<SEC-DOCUMENT>0001628280-25-003924.txt : 20250205
<SEC-HEADER>0001628280-25-003924.hdr.sgml : 20250205
<ACCEPTANCE-DATETIME>20250205071803
ACCESSION NUMBER:		0001628280-25-003924
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250205
DATE AS OF CHANGE:		20250205

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVO NORDISK A S
		CENTRAL INDEX KEY:			0000353278
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		ORGANIZATION NAME:           	03 Life Sciences
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-82318
		FILM NUMBER:		25590889

	BUSINESS ADDRESS:	
		STREET 1:		NOVO ALLE DK 2880
		CITY:			BAGSVAERD DENMARK
		STATE:			G7
		ZIP:			00000
		BUSINESS PHONE:		4544448888

	MAIL ADDRESS:	
		STREET 1:		NOVO ALLE DK 2880
		CITY:			BAGSVAERD DENMARK
		STATE:			G7
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NOVO NORDISK A/S
		DATE OF NAME CHANGE:	19900807

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NOVO INDUSTRI A S /DENMARK/
		DATE OF NAME CHANGE:	19890811
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>caq42024.htm
<DESCRIPTION>6-K
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="i67a6281036a642a18df0567782d8634d_1"></div><div style="min-height:49.61pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">UNITED STATES </font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Washington, D.C. 20549</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">_________________________</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">FORM 6-K</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">_________________________</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">REPORT OF FOREIGN PRIVATE ISSUER</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Pursuant to rule 13a-16 or 15d-16</font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">of the Securities Exchange Act of 1934</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">February 5, 2025</font><font style="color:#ff198d;font-family:'Frutiger LT 45 Light',sans-serif;font-size:10pt;font-weight:400;line-height:150%"> </font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">_________________________</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">NOVO NORDISK A&#47;S</font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Exact name of Registrant as specified in its charter)</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">_________________________</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:3pt;text-align:center"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Novo All&#233;</font></div><div style="margin-bottom:3pt;text-align:center"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">DK-2880 Bagsv&#230;rd</font></div><div style="margin-bottom:3pt;text-align:center"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Denmark</font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">(Address of principal executive offices)</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Form 20-F</font><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:8pt;font-weight:400;line-height:150%"> </font><font style="color:#001965;font-family:'Wingdings',sans-serif;font-size:8.5pt;font-weight:700;line-height:150%">x  </font><font style="color:#000000;font-family:'Wingdings',sans-serif;font-size:8.5pt;font-weight:700;line-height:150%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Form 40-F</font><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:8pt;font-weight:400;line-height:150%"> </font><font style="color:#001965;font-family:'Wingdings',sans-serif;font-size:8.5pt;font-weight:700;line-height:150%">o</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Yes</font><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:8pt;font-weight:400;line-height:150%"> </font><font style="color:#001965;font-family:'Wingdings',sans-serif;font-size:8.5pt;font-weight:700;line-height:150%">o </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> No</font><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:8pt;font-weight:400;line-height:150%"> </font><font style="color:#001965;font-family:'Wingdings',sans-serif;font-size:8.5pt;font-weight:700;line-height:150%">x</font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b)&#58;82-________</font></div><div><font><br></font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="i67a6281036a642a18df0567782d8634d_7"></div><hr style="page-break-after:always"><div style="min-height:86.74pt;width:100%"><div style="text-align:right"><font><br></font></div><div><img alt="newheadera.jpg" src="newheadera.jpg" style="height:59px;margin-bottom:5pt;vertical-align:text-bottom;width:281px"><font style="color:#ff198d;font-family:'Frutiger LT 45 Light',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;            &#160;&#160;&#160;&#160;</font><img alt="nn_logoxcmykxbluexsmalla.jpg" src="nn_logoxcmykxbluexsmalla.jpg" style="height:59px;margin-bottom:5pt;vertical-align:text-bottom;width:83px"><font style="color:#ff198d;font-family:'Frutiger LT 45 Light',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;                                                                                      </font></div><div><font><br></font></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">5 February 2025&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div><font style="color:#ff198d;font-family:'Frutiger LT 45 Light',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </font></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Novo Nordisk's sales increased by 25% in Danish kroner and by 26% at constant exchange rates to DKK 290.4 billion in 2024</font></div><div><font><br></font></div><div style="margin-bottom:11pt;padding-left:11.25pt;text-indent:-9pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;padding-left:5.62pt">Operating profit increased by 25% in Danish kroner a</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">nd by 26% at co</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">nstant exchange rates (CER) to DKK 128.3 billion. Operating profit was positively impacted by gross-to-net sales adjustments in the US and negatively impacted by impairment losses. </font></div><div style="padding-left:11.25pt;text-indent:-9pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:10.5pt;font-weight:400;line-height:112%">&#8226;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:112%;padding-left:5.06pt">Sales in North America Operations increased by 30% in Danish kroner (30% at CER). Sales in International Operations increased by 17% in Danish kroner (19% at CER). </font></div><div style="text-indent:9pt"><font><br></font></div><div style="padding-left:11.25pt;text-indent:-9pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;padding-left:5.62pt">Sales within Diabetes and Obesity care increased by 26% in Danish kroner to DKK 271.8 billion (27% at CER), mainly driven by GLP-1 diabetes sales growth of 21% in Danish kroner (22% at CER) and Obesity care growing by 56% in Danish kroner to DKK 65.1 billion (57% at CER). Rare disease sales increased by 9% in both Danish kroner and at CER.</font></div><div><font><br></font></div><div style="padding-left:11.25pt;text-indent:-9pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;padding-left:5.62pt">Within R&#38;D, CagriSema demonstrated superior weight loss in adults with obesity or overweight in the REDEFINE 1 trial, where people treated with CagriSema achieved a superior weight loss of 22.7%. Further, semaglutide 7.2 mg achieved 20.7% weight loss in the STEP UP obesity trial. Lastly, a phase 1b&#47;2a with injectable amycretin in people with overweight or obesity was successfully completed.</font></div><div><font><br></font></div><div style="padding-left:11.25pt;text-indent:-9pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;padding-left:5.62pt">In December 2024, Novo Nordisk announced that the acquisition of Catalent by Novo Holdings and the related acquisition by Novo Nordisk of three manufacturing sites from Novo Holdings was completed.</font></div><div style="margin-bottom:8pt;margin-top:7pt;padding-left:11.25pt;text-indent:-9pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%;padding-left:5.62pt">For the 2025 outlook, sales growth is expected to be 16-24% at CER, and operating profit growth is expected to be 19-27% at CER. Sales and operating profit growth reported in Danish kroner is expected to be 3 and 5 percentage points higher than at CER, respectively. </font></div><div style="padding-left:11.25pt;text-indent:-9pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;padding-left:5.62pt">At the Annual General Meeting on 27 March 2025, the Board of Directors will propose a final dividend of DKK 7.90 for 2024 per share. The expected total dividend for 2024 will increase 21% to DKK 11.40</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> per share, of which DKK 3.50 was paid as interim dividend in August 2024. </font></div><div style="text-indent:9pt"><font><br></font></div><div style="padding-right:-12.37pt;text-align:center;text-indent:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.839%"><tr><td style="width:1.0%"></td><td style="width:40.718%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.445%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.445%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.445%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.447%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PROFIT AND LOSS</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>as reported</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER*</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290,403&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,261&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128,339&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,574&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100,988&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,683&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings per share (in DKK)</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22.63&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.62&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">* CER&#58; Constant exchange rates (average 2023).</font></div></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Lars Fruergaard J&#248;rgensen, president and CEO&#58;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> &#34;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">We are pleased with the performance in 2024, where 26% sales growth reflects that more than 45 million people are now benefiting from our treatments. Further, we completed the acquisition of the three Catalent sites, and during the year, we progressed our R&#38;D pipeline, including obesity projects such as CagriSema and amycretin. In 2025, we will continue our focus on commercial execution, on the progression of our early and late-stage R&#38;D pipeline and on the expansion of our production capacity.&#34;</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:150%">On 5 February 2025 at 13.00 CET, corresponding to 07.00 am EST, an earnings call will be held. Investors will be able to listen in via a link on novonordisk.com, which can be found under 'Investors' (the contents of the company's website do not form a part of this Form 6-K).</font></div><div style="height:74.27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.837%"><tr><td style="width:1.0%"></td><td style="width:22.141%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:47.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.146%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Novo Nordisk A&#47;S</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investor Relations</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Novo Alle 1<br>2880 Bagsv&#230;rd<br>Denmark</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Telephone&#58;<br>+45 4444 8888<br>www.novonordisk.com</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">CVR Number&#58;<br>24 25 67 90</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div><div style="text-align:center"><font><br></font></div></div></div><div id="i67a6281036a642a18df0567782d8634d_10"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 2 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:14pt;margin-top:14pt"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">STRATEGIC ASPIRATIONS</font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">STRATEGIC ASPIRATIONS 2025 </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The strategic aspirations are objectives that Novo Nordisk intends to work towards and are not a projection of Novo Nordisk's financial outlook or expected growth. Novo Nordisk intends to describe how its activities develop in relation to each of the four dimensions on an ongoing basis. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Performance highlights for </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">2024 </font><font style="color:#0a2299;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">(</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">blue indicates fourth quarter developments</font><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">)</font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.738%"><tr><td style="width:1.0%"></td><td style="width:48.299%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.001%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.300%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">PERFORMANCE HIGHLIGHTS</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Purpose and sustainability (ESG)</font></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Progress towards zero environmental impact&#58;</font></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Overall CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:0.98pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">e emissions (scope 1, 2 and full scope 3) increased by 23% compared to 2023</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Adding value to society&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Medical treatment provided to 43.0 million people living with diabetes and 2.2 million people living with obesity</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Reached more than 64,000 children in the Changing Diabetes</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%"> in Children programme</font></div><div style="text-indent:10.91pt"><font><br></font></div></td><td colspan="3" style="background-color:#f7f6f5;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Being recognised as a sustainable employer&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Share of women in senior leadership positions has increased by 0.7 percentage point to 42% compared to 2023</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Sustainable supply chain&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Acquisition of Catalent by Novo Holdings and the related acquisition by Novo Nordisk of three manufacturing sites from Novo Holdings completed</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Innovation and therapeutic focus</font></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:135%">Further raise innovation bar for Diabetes treatment&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Awiqli</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%"> approved in the EU, Japan and China  </font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Complete Response Letter received for insulin icodec in the US</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Successful completion of phase 3a programme with IcoSema</font><font style="color:#3051f2;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#160;&#160;&#160;&#160;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">US approval and positive EU opinion for an update of the Ozempic</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%"> label based on the FLOW kidney trial</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Submission of the SOUL cardiovascular outcomes trial and STRIDE functional outcomes trial in the US and EU</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:135%">Develop superior treatment solutions for Obesity&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 2 trial initiated with once-weekly GIP&#47;GLP-1 dual agonist </font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 2a trial with monlunabant completed</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">CagriSema demonstrated superior weight loss in the REDEFINE 1 trial</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 3b trials, STEP UP and STEP UP T2D, with semaglutide 7.2 mg successfully completed</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 1b&#47;2a trial with injectable amycretin successfully completed</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 1 trial with a tri-agonist (Triple) initiated</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div></td><td colspan="3" style="background-color:#f7f6f5;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Strengthen and progress Rare disease pipeline&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 3a trial, FRONTIER 2, with Mim8 successfully completed in people with haemophilia A</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Successful completion of the phase 2 part (interim) of the etavopivat HIBISCUS phase 2&#47;3 trial</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Alhemo</font><font style="color:#4796ff;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%"> (Concizumab) approved in the US and EU for the treatment of haemophilia A and B with inhibitors </font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Alhemo</font><font style="color:#4796ff;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="color:#0094ff;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%"> submitted in the EU for the treatment of haemophilia A and B without inhibitors </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Establish presence in Cardiovascular &#38; Emerging Therapy Areas&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Agreement to acquire Cardior Pharmaceuticals and lead asset CDR132L in phase 2 development for treatment of heart failure</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 3 development initiated with ziltivekimab in HFpEF and AMI</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Phase 3 trial CLARION-CKD trial stopped as ocedurenone failed to meet primary endpoint</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Successful completion of part I of phase 3 trial ESSENCE with semaglutide 2.4 mg in MASH</font></div><div><font><br></font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Commercial execution</font></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:135%">Strengthen diabetes leadership to more than one-third&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Diabetes value market share remained unchanged at 33.7% (MAT)</font></div></td><td colspan="3" style="background-color:#f7f6f5;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">More than DKK 25 billion in Obesity care sales by 2025&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%;padding-left:14.25pt">Obesity care sales increased by 57% (CER) to DKK 65.1 billion</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Secure a sustained growth outlook for Rare Disease&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%;padding-left:14.25pt">Rare disease sales increased by 9% (CER) to DKK 18.6 billion</font></div><div><font><br></font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Financials</font></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#f7f6f5;border-bottom:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Deliver solid sales and operating profit growth&#58; </font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Sales growth of 26% (CER)</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Operating profit growth of 26% (CER), negatively impacted by impairment losses related to intangible assets</font></div></td><td colspan="3" style="background-color:#f7f6f5;border-bottom:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#f7f6f5;border-bottom:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:135%">Drive operational efficiencies&#58; </font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Operational leverage reflecting sales growth, when excluding impairment losses</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">Enable attractive capital allocation to shareholders&#58;</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">Free cash flow of DKK (14.7) billion, negatively impacted by the Catalent transaction</font></div><div style="padding-left:21.25pt;text-indent:-18pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:150%;padding-left:14.5pt">DKK 64.3&#160;billion returned to shareholders</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_13"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 3 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">PERFORMANCE HIGHLIGHTS</font></div><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">FINANCIAL HIGHLIGHTS FOR 2024 </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:29.