Investor Presentaiton

Investor presentation First three months of 2017 Slide 6 Sales growth is primarily driven by Region Europe, the US and Region China - Sales as reported – First three months of 2017 Region Region Latin America Japan & Korea +2% +10% Growth analysis - First three months of 2017 Local currencies Growth Share of growth North America Operations 2% 34% 3% USA 2% 30% Region China 5% +6% 11% International Operations 4% 66% Region Region Europe 6% 37% AAMEO 10% 53% (2%) North America Operations +5% Region AAMEO (1%) (4%) Region China 8% 30% 18% Region Region Japan & Korea 5% 8% Europe +4% Region Latin America (5%) (5%) Sales of DKK 28.5 billion (+5%) Total sales 3% 100% AAMEO: Africa, Asia, Middle East & Oceania changing diabetes novo nordisk

View entire presentation