Novo Nordisk A/S : Resolutions from the Annual General Meeting of Novo Nordisk A/S

Bagsværd, Denmark, 18 March 2016 - Today, Novo Nordisk A/S held its Annual General Meeting, at which the following were adopted:

Financial year 2015 and 2016

• The Company's audited Annual Report 2015.
• The actual remuneration of the Board of Directors for 2015 and the remuneration level for 2016.
• Distribution of profit according to the adopted Annual Report 2015. The dividend will be DKK 6.40 per A and B share of DKK 0.20.

Elections

• Re-election of Göran Ando as chairman and Jeppe Christiansen as vice chairman of the Board of Directors.
• Re-election of Bruno Angelici, Sylvie Grégoire, Liz Hewitt and Mary Szela as members of the Board of Directors.
• Election of Brian Daniels as new member of the Board of Directors.

• Re-election of PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab as the Company's auditor.

• Reduction of the Company's B share capital by cancellation of part of the Company's own holding of B shares. The Company's B shares are reduced by DKK 10,000,000 from DKK 412,512,800 to DKK 402,512,800.
• Authorisation to the Board of Directors to increase the Company's share capital.
• Authorisation to the Board of Directors until the next Annual General Meeting to allow the Company to repurchase own shares of up to 10% of the share capital subject to a holding limit of 10% of the share capital. 

Other

• Amendments to the Articles of Association regarding
  • abolishment of bearer shares
  • the change of NASDAQ OMX Copenhagen A/S' name to Nasdaq Copenhagen A/S
  • deletion of the requirement that all members of the Executive Management shall be registered with the Danish Business Authority
  • company announcements may be prepared in English only, if decided by the Board of Directors 
     
• Revised Remuneration Principles.

Composition of the Board of Directors and its committees

After the Annual General Meeting, the Board of Directors held a board meeting to appoint members of its committees.

The Board of Directors, including its committees are now composed as follows:

• Göran Ando (chairman of the Board, of the Nomination Committee and of the Remuneration Committee)
• Jeppe Christiansen (vice chairman and member of the Remuneration Committee and the Audit Committee)
• Bruno Angelici (member of the Nomination Committee)
• Brian Daniels
• Sylvie Grégoire (member of the Audit Committee)
• Liz Hewitt (chairman of the Audit Committee and member of the Nomination Committee)
• Liselotte Hyveled (employee representative and member of the Nomination Committee)
•  Anne Marie Kverneland (employee representative)
• Søren Thuesen Pedersen (employee representative and member of the Remuneration Committee)
• Stig Strøbæk (employee representative and member of the Audit Committee)
• Mary Szela (member of the Remuneration Committee)

Further information

Company announcement No 23 / 2016