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Investor Presentation

83 Investor presentation First six months of 2022 While Norditropin® is the market leader within GHD market, SogroyaⓇ represents an opportunity for patients A portfolio offering across markets Novo Nordisk leadership in competitive hGH market DKK billion 20 Value MS% Sogroya® launches 50% 15 10 5 36.5% 40% 30% 20% 10% 0 0% Jan 2019 Dec 2021 Segment Value Novo Nordisk Pfizer Eli Lilly Merck Kgaa -Roche hGH: Human growth hormone; SGA: Small for gestational age, ISS; Idiopathic short stature Source: IQVIA, MAT Dec 2021; US panels for GHT has been removed from IQVIA from Jan 2022 version SOGROYA® somapacitan norditropinⓇ (somatropin) injection • Once-weekly efficacious treatment on par with NorditropinⓇ Appears to have safe profile and no injection site reactions Simple and easy-to-use device Phase 3 trial towards broad range of indications (e.g. SGA, Turner, Noonan, ISS) to expand the market NorditropinⓇ strategy . Accompany markets slower to transition and specific patient groups Apply broad label across eight indications Novo NordiskⓇ
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