Nomination & Q OMX Cop 60.66. The e lotment for 2 nnual report f & Compensat penhagen (a xercise price 2012 will take for 2012. tion Committ ll transaction e of the shar e place in co tee at the ns) in the re options onnection

The opti normally terminate for the E must fo correspo ons may be y lapse if th e their emplo Executive M r a period onding to 50 exercised n ey have not oyment them anagement, of three ye per cent of t no earlier tha t been exerc mselves befo Executive V ears after e he profit gain an three yea rcised by the ore the earlie Vice Preside exercise of ned by the p rs after the a e end of 20 est time of ex ents and Gro the options articipants af allotment, i.e 017 the lates xercise, the o oup Senior V s hold shar fter deductio e. from 2016 st. If the pa options will l Vice Preside res in the on of calculat , and will articipants lapse. As ents, they company ted tax.

The num mber of option ns allotted u nder the prog gramme will appear from m the annual report for 20 012.

As for in annual re nformation r eport for 201 egarding the 11. e existing op ption progra mmes, refer rence is mad de to note 3 32 in the

Contact t details

Vestas W Bent Erik Tel.: +45 Wind System k Carlsen, C 5 9730 0000 ms A/S, Denm hairman of th mark he Board or Lars Villadse en, Senior V ice Presiden nt, Investor R Relations