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.399%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.849%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.849%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.952%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PROFIT AND LOSS</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</font></div></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</font></div></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;2024 to<br>&#160;2023</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;2024 to<br>&#160;2023 at CER&#185;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(Amounts are in DKK million, except for earnings per share</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290,403</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,261</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">176,954</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140,800</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,946</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">245,881</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">196,496</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,506</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,142</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,014</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Gross margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">84.7%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">84.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">83.9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">83.2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">83.5%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales and distribution costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(62,101)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(56,743)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46,217)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37,008)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32,928)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21.4%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24.4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.3%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.9%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Research and development costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(48,062)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32,443)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(24,047)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,772)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15,462)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14.0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12.2%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Administrative costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,276)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,855)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,467)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,050)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,958)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1.8%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2.1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2.5%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2.9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3.1%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income and expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,103)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,034</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (EBIT)</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128,339</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,574</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74,809</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,644</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54,126</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Operating margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">44.2%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">44.2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42.3%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">41.7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42.6%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial items (net)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,148)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,100</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,747)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">436</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(996)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit before income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,191</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,674</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,062</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,080</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,130</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26,203)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20,991)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,537)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,323)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10,992)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Effective tax rate</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20.1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19.2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20.7%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100,988</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,683</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,525</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,757</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,138</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Net profit margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">34.8%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36.0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31.4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33.9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33.2%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTHER KEY NUMBERS</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation, amortisation and impairment losses </font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,107</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,413</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,362</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,025</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,753</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital expenditure (PP&#38;E)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,164</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,806</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,146</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,335</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,825</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net cash generated from operating activities</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,968</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108,908</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78,887</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,000</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,951</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EBITDA </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1)</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,446</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111,987</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,171</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,669</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,879</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Free cash flow </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1)</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,707)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,326</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,362</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,319</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,565</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(122&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">465,795</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314,486</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">241,257</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">194,508</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144,922</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143,486</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,561</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,486</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,746</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,325</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity ratio</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30.8%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33.9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43.7%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings per share &#47; ADR (in DKK)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22.63</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.62</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.22</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.37</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.01</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total dividend per share</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> 2)</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.40</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.40</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.20</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.20</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.55</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;N&#47;A</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Payout ratio</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> 3)</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.2%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.3%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49.6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> See appendix 7&#58; Non-IFRS financial measures (additional information).</font></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">2)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Total dividend for the financial year 2024 including </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">proposed final dividend of DKK 7.90 per share and interim dividend paid in August 2024 of DKK 3.50 per share.</font></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="27" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">3)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Total dividend for the year as a percentage of net profit.</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The Board of Directors and Executive Management have considered and approved the Annual Report 2024 of Novo Nordisk A&#47;S, including the audited consolidated financial statements. The Board of Directors and Executive Management have also approved this financial report containing condensed financial information for 2024. The condensed financial statements in this financial report have been prepared in accordance with the recognition and measurement requirements of the IFRS Accounting Standards as adopted by the EU.</font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_16"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 4 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">COMMERCIAL EXECUTION</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">SALES DEVELOPMENT ACROSS THERAPEUTIC AREAS</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales grew by 25% measured in Danish kroner and by 26% at CER in 2024, driven by Diabetes care sales growth of 20% (CER) and Obesity care sales growth of 57% (CER). Rare disease sales increased by 9% (CER). Sales growth has resulted in periodic supply constraints and related drug shortage notifications across a number of products and geographies. Sales growth in the US was positively impacted by gross-to-net sales adjustments.</font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.139%"><tr><td style="width:0.1%"></td><td style="width:1.159%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:27.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.948%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.948%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.948%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.948%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.951%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales split per therapy</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2023<br>DKK million</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>as reported</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of growth<br>at CER</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diabetes and Obesity care segment</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Injectable GLP-1</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125,824&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,382&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#160;-   Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">&#174;</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">120,342&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">95,718&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#160;-   Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">&#174;</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,482&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,664&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(37&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(36&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%)</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">&#174;</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,301&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,750&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total GLP-1</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149,125&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">123,132&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Long-acting insulin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,095&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,905&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Premix insulin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,789&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,574&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fast-acting insulin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,522&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,949&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Human insulin</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,967&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,594&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total insulin</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,373&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,022&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Diabetes care</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">4</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,120&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,312&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total Diabetes care</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206,618&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173,466&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">&#174;</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,206&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,343&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">&#174;</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,940&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,289&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(33&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total Obesity care</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,146&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,632&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diabetes and Obesity care total</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">271,764&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215,098&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare disease segment</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare blood disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">5</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,138&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,776&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare endocrine disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">6</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,993&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,836&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Rare disease</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">7</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,508&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,551&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare disease total</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,639&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,163&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total sales</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290,403&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,261&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis 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Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Comprises Tresiba</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, Xultophy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, Levemir</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">  </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Awiqli</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis 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style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">3)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Comprises Fiasp</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and NovoRapid</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">4)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily NovoNorm</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, needles 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Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">,</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Refixia</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, NovoThirteen</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and Alhemo</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.  </font></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">6)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Norditropin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> and Sogroya</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">7)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Vagifem</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> and Activelle</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> </font></div></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 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style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 5 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">DIABETES AND OBESITY CARE</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Diabetes care, sales and market share development</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in Diabetes care increased by 19% measured in Danish kroner and by 20% at CER to DKK 206,618 million driven by growth of GLP</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">-1-based products and insulins. Novo Nordisk's global diabetes value market share remains unchanged over the last 12 months at </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">33.7% in line with the strategic aspiration of strengthening the Diabetes care leadership, aiming at reaching a global value market share of more than one-third in 2025. The market share was driven by market share gains in North America Operations, offset by a market share decline in International Operations. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In the following sections, unless otherwise noted, market data are based on moving annual total (MAT) from November 2023 and November 2024 provided by the independent data provider IQVIA. EMEA covers Europe, the Middle East and Africa&#59; Region China covers mainland China, Hong Kong and Taiwan&#59; Rest of World covers all other countries except for North America.</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.438%"><tr><td style="width:0.1%"></td><td style="width:1.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:40.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diabetes care, development per geographical  area</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Novo Nordisk&#8217;s share of the total diabetes market (value, MAT)</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diabetes care, sales development</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206,618&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,812&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,386&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" 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style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,806&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 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style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,266&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 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style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,790&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World ***</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,750&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Source&#58; IQVIA, November 2024 data. *Data for EMEA available for European markets and seven markets outside Europe representing approximately 90% of Novo Nordisk Diabetes care sales in the area. **Data for mainland China, excluding Hong Kong and Taiwan. *** Data for Rest of World available for seven markets representing approximately 70% of total Novo Nordisk&#8217;s Diabetes care sales in the area. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">GLP-1-based therapies for type 2 diabetes</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of GLP-1-based products for type 2 diabetes (Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">,</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> and Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">) increased by 21% measured in Danish kroner and by 22% at CER to DKK 149,125 million. The estimated global GLP-1 share of total diabetes prescriptions has increased to 6.7% compared with 6.0% 12 months ago. Novo Nordisk is the global market leader in the GLP-1 segment with a 55.1% value market shar</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e. </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.289%"><tr><td style="width:0.1%"></td><td style="width:1.609%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.774%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.927%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.930%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">GLP-1 diabetes, development per geographical area</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Novo Nordisk's share of the diabetes GLP-1 market (value, MAT)</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">GLP-1 diabetes, sales development</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149,125&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,153&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font 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Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96,695&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">International Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis 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Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,559&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Region China **</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,248&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World ***</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font 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Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,165&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">Source&#58; IQVIA, November 2024 data. *Data for EMEA available for European markets and seven markets outside Europe representing approximately 90% of Novo Nordisk GLP-1 sales in the area. **Data for mainland China, excluding Hong Kong and Taiwan. ***Data for Rest of World available for seven markets representing approximately 70% of total Novo Nordisk Diabetes care sales in the area. Note&#58; the estimated GLP-1 share of prescriptions is based on volume packs from IQVIA. Volume packs are converted into full-year patients&#47;prescriptions based on WHO assumptions for average daily doses or if not available, Novo Nordisk assumptions. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Ozempic</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales increased by 26% in both Danish kroner and at CER to DKK 120,342 million. Sales growth was driven by both North America Operations and International Operations. Sales growth has resulted in periodic supply constraints and related drug shortage notifications across geographies.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rybelsus</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales increased by 24% measured in Danish kroner and by 26% at CER to DKK 23,301 million. Sales growth was driven by EMEA and Rest of World. </font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 6 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Victoza</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales decreased by 37% measured in Danish kroner and by 36% at CER to DKK 5,482 million. The decline was driven by the GLP-1 diabetes market moving towards once-weekly treatments in both North America Operations and International Operations.</font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America Operations</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of GLP-1 Diabetes care products in North America Operations increased by 23% in both Danish kroner and at CER. Novo Nordisk is the market leader with </font><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">a 54.1% v</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">alue market share. The estimated GLP-1 share of total diabetes prescriptions has increased to 17.7% compared with 15.5% 12 m</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">onths ago.</font></div><div style="text-indent:36pt"><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of GLP-1 Diabetes care products in the US increased by 24% at CER. The sales increase was mainly driven by continued uptake of Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales grow</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">th in the US was mainly driven by a prescription volume growth of the GLP-1 class above 15% in the fourth quarter of 2024 compared with the fourth quarter of 2023. Novo Nordisk is the market leader, with 52.2% measured by total monthly prescriptions and 47.8% measured by new-to-brand prescriptions. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">S</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">ales of GLP-1 Diabetes care products in International Operations increased by 16% measured in Danish kroner and by 18% at CER, driven by all Regions. The estimated GLP-1 share of total diabetes prescriptions has increased to 4.2% compared with 3.8% 12 months ago. Novo Nordisk is the market leader with a value market share of 63.6% compared with 69.3% 12 months ago. The sales growth has resulted in periodic supply constraints and related drug shortage notifications across a number of products and geogra</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">phies.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">EMEA</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of GLP-1 Diabetes care products in EMEA increased by 18% in both Danish kroner and at CER. The sales growth reflects the uptake of Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">and Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">,</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">partially offset by lower sales of Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The estimated GLP-1 share of total diabetes prescriptions has increased to 5.7% compared with 5.2% 12 months ago. Novo Nordisk is the market leader in EMEA with a value market share of 55.8%.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Region China</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of GLP-1 Diabetes care products in Region China increased by 17% measured in Danish kroner and by 19% at CER. The sales growth mainly reflects the uptake of Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, p</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">artially countered by lower sales of Victoza</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. GLP-1 sales growth was negatively impacted by periodic supply constraints. The GLP-1 sh</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">are of total diabetes prescriptions has decreased to 3.1% compared with 3.3% 12 months ago. Novo Nordisk is the market leader in Region China with a value market share of 79.6%. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Rest of World</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">of GLP-1 Diabetes care products</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> in Rest of World increased by 13% measured in Danish kroner and by 18% at CER. The sales growth reflects increased sa</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">les of</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, partially offset by lower sales of Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The estimated GLP-1 share of total diabetes prescriptions has increased to 2.7% compared with 2.3% 12 months ago. Novo Nordisk is the market leader with a value market share of 81.3%. </font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 7 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Insulin </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin increased by 15% measured in Danish kroner and by 17% at CER to DKK 55,373 million. </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.438%"><tr><td style="width:0.1%"></td><td style="width:1.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:40.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insulin, development per geographical area</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Novo Nordisk&#8217;s share of the total insulin market (volume, MAT)</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insulin, sales development</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,373&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,395&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,478&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">International Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,978&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- EMEA *</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,019&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Region China **</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,760&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World ***</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,199&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Source&#58; IQVIA, November 2024 data. *Data for EMEA available for European markets and seven markets outside Europe representing approximately 90% of Novo Nordisk insulin sales in the area. **Data for mainland China, excluding Hong Kong and Taiwan. ***Data for Rest of World available for seven markets representing approximately 70% of total Novo Nordisk Diabetes care sales in the area.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin in North America Operations increased by 52% in both Danish kroner and at CER. The sales increase in the US was driven by by gross-to-net sales adjustments and channel and payer mix, partially countered by a decline in volume. Novo Nordisk has a volume market share of </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">32.5%</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> of the total US insulin market. </font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin in International Operations increased by 5% measured in Danish kroner and by 6% at CER</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The sales increase at CER was driven by Region China and EMEA. </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk has a volume market share </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">of 47.6% o</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">f the total insulin market in International Operations. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">EMEA</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin in EMEA increased by 4% measured in Danish kroner and by 5% at CER. The sales increase at CER was d</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">riven by long-acting insulin and fast-acting insulin, partially countered by human insulin. Novo Nordisk has a volume market share of </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">47.3%</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> of the total insulin market. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Region China</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin in Region China increased by 10% measured in Danish kroner and by 12% at CER. The sales increase at CER was mainly driven by long-acting insulin and premix insulin, partially countered by human insulin. Novo Nordisk has a volume market share of </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">41.5% </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">of the total insulin market. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Rest of World</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of insulin in Rest of World increased by 1% measured in Danish kroner and by 3% at CER. The sales increase at CER was mainly driven by premix insulin, partially countered by human insulin. Novo Nordisk has a volume market share of </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">55.4%</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> of the total insulin market.