With reference to Company announcement No. 1, 2017. Novozymes' Executive Leadership Team has on January 19th, 2017 from Novozymes A/S received the allocated shares from the incentive program for the period 2014-2016 following successful achievement of the targets set in the program. An overview of the number and value of shares allotted is provided below. Furthermore, Tina Sejersgård Fanø and Anders Lund has also received shares from the Senior Leadership Program 2014-2016.

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Original documenthttp://www.novozymes.com/en/investor/news-and-announcements/english/2017/01/trading-by-management-and-of-close-relations-to-management-no_-1_-2017

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