Investor Presentaiton

51 Investor presentation First three months of 2017 Slide 116 2016 performance towards achieving long-term sustainability goals Working the Novo Nordisk Scale Way¹ Realised Target % 100 production Realised Share of renewable power for Operating profit growth Target³ Growth Realised - Target4 35% - - Previous Target 30% <+ 4 75 25% 3 20% 50 15% 2 10% 25 1 5% 0 2012 0 2016 2012 0% 2016 2012 2016² 1 Average score in annual employee survey (1-5) 3 Target to be met by 2020 2 2015 and 2016 adjusted for the partial divestment of NNIT A/S and inflammatory out-licensing in 2015 4 Target updated in connection with the Q3 2016 earnings statement changing diabetes novo nordisk

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