</font></div><div style="margin-bottom:3pt"><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 8 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Obesity care, sales development</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Obesity care products, Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">and Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, increased by 56% measured in Danish kroner and by 57% at CER to DKK 65,146 million. Sales growth was driven by bot</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">h North America Operations and International Operations. The volume growth of the global branded obesity market was 119%. Novo Nordisk is the global market leader with a volume market share of </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">70.4%.</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:0.1%"></td><td style="width:1.749%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.324%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.640%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.843%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.844%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Obesity care, development per geographical area</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global branded obesity market growth (Volume, MAT)</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Obesity care, sales development</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">November</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,146&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,158&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,547&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">International Operations</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,988&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- EMEA *</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,433&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Region China**</font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">298&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World***</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,257&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Source&#58; IQVIA, November 2024 data. *Data for EMEA available for European markets and seven markets outside Europe representing approximately 90% of Novo Nordisk obesity care sales in the area. **Data for mainland China, excluding Hong Kong and Taiwan. ***Data for Rest of World available for seven markets representing approximately 70% of total Novo Nordisk Diabetes care sales in the area.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales increased by 86% in both Danish kroner and at CER to DKK 58,206 million. Sales of Saxenda</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">decreased by 33% measured in Danish kroner and by 32% at CER to DKK 6,940 million as the obesity care market is moving towards once-weekly treatments.</font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America Operations</font></div><div style="text-indent:-7.09pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">   Sales of Obesity care products in North America Operations increased by 45% in both Danish kroner and at CER to DKK 48,158 million. Sales of Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 59% in both Danish kroner and at CER to DKK 46,781 million, driven by increased volumes, partially countered by lower realised prices. Broad commercial formulary access has been achieved for Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. In the US, Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> has around 200,000 </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">weekly </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">prescriptions, compared to around 100,000 weekly prescriptions in January 2024, and aroun</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">d 20,000 weekly n</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">ew-to-brand prescriptions. </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Saxenda</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> decreased by 65% measured in Danish kroner and by 64% at CER to DKK 1,377 million. The volume growth of the branded obesity market in the US was 152%. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Obesity care p</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">roducts in International Operations increased by 104% measured in Danish kroner and by 107% at CER to DKK 16,988 million, mainly d</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">riven by increased sales in EMEA and Rest of World. Sales of Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> in In</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">ternational Operations decreased by 13% measured in Danish kroner and by 12% at CER to DKK 5,563 million, and sales of Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> reached DKK 11,425 million. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> has now been launched in more than</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> 15 countries i</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">n International Operations</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The volume growth of the branded obesity market in International Operations was 73%. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">EMEA</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Obesity care products in EMEA increased by 83% in both Danish kroner and at CER to DKK 10,433 million driven by Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, partially countered by declining Saxenda</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">sales. The volume growth of the branded obesity market in EMEA was 72%.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Region China</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Obesity care products in Region China increased by 104% measured in Danish kroner and by 108% at CER to DKK 298 million. Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> was launched in China in November 2024. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Rest of World</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales of Obesity care products in Rest of World increased by 153% measured in Danish kroner and by 162% at CER to DKK 6,257 million, driven by uptake of Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The volume of the branded obesity market in Rest of World increased by 76%.  </font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.895%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 9 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Rare disease, sales development</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales increased by 9% in both Danish kroner and at CER to DKK 18,639 million. Sal</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">es of rare endocrine disorder products increased by 30% measured in Danish kroner and by 31% at CER to DKK 4,993 million. Novo Nordisk is working on gradually re-establishing supply of rare endocrine disorder products following a reduction of manufacturing output. Sogroya</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> has been launched in six countries, and the initial feedback from patients and physicians is encouraging. Sales of rare blood disorder products increased by 3% in both Danish kroner and at CER to DKK 12,138 million mainly driven by increased haemophilia B sales. </font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.438%"><tr><td style="width:0.1%"></td><td style="width:1.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:68.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare disease, development per geographical area</font></td><td colspan="6" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rare disease, sales development</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,639&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 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1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales in North America Operations increased by 20% in both Danish kroner and at CER. The sales increase was driven by rare endocrine disorder products increasing by 65% in both Danish kroner and at CER, driven by the launch of Sogroya</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">and increased Norditropin</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> supply as well as impact from gross-to-net sales adjustments in the US. Sales of rare blood disorder products increased by 7% in both Danish kroner and at CER, mainly driven by increased haemophilia B sales and NovoSeven</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">.  </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales in International Operations remained unchanged both in Danish kroner and at CER. 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Sales of rare blood disorder products decreased by 2% in both Danish kroner and CER, driven by lower NovoSeven</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> and haemophilia A sales, partially countered by increased haemophilia B sales. The increased sales of haemophilia B sales reflect the continued uptake of extended half-life products. Rare endocrine disorder products increased by 48% in both Danish kroner and at CER.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Region China</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales decreased by 30% in both Danish kroner and CER, mainly driven by decreased sales of rare endocrine products.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Rest of World</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales decreased by 2%, measured in Danish kroner, and remained unchanged at CER. Sales of rare endocrine disorder products decreased by 16% measured in Danish kroner and by 11% at CER, reflecting a reduction in manufacturing output. Sales of rare blood disorder products increased by 6% measured in Danish kroner and by 7% at CER, driven by higher sales of NovoSeven</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">.</font></div><div id="i67a6281036a642a18df0567782d8634d_19"></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_22"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 10 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">FINANCIALS</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">GEOGRAPHIC SALES DEVELOPMENT</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales increased by 25% measured in Danish kroner and by 26% at CER to DKK 290,403 million in 2024. </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales growth has resulted in periodic supply constraints and related drug shortage notifications across a number of products and geographies. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In North America Operations, sales increased by 30% in both Danish kroner and at CER. Sales in International Operations increased by 17% measured in Danish kroner and by 19% at CER.</font></div><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.438%"><tr><td style="width:0.1%"></td><td style="width:1.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:40.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales split per geographical area</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales 2024<br>DKK million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>as reported</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of growth<br>at CER</font></td></tr><tr style="height:3pt"><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178,172&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167,402&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">International Operations</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,231&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis 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style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- EMEA</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,402&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Region China</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,501&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,328&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total sales</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290,403&#160;</font></td><td style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr></table></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in North America Operations increased by 30% in both Danish kroner and at CER, positively impacted by gross-to-net sales adjustments. The sales increase reflects GLP-1 diabetes sales growing by 23% at CER, Obesity care sales growing by 45% at CER and insulin sales increasing by 52% at CER. Rare disease sales increased by 20% at CER.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in International Operations increased by 17% measured in Danish kroner and by 19% at CER. Sales growth was driven by </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Obesity care sales growing by 107% at CER and </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">GLP-1 diabetes sales growing by 18% at CER. GLP-1 diabetes sales growth was negatively impacted by periodic supply constraints. I</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">nsulin sales are growing by 6% at CER, while Rare disease sales are unchanged at CER.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:150%">EMEA</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in EMEA increased by 19% in both Danish kroner and at CER. Sales growth was driven by Obesity care growing by 83% at CER. Diabetes care sales increased by 12% at CER, driven by</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> GLP-1 diabetes sales growing by 18% at CER and insulin sales growing by 5% at CER. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Rare disease sales increased by 4% at CER.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:150%">Region China</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in Region China increased by 11% measured in Danish kroner and by 13% at CER. The sales increase at CER was driven by</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">GLP-1 diabetes sales growing by 19% at CER and </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">insulin sales increasing by 12% at CE</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">R. Other diabetes care sales decreased by 11% at CER. Rare disease sales decreased by 30% at CER. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:150%">Rest of World</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in Rest of World increased by 19% measured in Danish kroner and by 23% at CER. Sales growth was driven by Obesity care sales increasing by 162% at CER and Diabetes care growing by 11% at CER, reflecting increased GLP-1 diabetes sales growing 18% at CER. Rare diseases sales are unchanged at CER.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_25"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 11 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">DEVELOPMENT IN COSTS AND OPERATING PROFIT</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The </font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">cost of goods sold</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 24% measured in Danish kroner and by 25% at CER to DKK 44,522 million, resulting in a gross margin of 84.7%, measured in Danish kroner, compared with 84.6% in 2023. The increase in gross margin mainly reflects a positive product mix driven by increased sales of GLP-1-based treatments and a positive price impact due to gross-to-net sales adjustments in the US. This is partially countered by costs related to ongoing capacity expansions. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Sales and distribution costs</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 9% measured in Danish kroner and by 10% at CER to DKK 62,101 million. The increase in costs is driven by both North America Operations and International Operations. In North America Operations, t</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">he cost increase is mainly driven by promotional activities related to Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. In International Operations, the increase is mainly related to Obesity care market development activities and Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">launch activities as well as promotional activities for GLP-1 diabetes products. The increase in sales and distribution costs is negatively impacted by adjustments to legal provisions in 2023. Sales and distribution costs amounted to 21.4% as a percentage of sales.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Research and development costs</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 48% in both Danish kroner and at CER to DKK 48,062 million compared to 2023, mainly reflecting increased late-stage clinical trial activity, increased early research activities as well as impairment losses related to intangible assets. </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Research and development costs amounted to 16.6% as a percentage of sales. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Administration costs</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 9% in both Danish kroner and at CER to DKK 5,276 million.</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> Administration costs amounted to 1.8% as a percentage of sales.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Other operating income and expenses (net)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> showed a loss of DKK 2,103 million compared to an income of DKK 119 million in 2023. The loss is mainly reflecting impairments related to a partnership agreement of a company previously acquired by Novo Nordisk and transaction costs related to the Catalent transaction.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Operating profit </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">increased by 25% measured in Danish kroner and by 26% at CER to DKK 128,339 million, reflecting the sales growth and impairments related to intangible assets. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">EBITDA increased by 32% measured in Danish kroner and by 33% at CER.