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

Bagsværd, Denmark, 21 March 2024 - Today, Novo Nordisk A/S held its Annual General Meeting.

At the Annual General Meeting, Helge Lund, chair of the Board of Directors communicated: “We are very pleased with the performance in 2023 which was an exceptional year of innovation, growth, value creation and impact for Novo Nordisk. Globally, we reached more than 40 million patients, more patients than at any point in our 100-year history. As we strive to keep pace with demand, we have invested heavily in our production capacity with the aim of serving millions more patients worldwide.”

Resolutions adopted at the Annual General Meeting
Financial year 2023 and remuneration

• Approval of the Company’s statutory Annual Report 2023 and distribution of profits according to the statutory Annual Report 2023.

• The final dividend for 2023 of DKK 6.40 for each Novo Nordisk A and B share of DKK 0.10. The total dividend for 2023 of DKK 9.40 includes both the interim dividend of DKK 3.00 for each Novo Nordisk A and B share of DKK 0.10 which was paid in August 2023 and the final dividend of DKK 6.40 for each Novo Nordisk A and B share of DKK 0.10 to be paid in March 2024
• Approval of the Remuneration Report 2023 (advisory vote), of the remuneration of the Board of Directors for 2024, of an indemnification scheme for the Board of Directors and the Executive Management and of changes to the Remuneration Policy.
  
  

Elections

• Re-election of Helge Lund as chair of the Board of Directors.
• Re-election of Henrik Poulsen as vice chair of the Board of Directors.
• Re-election of Laurence Debroux, Andreas Fibig, Sylvie Grégoire, Christina Law, Kasim Kutay and Martin Mackay as members of the Board of Directors.
• Appointment of Deloitte Statsautoriseret Revisionspartnerselskab as the Company’s auditor in respect of statutory financial and sustainability reporting.

Shares and capital

• 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 share capital is reduced by DKK 4,500,000 from DKK 343,512,800 to DKK 339,012,800. The Company’s A share capital of DKK 107,487,200 remains unchanged, whereby the Company’s share capital will amount to DKK 339,012,800.
• Authorisation to the Board of Directors until the Annual General Meeting 2025 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.
• Extension of the authorisation to the Board of Directors to increase the Company's share capital for a period of one year until 25 March 2026 up to nominally DKK 44,650,000.