Investor Presentation Q1-Q3 2020

89 Investor presentation First nine months of 2020 Diabetes market share and market growth in Region China 40% 30% 20% 10% 0% Diabetes market growth and Novo Nordisk market share 36% 29% 14% Diabetes market size and growth DKK billion 1 ~11% 0 19 11% 27.8% ~14% 1 21 28.5% Aug Aug Novo Nordisk Merck Others 2020 2019 Aug 2020 Novo Nordisk Competitors Aug 2017 NN market share -Market growth (right axis) -NN share of growth ―NN growth (right axis) Source: IQVIA, Aug 2020, Value, MAT, NN: Novo Nordisk Novo Nordisk®

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