Investor Presentaiton

Investor Presentation First nine months of 2018 Slide 72 Strong GLP-1 volume growth in all regions Regional GLP-1 volume growth North America Region China Region Europe Region J&K Region AAMEO Region LATAM World * 60% 40% 20% Regional GLP-1 volume market split Region Europe Region J&K North America Region China 100% 80% 60% 24% 40% 20% Region AAMEO Region LATAM 3% 8% 1% 4% 37% 46% 0% Aug 2015 J&K: Japan & Korea; AAMEO: Africa, Asia, the Middle East and Oceania; LATAM: Latin America 0% Aug 2018 Aug 2015 Note: Data is sensitive to changes in IQVIA data collection and reporting methodology; Region China has increased by 163% MAT Aug, 2018; * increases to 163% in latest observation Source: IQVIA monthly MAT Aug, 2018 volume figures changing Note: Data is sensitive to changes in IQVIA data collection and reporting methodology; Numbers does not add up to 100% due to rounding Source: IQVIA monthly MAT Aug, 2018 volume figures diabetes® Aug 2018 novo nordisk

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