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Investor Presentaiton

R&D investor presentation 18 Semaglutide showed significant improvements in NASH resolution in phase 2 and could play a key role in preventing disease progression Semaglutide showed resolution of NASH with no worsening of fibrosis versus placebo in the phase 2 trial¹ Proportion of patients Key take-aways 100% 80% 60% 40% 22.9% 20% 66.7%* 47.3%* 46.9% * 0% Placebo 0.1 mg 0.2 mg 0.4 mg Semaglutide once-daily NASH resolution without worsening of fibrosis is one of two critical endpoints defined by the FDA and EMA² For prevention of NASH disease progression, NASH resolution could be the more relevant endpoint To date, semaglutide NASH results are arguably the most convincing NASH resolution data shown *statistically significant at 72 weeks (p<0.05 vs placebo). Based on a complete case analysis using people with an evaluable biopsy at end of trial 1 Analysis included patients with fibrosis stage 1, 2 or 3 at baseline 2 FDA guidance on developing treatment for NASH: "Noncirrhotic Non-alcoholic Steatohepatitis With Liver Fibrosis: Developing Drugs for Treatment Guidance for Industry". EMA guidance on developing treatment for NASH: "Reflection paper on regulatory requirements for the development of medicinal products for chronic non-infectious liver diseases (PBC, PSC, NASH)" NASH: non-alcoholic steatohepatitis.0 novo nordisk
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