</font></div><div id="i67a6281036a642a18df0567782d8634d_28"></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Financial items (net)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> showed a net loss of DKK 1,148 million, compared with a net gain of DKK 2,100 million in 2023. This primarily reflects losses on non-hedged currencies.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In line with Novo Nordisk&#8217;s treasury policy, the most significant foreign exchange risks for Novo Nordisk have been hedged, primarily through foreign exchange forward contracts. The foreign exchange result was a net</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> loss</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> of DK</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">K</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> 1,023 million compared with a net gain of DKK 1,652 million in 2023. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">As per the end of December 2024, a negative market value of financial contracts of approximately DKK 5.8 billion has been deferred for recognition in 2025. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">The effective tax rate</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> was 20.6% in 2024, compared with an effective tax rate of 20.1% in 2023.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Net profit</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">by 21% to DKK 100,988 million and diluted earnings per share increased by 22% to DKK 22.63. Net profit and diluted earnings per share are impacted by impairments related to intangible assets. </font></div><div id="i67a6281036a642a18df0567782d8634d_31"></div><div style="margin-bottom:3pt"><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 12 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">KEY DEVELOPMENTS IN THE FOURTH QUARTER OF 2024</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in the fourth quarter of 2024</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 30% in both Danish kroner and at CER co</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">mpared to 2023. Sales growth is positively impacted by gross-to-net adjustments in the </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">US. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Operating profit increased by 37% in both Danish kroner and at CER</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. Sales growth has resulted in periodic supply constraints and related drug shortage notifications across a number of products </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">and</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> geographies. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Please refer to appendix 1 for an overview of the quarterly numbers in DKK and to appendix 6 for additional details on sales in the fourth quarter of 2024. </font></div><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.438%"><tr><td style="width:0.1%"></td><td style="width:1.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:40.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales split per geographical area</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;Sales Q4 2024<br>DKK million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>as reported</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth<br>at CER</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of growth<br>at CER</font></td></tr><tr style="height:3pt"><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">North America Operations</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,364&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- The US</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,372&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 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Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,319&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis 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Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,759&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Region China</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,324&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;- Rest of World</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,236&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total sales</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,683&#160;</font></td><td style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr></table></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The increased global sales of 30% at CER were driven by increased sales across the portfolio. GLP-1 diabetes sales increased by 12% at CER and Obesity care sales increased by 91% at CER. Insulin sales increased by 36% at CER and Rare disease sales increased by 25% at CER.  </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">North America </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">Operations</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in North America Operations increased by 30% measured in Danish kroner and by 29% at CER. Sales growth was driven by GLP-1 diabetes sales growing by 7% at CER. Ozempic</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales growth was negatively impacted by one-off comparator effects in fourth quarter of 2023. Obesity care sales increased by 79% at CER. Insulin sales increased by 112% at CER, positively impacted by gross-to-net adjustments, partially countered by lower realised volumes. Rare disease sales increased by 18% at CER, mainly driven by volume growth for rare endocrine disorder products and gross-to-net sales adjustments.  </font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">International Operations</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales in International Operations increased by 30% measured in Danish kroner and by 32% at CER. Sales growth was driven by all Regions.  </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales growth was driven by Diabetes and Obesity </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">care growing by 32% at CER,</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> driven by Obesity care increasing by 139% at CER following</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> uptake of Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">GLP-1 diabetes sales grew by 26% at CER, and insulin</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> sales increased by 13% at CER. Rare disease sales increased by 35% at CER. </font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 13 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:43.877%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.149%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.149%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.096%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PROFIT AND LOSS</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Q4 2024</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Q4 2023</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;Q4 2024 to<br>&#160;Q4 2023</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;Q4 2024 to<br>&#160;Q4 2023 at CER</font></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,683</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,863</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,659</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,849</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Gross margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">84.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">84.8%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales and distribution costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18,701)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,170)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.1%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Research and development costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,802)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10,460)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.9%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Administrative costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,580)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,456)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income and expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,839)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (EBIT)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,737</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,766</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Operating margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">40.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial items (net)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,180)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">854</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit before income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,557</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,620</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">29</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:100%">N&#47;A</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,327)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,657)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Effective tax rate</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.6%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.5%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,230</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,963</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N&#47;A</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Net profit margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.3%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%;text-decoration:underline">Costs and operating profit</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">The gross margin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> was realised at 84.8% in the fourth quarter of 2024 compared with 84.8% in 2023. The gross margin is unchanged due to a positive product mix driven by increased sales of GLP-1-based treatments and a positive price impact due to gross-to-net sales adjustments in the US. This is</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> partially countered by costs related to ongoing capacity expansions as well as costs related to impairments of assets, as well as Catalent amortisations</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Sales and distribution costs</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 9% in both Danish kroner and at CER compared with 2023, impacted by adjustments to legal provisions in 2023. T</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">he increase in costs is driven by both North America Operations and International Operations. In North America Operations, t</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">he cost increase is mainly driven by promotional activities related to Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. In International Operations, the increase is mainly related to Obesity care market development activities and Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174; </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">launch activities. Sales and distribution costs amounted to 21.8% as a percentage of sales.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> </font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Research and development costs</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 32% measured in Danish kroner and by 31% at CER compared with 2023.  This is driven by both increased late-stage clinical trial and research activities mainly related to Diabetes and Obesity Care as well as impairments related to intangible assets. Research and development costs amounted to 16.1% as a percentage of sales.  </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> </font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Administrative costs</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 9% in both Danish kroner and at CER compared with the same period in 2023. Administration costs amounted to 1.8% as a percentage of sales.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Other operating income and expenses </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">showed a loss of DKK 1,839 million in the fourth quarter of 2024. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The loss is mainly reflecting impairments related to a partnership agreement of a company previously acquired by Novo Nordisk and transaction costs related to the Catalent transaction.</font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 14 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Operating profit</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> increased by 37% in both Danish kroner and at CER compared with the fourth quarter of 2023. EBITDA increased by both 41%, measured in Danish kroner and by 41% at CER.  </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Financial items (net)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> showed a net loss of DKK 1,180 million compared with a net gain of DKK 854 million in the fourth quarter of 2023, mainly reflecting losses on hedged currencies, primarily the US dollar.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">The effective tax rate</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> is 20.6% in the fourth quarter of 2024 compared with an effective tax rate of 20.5% in the fourth quarter of 2023.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Net profit increased</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> by 29% to DKK 28,230 million and diluted earnings per share increased by 29% to DKK 6.34. </font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_34"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.628%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 15 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:1pt"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">CASH FLOW AND CAPITAL ALLOCATION </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:140%">FREE CASH FLOW IN 2024 AND CAPITAL EXPENDITURE</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Free cash flow in 2024 was realised at DKK (14.7) billion compared to DKK 68.3 billion in 2023. The lower free cash flow in 2024 is mainly impacted by the USD 11.7 billion acquisition price related to the three Catalent manufacturing sites. Free cash flow is also impacted by increasing capital expenditure, partially countered by net cash generated from operating activities. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Capital expenditure for property, plant and equipment was DKK 47.2 billion compared with DKK 25.8 billion in 2023, primarily reflecting investments in additional capacity for active pharmaceutical ingredient (API) production and fill-finish capacity for both current and future injectable and oral products. Capital expenditure related to intangible assets was DKK 4.1 billion in 2024 compared with DKK 13.1 billion in 2023, reflecting business development activities. </font></div><div style="margin-bottom:3pt"><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Income under the 340B Program has been partially recognised. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Novo Nordisk has acquired three fill-finish sites from Novo Holdings A&#47;S in connection with the Catalent, Inc. transaction</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In February 2024, Novo Nordisk announced an agreement to acquire three fill-finish sites from Novo Holdings A&#47;S (Novo Holdings) in connection with a transaction where Novo Holdings has agreed to acquire Catalent, Inc. (Catalent), a global contract development and manufacturing organisation. As announced, the acquisition was completed on 18 December 2024. For further information, please see the company announcement here&#58; https&#58;&#47;&#47;www.novonordisk.com&#47;news-and-media&#47;news-and-ir-materials&#47;news-details.html&#63;id&#61;915081#&#58;&#126;&#58;text&#61;The%20acquisition%20of%20Catalent%20by,from%20Novo%20Holdings%20A%2FS (The contents of the company's website do not form a part of this Form 6-K).  </font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">EQUITY AND CAPITAL ALLOCATION</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Total equity was DKK 143,486 million at the end of 2024, equivalent to 30.8% of total assets, compared with 33.9% at the end of 2023. Please refer to appendix 5 for further elaboration of changes in equity. Novo Nordisk returned DKK 64.3&#160;billion to shareholders via DKK 20.2 billion share buybacks and DKK 44.1 billion dividend during 2024. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Proposed final dividend of DKK 7.90 for each Novo Nordisk A and B share of DKK 0.10 </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">At the Annual General Meeting on 27 March 2025, the Board of Directors will propose a final dividend of DKK 7.90 for each Novo Nordisk A and B share of DKK 0.10. The total dividend for 2024 of DKK 11.40 for each Novo Nordisk A and B share of DKK 0.10 includes both the interim dividend of DKK 3.50 for each Novo Nordisk A and B share of DKK 0.10, which was paid in August 2024, and the proposed final dividend of DKK 7.90 for each Novo Nordisk A and B share of DKK 0.10 to be paid 1 April 2025. Hence, the total dividend per share is expected to increase by 21.3% compared with the 2023 dividend of DKK 9.40 for each Novo Nordisk A and B share of DKK 0.10. The total dividend for 2024 corresponds to a payout ratio of 50.2% which is similar to the payout ratio for Novo Nordisk's peer group of comparable pharmaceutical companies in 2023. No dividend will be paid on the company's holding of own B shares. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Share repurchase programme</font><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%"> </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">As of 3 February 2025, Novo Nordisk has repurchase</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">d 24,802,593 B shares of DKK 0.10 for an amount of DKK 20 billion as part of the overall share repurchase programme of up to DKK 20 billion to be executed during a 12-month period beginning 6 February 2024. The purpose of the programme was to reduce the company's share capital and to meet obligations arising from share-based incentive programmes. The programme was concluded on 3 February 2025. As of 3 February 2025, Novo Nordisk and its wholly-owned affiliates owned 25,947,151 of its own B shares, corresponding to 0.6% of the total share capital.