Investor Presentation Full Year 2017

Investor Presentation Full year 2017 Slide 6 Sales growth driven by International Operations Sales as reported – full year 2017 Region Region Latin America Japan & Korea +3% (2%) Growth analysis - full year 2017 Local currencies Growth Share of growth North America Operations (0.2%) (5%) 3% Region China 5% +2% 10% Region AAMEO +4% 11% Hereof USA (0.4%) (10%) International Operations 5.0% 105% Region Europe 3.5% 29% North America 52% Operations (2%) Region AAMEO 8.0% 36% Region China 5.9% 24% 19% Region Region Japan & Korea 2.2% 6% Europe +2% Region Latin America 7.1% 10% Sales of DKK 111.7 billion (0%) Total sales 2.3% 100% AAMEO: Africa, Asia, Middle East & Oceania changing diabetes novo nordisk

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