ANNUAL REPORT 2021

LUNDBECK ANNUAL REPORT 2021 = CONTENTS FINANCIAL STATEMENTS OF THE PARENT COMPANY NOTES 7-8 7 INTANGIBLE ASSETS 8 PROPERTY, PLANT AND EQUIPMENT 99/111 Product Other Projects in rights¹ rights² progress² Total intangible assets Intangible assets Cost at 1 January DKKm DKKm DKKm DKKm 16,441 1,659 132 18,232 Property, plant and equipment DKKm Land and buildings DKKm Plant and machinery Other fixtures and fittings, tools and equipment Prepayments and assets under Total property, construction plant and equipment DKKm DKKm DKKm Transfers Additions Disposals Cost at 31 December 99 (99) Cost at 1 January 3,176 1,135 531 295 5,137 102 16 71 189 Transfers 41 22 36 (99) (89) (25) (114) Additions 6 10 3 229 248 16,454 1,749 104 18,307 Disposals (28) (80) (63) (171) Cost at 31 December 3,195 1,087 507 425 5,214 Amortization and impairment losses at 1 January 6,591 1,591 8,182 Amortization Disposals Amortization and impairment losses at 31 December Carrying amount at 31 December 594 57 651 Depreciation and impairment losses at (88) (21) (109) 1 January 2,136 938 506 3,580 7,097 9,357 1,627 122 8,724 Depreciation 93 44 14 151 104 9,583 Impairment losses 3 3 Disposals (27) (78) (63) (168) 1) At 31 December 2021, product rights not yet commercialized amounted to DKK 6,341 million (DKK 6,239 million in 2020). 2) Other rights and projects in progress primarily include items such as the IT system SAP. The amounts include directly attributable internal expenses. Depreciation and impairment losses at 31 December 2,202 907 457 3,566 Carrying amount at 31 December 993 180 50 425 1,648 For details on material product rights and impairment testing, see note 6 Intangible assets in the consolidated financial statements. Pledged assets No land and buildings were mortgaged at 31 December 2021. No other assets have been pledged.

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