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk&#8217;s capital allocation priorities focus on attractive internal growth investments, including the significant supply chain expansion and a dividend pay-out ratio around 50% of net profit. Following the further step-up in CAPEX investments in 2025, Novo Nordisk is not initiating a new share buyback programme. An authorisation to the Board of Directors to buy back shares will, however, in line with previous years, be proposed at the Annual General Meeting should the initiation of a share buyback programme later be deemed relevant. As the Board of Directors prioritises to meet obligations arising from </font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.628%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 16 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">current and future share-based incentive programmes, a reduction in the B share capital will not be proposed at the Annual General Meeting in March 2025.</font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.573%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_37"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 17 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">OUTLOOK</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The current expectations for 2025 are summarised in the table below&#58;</font></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.042%"><tr><td style="width:1.0%"></td><td style="width:49.517%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:23.591%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.592%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="background-color:#ffffff;color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:10pt;font-weight:400;line-height:100%">r</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expectations are as reported, if not otherwise stated</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expectations <br>5 February 2025</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sales growth</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">at CER</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16% to 24%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">as reported</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Around 3 percentage points higher than at CER</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Operating profit growth</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">at CER</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19% and 27%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">as reported</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Around 5 percentage points higher than at CER</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Financial items (net)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loss of around 9 bDKK</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effective tax rate</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21% to 23%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital expenditure (PP&#38;E)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Around 65 bDKK</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation, amortisation and impairment losses</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Around DKK 17 billion</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Free cash flow (excluding impact from business development)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 75 and 85 bDKK</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:8pt"><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sales growth is expected to be 16% to 24% at CER. Given the current exchange rates versus the Danish krone, sales growth reported in DKK is expected to be 3 percentage points higher than at CER.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The guidance reflects expectations for sales growth in both North America Operations and International Operations, mainly driven by volume growth of GLP-1-based treatments for Obesity and Diabetes care. Intensifying competition and continued pricing pressure within Diabetes and Obesity care is included in the guidance.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Following higher-than-expected volume growth in recent years, including GLP-1-based products such as Ozempic</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> and Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, combined with the expectation of continued volume growth and capacity limitations at some manufacturing sites, the outlook also reflects expected continued periodic supply constraints and related drug shortage notifications across a number of products and geographies. Novo Nordisk is investing in internal and external capacity to increase supply both short and long-term. </font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Operating profit growth</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> is expected to be 19% to 27% at CER. Given the current exchange rates versus the Danish krone, growth reported in DKK is expected to be 5 percentage points higher than at CER. The expectation for operating profit growth primarily reflects the sales growth outlook and continued investments in future and current growth drivers within Research, Development, Commercial and Manufacturing. Within R&#38;D, investments are related to the continued expansion and progression of the early and late-stage pipeline. Commercial investments are mainly related to</font><font style="background-color:#ffffff;color:#000000;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Obesity care market development and activities as well as investments within GLP-1 diabetes care. Within Manufacturing, investments are mainly related to ongoing scaling of capacity efforts, and a negative mid-single-digit operating profit growth impact related to the acquisition of the three Catalent manufacturing sites is also included in the guidance. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk expects</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:700;line-height:150%"> </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">financial items (net)</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> for 2025 to amount to a loss of around DKK 9 billion. This is driven by expected losses on hedged currencies, primarily the US dollar due to the increased USD&#47;DKK rate, and increased interest expenses related to funding of the Catalent transaction, as the acquisition is mainly debt-financed. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The </font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">effective tax rate</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> for 2025 is expected to be in the range of 2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">1-23%. The increase compared to 2024 is mainly driven by country and therapy sales mix.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:147%">Capital expenditure</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:147%"> </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:147%">is expected to be around 65 billion DKK in 2025, reflecting expansion of the global supply chain. The investments will create additional capacity across the supply chain, including manufacturing of active pharmaceutical ingredients (API), additional aseptic production and finished production processes as well as packaging capacity. In the coming years, the capital expenditure to sales ratio is still expected to be low double-digit.  </font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 18 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Depreciation, amortisation and impairment losses</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> are expected to be </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">around</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> DKK 17 billion, and include depreciations and amortisations related to the Catalent transaction.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The </font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">free cash flow </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">is expected to be DKK 75-85 billion reflecting the sales growth, a favourable impact from rebates in the US, countered by increased investments in capital expenditure. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">All of the above expectations are based on assumptions that the global or regional macroeconomic and political environment will not significantly change business conditions for Novo Nordisk during 2025, including energy and supply chain disruptions, the potential implications from major healthcare reforms and legislative changes, taxation changes, including changes in tariffs and duties, as well as outcome of legal cases including litigations related to the 340B Drug Pricing Program in the US, and that the currency exchange rates, especially the US dollar, will remain at the current level versus the Danish krone. The guidance is also based on assumptions in relation to the estimation of gross-to-net developments in the US gross sales. Finally, the guidance does not include the financial implications of any new significant business development transactions and significant impairments of intangible assets during 2025.  </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:25.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.300%"></td><td style="width:0.1%"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX (average rates)</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Q4 2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Q4 2023</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% change</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spot rate<br>30 January 2025</font></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis 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Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">689&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">689&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CNY</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">JPY</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.59&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.69&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.56&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.91&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.65&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CAD</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">509&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">503&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">511&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">498&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BRL</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">121&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk has hedged expected net cash flows in a number of invoicing currencies, and, all other things being equal, movements in key invoicing currencies will impact Novo Nordisk&#8217;s operating profit as outlined in the table below.</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.588%"><tr><td style="width:1.0%"></td><td style="width:21.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:46.869%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:28.826%"></td><td style="width:0.1%"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Key invoicing currencies</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impact on Novo Nordisk's operating profit in the next 12 months of a 5% movement in currency</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging period (months)</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK 7,400 million</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CNY</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK 670 million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CAD</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK 490 million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BRL</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK 260 million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">JPY</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK 210 million</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> As of 31 December 2024. </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">2)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Chinese yuan traded offshore (CNH) used as proxy when hedging Novo Nordisk&#8217;s CNY currency exposure. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The financial impact from foreign exchange hedging is included in Financial items (net). </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.578%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_40"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 19 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">INNOVATION AND THERAPEUTIC FOCUS</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:135%">Diabetes care</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Regulatory approvals for </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> label expansion in the EU and US</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> t</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">o reflect data from the kidney outcomes trial FLOW</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk announced that the European Medicines Agency&#8217;s (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion for an update of the Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> label to reflect data from the kidney outcomes trial FLOW. For further information, please see the company announcement here&#58; https&#58;&#47;&#47;www.novonordisk.com&#47;news-and-media&#47;news-and-ir-materials&#47;news-details.html&#63;id&#61;915077 (The contents of the company's website do not form a part of this Form 6-K).</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">  . Similarly, in January 2025, the Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> label expansion update related to the FLOW trial was approved by the US Food and Drug Administration (FDA). In the FLOW trial, semaglutide 1.0 mg demonstrated a 24% reduction in the risk of kidney disease-related events in people with type 2 diabetes and chronic kidney disease. In the trial, semaglutide 1.0 mg appeared to have a safe and well-tolerated profile in line with previous semaglutide 1.0 mg trials. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Once-weekly IcoSema submitted for regulatory approval in China</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In November 2024, Novo Nordisk submitted IcoSema, a once-weekly combination of basal insulin icodec and semaglutide, to the Centre for Drug Evaluation (CDE) for regulatory approval in China. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Update on regulatory submissions for Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> in the EU and US to reflect data from the functional outcomes trial </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">STRIDE</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024 and January 2025, Novo Nordisk submitted a supplemental New Drug Application (sNDA) to the US FDA and a Type II variant application to the EMA, respectively, for Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> for the indication of peripheral artery disease. The data are based on the STRIDE trial which achieved its primary objective by demonstrating a statistically significant and superior improvement in maximum walking distance of 13% for people treated with semaglutide 1.0 mg compared to placebo. In the trial, semaglutide 1.0 mg appeared to have a safe and well-tolerated profile in line with previous semaglutide 1.0 mg trials.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Update on regulatory milestones for oral semaglutide (Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">) in the EU and US </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024 and January 2025, Novo Nordisk submitted a supplemental New Drug Application (sNDA) to the US FDA and a Type II variant application to the EMA, respectively, for Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> for the indication of reducing the risk of major adverse cardiovascular events (cardiovascular death, non-fatal heart attack or non-fatal stroke) in people with type 2 diabetes and established cardiovascular disease  and&#47;or chronic kidney disease. This is based on data from the SOUL trial which achieved its primary objective by demonstrating a statistically significant and superior reduction in major adverse cardiovascular events (MACE) of 14% for people treated with oral semaglutide compared to placebo. As part of standard of care, 49% of patients received SGLT2i at some point during the trial. In the trial, oral semaglutide appeared to have a safe and well-tolerated profile in line with previous oral semaglutide trials. Further, in January 2025, the US FDA granted a marketing authorisation of a formulation change application in the US to introduce 1.5 mg, 4 mg and 9 mg daily doses of or Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> equivalent to 3 mg, 7 mg and 14 mg doses, respectively.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 2a trial with monlunabant in diabetic kidney disease completed</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In November 2024, Novo Nordisk completed a phase 2 trial in participants with diabetic kidney disease treated with monlunabant, a small molecule oral cannabinoid receptor 1 (CB1) inverse agonist. The trial investigated the efficacy and safety of a once-daily 10 mg and 25 mg dose of monlunabant compared to placebo on Urine Albumin-Creatinine ratio (uACR) after 16 weeks in 254 people with diabetic kidney disease. The trial did not meet its primary endpoint of a statistical significant improvement on uACR with monlunabant versus placebo. In the trial, the most common adverse events were gastrointestinal, with the vast majority being mild to moderate in severity. Reporting of mild to moderate neuropsychiatric side effects was more frequent with monlunabant compared to placebo. Following the completion of this phase 2 trial, monlunabant in kidney disease is being evaluated for further clinical development.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 1 trial with glucose-sensitive insulin NN1644 initiated </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In November 2024, Novo Nordisk initiated a phase 1 trial with a subcutaneously administrated glucose-sensitive insulin</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> NN1644. </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The trial is investigating safety, tolerability, pharmacokinetics and pharmacodynamics of different doses of a glucose-sensitive insulin</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> NN1644</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> in healthy volunteers and people with type 1 diabetes.</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 20 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Obesity care</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Re-submission to the US FDA of the results from the Wegovy</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%"> STEP HFpEF trials</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In January 2025, Novo Nordisk re-submitted the results from the HFpEF trials to FDA in the US with data from FLOW and SOUL included.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Next steps for oral semaglutide 25 mg in people with obesity or overweight</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In June 2024, Novo Nordisk successfully completed OASIS 4, a phase 3b trial in the global OASIS programme. OASIS 4 was a 64-week, efficacy and safety trial comparing once-daily oral semaglutide 25 mg for weight management to placebo in 307 adults with obesity or overweight with one or more comorbidities. From a baseline bodyweight of 105.9 kg, oral semaglutide 25 mg achieved 16.6% weight loss compared to a 2.7% reduction with placebo in adults with obesity or overweight (if all participants adhered to treatment). When applying the treatment policy estimand, oral semaglutide 25 mg achieved 13.6% weight loss compared to 2.2% reduction with placebo. In the trial, oral semaglutide 25 mg appeared to have a safe and well-tolerated profile. Novo Nordisk expects to file for regulatory approval with the US FDA within the next few months.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 3b trial (STEP UP) with semaglutide 7.2 mg in people with obesity successfully completed  </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In January 2025, Novo Nordisk announced headline results from STEP UP, a phase 3b trial in the global STEP programme. STEP UP is a 72-week efficacy and safety trial investigating subcutaneous semaglutide 7.2 mg compared to semaglutide 2.4 mg and placebo, all administered once weekly. When evaluating the effects of treatment if all people adhered to treatment from a mean baseline body weight of 113 kg, people treated with semaglutide 7.2 mg achieved a superior weight loss of 20.7% after 72 weeks compared to a reduction of 17.5% with semaglutide 2.4 mg and 2.4% with placebo. In the trial, semaglutide 7.2 mg appeared to have a safe and well-tolerated profile. For further information, please see the company announcement here&#58; https&#58;&#47;&#47;www.novonordisk.com&#47;news-and-media&#47;news-and-ir-materials&#47;news-details.html&#63;id&#61;915087 (The contents of the company's website do not form a part of this Form 6-K).</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 3b trial (STEP UP T2D) with semaglutide 7.2 mg in people with obesity and diabetes successfully completed </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In January 2025, Novo Nordisk successfully completed STEP-UP T2D, a phase 3b trial in the global STEP programme. STEP-UP T2D was a 72-week trial investigating efficacy of semaglutide 7.2 mg compared to placebo, and safety of semaglutide 7.2 mg compared to semaglutide 2.4 mg and placebo, all administered subcutaneously once-weekly, in 512 adults with obesity and type 2 diabetes. The trial met its co-primary endpoints. From an overall baseline bodyweight of 110.1 kg, semaglutide 7.2 mg achieved 13.2% weight loss compared to 10.4% with semaglutide 2.4 mg and 3.9% with placebo (14.1% weight loss compared to a 10.7% and 3.6% reduction, respectively, if all people adhered to treatment). In the trial, semaglutide 7.2 mg appeared to have a safe and well-tolerated profile. The most common adverse events were gastrointestinal, and the vast majority were mild to moderate and diminished over time, consistent with the GLP-1 receptor agonist class.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">CagriSema demonstrated superior weight loss in adults with obesity or overweight in the phase 3 trial, REDEFINE 1</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk announced headline results from REDEFINE 1, a 68-week efficacy and safety trial investigating subcutaneous CagriSema (a fixed dose combination of cagrilintide 2.4 mg and semaglutide 2.4 mg) compared to the individual components cagrilintide 2.4 mg, semaglutide 2.4 mg and placebo.  After 68 weeks, if all people adhered to treatment and from a baseline bodyweight of 106.9 kg, CagriSema achieved a superior weight loss of 22.7% compared to a reduction of 11.8% with cagrilintide 2.4 mg, 16.1% with semaglutide 2.4 mg and 2.3% with placebo alone. In the trial, CagriSema, cagrilintide 2.4 mg and semaglutide 2.4 mg appeared to have a safe and well-tolerated profile. For further information, please see the company announcement here&#58; https&#58;&#47;&#47;www.novonordisk.com&#47;news-and-media&#47;news-and-ir-materials&#47;news-details.html&#63;id&#61;915082 (The contents of the company's website do not form a part of this Form 6-K)..</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The results from the second pivotal phase 3 trial, REDEFINE 2, in adults with type 2 diabetes and either obesity or overweight are expected during the first quarter of 2025. To explore further weight loss potential of CagriSema, Novo Nordisk plans to initiate a new phase 3 trial in 2025. In order to secure supply chain readiness, Novo Nordisk now expects to file for the first regulatory approval of CagriSema during the first quarter of 2026. </font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 21 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Novo Nordisk successfully completes phase 1b&#47;2a trial with subcutaneous amycretin in people with overweight or obesity</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In January 2025, Novo Nordisk announced headline results from a phase 1b&#47;2a trial investigating the safety, tolerability, pharmacokinetics, and proof of concept after once-weekly subcutaneous administrations of amycretin in 125 people with overweight or obesity. The primary endpoint was treatment emergent adverse events. The safety profile of amycretin was consistent with incretin-based therapies. The most common adverse events with amycretin were gastrointestinal and the vast majority were mild to moderate in severity. When evaluating the effects of treatment if all people adhered to treatment from a mean baseline body weight of 92.7 kg, people treated with amycretin achieved an estimated body weight loss of 9.7% on 1.25 mg (20 weeks), 16.2% on 5 mg (28 weeks) and 22.0% on 20 mg (36 weeks). Based on the results, Novo Nordisk is now planning further clinical development of amycretin in adults with overweight or obesity. For further information, please see the company announcement here&#58; https&#58;&#47;&#47;www.novonordisk.com&#47;news-and-media&#47;news-and-ir-materials&#47;news-details.html&#63;id&#61;915251#&#58;&#126;&#58;text&#61;Amycretin%20is%20a%20unimolecular%20long,for%20oral%20and%20subcutaneous%20administration (The contents of the company's website do not form a part of this Form 6-K).</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 1 trial with a tri-agonist (Triple) initiated</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk initiated a phase 1 trial with a once-weekly subcutaneous tri-agonist (Triple). The trial is investigating the safety, tolerability, pharmacokinetics and pharmacodynamics of different doses of Triple in people with overweight or obesity.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 1 trial with amylin 1213 initiated </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk initiated a phase 1 trial with once-weekly subcutaneous amylin 1213. The trial is investigating safety, tolerability, pharmacokinetics and pharmacodynamics of amylin 1213 in people with overweight or obesity.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:135%">Rare disease</font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:125%">Concizumab regulatory milestones within haemophilia</font><font style="color:#001965;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:125%"> </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, concizumab was approved in the US and EU for the treatment of haemophilia A and B with inhibitors. Concizumab was approved under the brand name Alhemo</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. In January 2025, concizumab was submitted in the EU for the treatment of haemophilia A and B without inhibitors. </font></div><div style="margin-bottom:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Cardiovascular &#38; Emerging Therapy Areas</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 2 trial initiated with a once-weekly subcutaneous dual GIP&#47;GLP-1 agonist in people with chronic kidney disease</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk initiated a phase 2 trial with a subcutaneous once-weekly dual GIP&#47;GLP-1 agonist in approximately 450 people with chronic kidney disease, with or without type 2 diabetes and with overweight or obesity. The trial is investigating safety and efficacy of different doses of GIP&#47;GLP-1.</font></div><div><font><br></font></div><div style="margin-bottom:3pt;text-align:justify"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Technology platforms </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Phase 1 trial with DCR-XDH using the GalXC-Plus&#8482; platform initiated </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In December 2024, Novo Nordisk initiated a phase 1 trial with DCR-XDH using the GalXC-Plus&#8482; platform. DCR-XDH is an siRNA, developed to treat gout with the goal of silencing xanthine dehydrogenase. The phase 1 trial, using the proprietary platform GalXC-Plus&#8482;, aims to address an intracellular target outside the liver and evaluate safety and tolerability in healthy volunteers with asymptomatic hyperuricemia. </font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_43"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 22 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">PURPOSE AND SUSTAINABILITY</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis',sans-serif;font-size:7.8pt;font-weight:400;line-height:150%;position:relative;top:-4.2pt;vertical-align:baseline">1</font></div><div id="i67a6281036a642a18df0567782d8634d_46"></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">ENVIRONMENT</font></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.095%"><tr><td style="width:1.0%"></td><td style="width:51.183%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.348%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.453%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ENVIRONMENTAL PERFORMANCE</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unit</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;2024 to<br>&#160;2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">781</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total CO</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">e emissions</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,000 tonnes CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,261</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,836</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#160;- Scope 1 CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e emissions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,000 tonnes CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">85</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">78</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#160;- Scope 2 CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e emissions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,000 tonnes CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#160;- Scope 3 CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e emissions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt;text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,000 tonnes CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">e</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,160</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,743</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="15" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">1. Scope 1&#58; Direct CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:112%;position:relative;top:0.84pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">e emissions from sources that are owned or controlled by the Novo Nordisk Group. </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">2. Scope 2&#58; Indirect emissions from purchased electricity, heat and steam. Market-based emissions are calculated based on CO</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:112%;position:relative;top:0.84pt;vertical-align:baseline">2</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">e emission factors from the previous year. </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">3. Scope 3&#58; Indirect emissions from Novo Nordisk full value chain.</font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Emissions</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk aims to reach zero CO</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:1.26pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e emissions from operations and transportation by 2030. Further, the aim is that goods and services from suppliers will be based on 100% sourced renewable power by 2030. In 2024, Novo Nordisk has reduced CO</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:1.26pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e emissions from operations and transportation (Scope 1, 2 and partial Scope 3) by 38% compared to 2019. The reduction is driven by decarbonisation initiatives, including increased usage of renewable energy and biofuel as well as reduced business flights. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Compared to 2023, Scope 1 CO</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:1.26pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e emissions increased by 9%, reflecting increased production volumes. This is partially countered by energy-saving initiatives.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Scope 2 CO</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:1.26pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e emissions increased by 7% compared to 2023, mainly reflecting the expansion of facilities, partially countered by an increase in the usage of renewable energy sources. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Scope 3 CO</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:1.26pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">e emissions increased by 24% compared to 2023 due to increased investments in capital expenditure for property, plant and equipment.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">SOCIAL</font></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:22.653%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.090%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.812%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.812%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:3.812%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.235%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">SOCIAL PERFORMANCE</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unit</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>&#160;2024 to<br>&#160;2023</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Patients</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total numbers of patients reached</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Estimate in millions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.2</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.6</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-7.09pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:3.25pt">Patients reached with Novo Nordisk's Diabetes care products </font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Estimate in millions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43.0</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40.5</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-7.09pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">&#8211;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:3.25pt">Patients reached with Novo Nordisk's Obesity care products </font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Estimate in millions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:150%">Children reached through the Changing Diabetes</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:150%"> in Children programme</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Number of children</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,743</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,249</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sustainable employer</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gender in leadership positions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Men&#58;women</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;53&#58;47</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54&#58;46</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gender in senior leadership positions</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">4</font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Men&#58;women</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58&#58;42</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59&#58;41</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="15" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">1. Calculated as a moving annual total. The estimated total number of full-year patients reached over a 12-month period.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:150%">2. Total cumulative number of children. The number of children reached with Diabetes care treatment through the Changing Diabetes</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:150%;position:relative;top:-2.44pt;vertical-align:baseline">&#174;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline"> </font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:150%">in Children programme since the initiation of the partnership in 2009.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:150%">3. Defined as team leaders, managers, directors, vice presidents, corporate vice presidents, senior vice presidents and executive management.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%">4. Defined as vice presidents, corporate vice presidents, senior vice presidents and executive management.</font></div><div><font><br></font></div><div><font><br></font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt"><font><br></font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#001965;font-family:'Frutiger LT 45 Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:112%;position:relative;top:-3.5pt;vertical-align:baseline">1</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%"> The impact of the Catalent acquisition has been deemed immaterial and is not included in our Sustainability statement.</font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 23 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Patients</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%">The number of people reached with Novo Nordisk products, across Diabetes and Obesity care, was 45.2 million at the end of 2024. This represents a net increase of 3.6 million patients compared to the end of 2023. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The Changing Diabetes</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> in Children programme aims to reach 100,000 children by 2030. By the end of 2024, more than 64,743 children were reached with Diabetes care treatment, an increase of 24% compared to the end 2023. </font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Sustainable employer</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%">Novo Nordisk aspires to be a sustainable employer. In 2021, two aspirational gender diversity targets were launched&#59; a</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%">chieve a balanced gender representation across all managerial levels and achieve a minimum of 45% women and a minimum of 45% men in senior leadership positions by the end of 2025. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:140%">At the end of 2024, 47% of all leaders were women and 42% of leaders in senior leadership positions were women, compared to 46% and 41%, respectively, at the end of 2023. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The number of full-time employees at the end of 2024 increased by 20% compared to 12 months ago. The total number of full-time employees was 76,302</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The increase is mainly driven by Product Supply. </font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">International crises, geopolitical tensions and natural disasters</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk is committed to supporting the wellbeing of our employees and ensuring uninterrupted access to essential medicines during humanitarian crises. Our priorities include safeguarding our workforce and collaborating with humanitarian organisations to provide critical medications to affected regions. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In recent crises, including the Israel-Hamas conflict and Russia's invasion of Ukraine, we have maintained essential supplies to ensure patients can continue their treatments, underscoring our dedication to supporting communities in need.</font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Corporate Governance</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Long-term incentive programme 2025</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:150%"><br></font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The Board of Directors has established a long-term incentive programme for 2025 covering Executive Management and, in</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">line with previous years, a number of mid to senior managers (in total approximately 3,600 employees) with a three-year</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">performance period (2025-2027). The measures are linked to the Strategic Aspirations 2025. Within Purpose &#38;</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sustainability measures are mainly linked to social and environmental activities and within Innovation &#38; Therapeutic Focus,</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">the measures include key R&#38;D activities. For Commercial Execution, the measure is sales growth and for Financials, the</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">measure is operating profit growth. Around 1.6 million Novo Nordisk B shares may be allocated at target (at maximum</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">target achievement, the number of shares is around 4.2 million), and the value at launch of the programme will be based</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">on the average share price for Novo Nordisk B shares on Nasdaq Copenhagen in the 15 days trading window (5 February</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">to 19 February 2025) following the release of the Annual Report for 2024. It is currently estimated that the value at target is</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">approximately DKK 1 billion.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Remuneration Report 2024</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk has prepared a separate Remuneration Report describing the remuneration awarded or due during 2024 to</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">the Board members and Executives as registered with the Danish Business Authority. The Remuneration Report will be</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">submitted to the Annual General Meeting for an advisory vote. The Remuneration Report is available at novonordisk.com.</font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">This</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> figure includes the new employees related to the Catalent acquisition.</font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_52"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 24 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:11pt"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">LEGAL MATTERS</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Update on ANDAs with the FDA relating to semaglutide</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk has received notifications from several manufacturers that they have filed ANDAs with the FDA for generic versions of Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> and Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, respectively. Novo Nordisk has filed complaints for patent infringement against these manufacturers. Novo Nordisk has now reached settlement agreements with all of these manufacturers concerning Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:5.85pt;font-weight:400;line-height:150%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">. The terms of the agreements are confidential. These agreements are reviewed by the U.S. Federal Trade Commission and the U.S. Department of Justice. Novo Nordisk does not expect these matters to have a material impact on Novo Nordisk&#8217;s financial position, operating profit or cash flow.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:150%">Securities class-action lawsuit filed against Novo Nordisk A&#47;S</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">On 24 January 2025, a class-action lawsuit was filed against Novo Nordisk A&#47;S, Chief Executive Officer Lars Fruergaard J&#248;rgensen and Executive Vice President, Development Martin Holst Lange in the United States District Court for the District of New Jersey by a proposed class of purchasers of Novo Nordisk American Depository Receipts (ADRs) between 2 November 2022 and 19 December 2024. The lawsuit relates to REDEFINE 1 and alleges that the company failed to disclose or otherwise misled investors as to the nature of the dosages provided to patients in the study and that the company misleadingly exhibited confidence in its expected 25% average weight loss outcome.  Novo Nordisk does not expect the litigation to have a material impact on Novo Nordisk&#8217;s financial position, operating profit or cash flow.</font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_55"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 25 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">STATEMENT BY THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The Board of Dir</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">ectors and Executive Management have today considered and approved the Annual Report 2024 of Novo Nordisk A&#47;S for the financial year 1 January 2024 - 31 December 2024, including the audited consolidated financial statements and reviewed Sustainability statement. The Board of Directors and Executive Management have also today approved this financial report containing condensed financial information and condensed sustainability information for 2024. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The condensed financial information in this financial report has been prepared in accordance with the recognition and measurement requirements in the IFRS Accounting Standards</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> as adopted by the EU</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">, the accounting policies as applied in the audited consolidated financial statements of 2024 and additional disclosure requirements for listed companies. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">The condensed sustainability information in this financial report has been prepared in accordance with the ESRS and</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> the accounting policies as applied in the reviewed Sustainability statement.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">In our opinion, the accounting policies used are appropriate, and the overall presentation of this financial report is </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">adequate. Furthermore, in our opinion, this financial report includes a true and fair view of the financial position at 31 December 2024 as well as of the results of the operations, the cash flows and the sustainability performance for the financial year 1 January - 31 December 2024.</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%"> Bagsv</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">&#230;rd, 5 February 2025</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.839%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Executive Management&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Lars Fruergaard J&#248;rgensen</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">President and CEO</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Karsten Munk Knudsen</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">CFO</font></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Board of Directors&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Helge Lund</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Chair</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Henrik Poulsen</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Vice chair</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Elisabeth Dahl Christensen</font></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Laurence Debroux</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Andreas Fibig</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Sylvie Gr&#233;goire</font></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Liselotte Hyveled</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Mette B&#248;jer Jensen</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Kasim Kutay</font></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Christina Law</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Martin Mackay</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Thomas Rantzau</font></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_58"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 26 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">About Novo Nordisk</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs abou</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">t 76,300 </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, X, LinkedIn and YouTube. </font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:20.938%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:75.511%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.151%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Financial Calendar</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">27 March 2025</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Annual General meeting</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">7 May 2025</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial results for the first three months of 2025</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">6 August 2025</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial results for the first six months of 2025</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">5 November 2025</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial results for the first nine months of 2025</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.738%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Contacts for further information</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Media&#58;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Ambre James-Brown</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+45 3079 9289</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">abmo&#64;novonordisk.com</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Liz Skrbkova (US)</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">+1 609 917 0632</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">lzsk&#64;novonordisk.com</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#160;&#160;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Investors&#58;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Jacob Martin Wiborg Rode</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+45 3075 5956</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">jrde&#64;novonordisk.com</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Sina Meyer</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+45 3079 6656</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">azey&#64;novonordisk.com</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Ida Schaap Melvold</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+45 3077 5649</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">idmg&#64;novonordisk.com</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Frederik Taylor Pitter (US)</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+1 609 613 0568</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">fptr&#64;novonordisk.com</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Max Ung</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">+45 3077 6414</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">mxun&#64;novonordisk.com</font></div></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.588%"><tr><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:1pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Forward-looking statements</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:115%">Novo Nordisk&#8217;s statutory Annual Report 2024, Form 20-F, any quarterly financial reports, and written information released, shown, or oral statements made, to the public in the future by or on behalf of Novo Nordisk, may contain certain forward-looking statements relating to the operating, financial and sustainability performance and results of Novo Nordisk and&#47;or the industry in which it operates. Forward-looking statements can be identified by the fact that they do not relate to historical or current facts and include guidance. Words such as &#8216;believe&#8217;, &#8216;expect&#8217;, &#8216;may&#8217;, &#8216;will&#8217;, &#8216;plan&#8217;, &#8216;strategy&#8217;, &#8216;transition plan&#8217;, &#8216;prospect&#8217;, &#8216;foresee&#8217;, &#8216;estimate&#8217;, &#8216;project&#8217;, &#8216;anticipate&#8217;, &#8216;can&#8217;, &#8216;intend&#8217;, &#8216;target&#8217; and other words and terms of similar meaning in connection with any discussion of future operating, financial or sustainability performance identify forward-looking statements. Examples of such forward-looking statements include, but are not limited to&#58; </font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Statements of targets, future guidance, (transition) plans, objectives or goals for future operations, including those related to operating, financial and sustainability matters, Novo Nordisk&#8217;s products, product research, product development, product introductions and product approvals as well as cooperation in relation thereto&#59;</font></div><div><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:15.75pt">Statements containing projections of or targets for revenues, costs, income (or loss), earnings per share, capital expenditures, dividends, capital structure, net financials and other financial measures&#59;  </font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:15.75pt">Statements regarding future economic performance, future actions and outcome of contingencies such as legal proceedings&#59; and  </font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:15.75pt">Statements regarding the assumptions underlying or relating to such statements. </font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:15.75pt">These statements are based on current plans, estimates, opinions, views and projections. Although Novo Nordisk believes that the expectation reflected in such forward-looking statements are reasonable, there can be no assurance that such expectation will prove to be correct. By their very nature, forward-looking statements involve risks, uncertainties and assumptions, both general and specific, and actual results may  differ materially from those contemplated, expressed or implied by any forward-looking statement. </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Factors that may affect future results include, but are not limited to, global as well as local political, economic and environmental conditions, such as interest rate and currency exchange rate fluctuations or climate change, delay or failure of projects related to research and&#47;or development, unplanned loss of patents, interruptions of supplies and production, including as a result of interruptions or delays affecting supply chains on which Novo Nordisk relies, shortages of supplies, including energy supplies, product recalls, unexpected contract breaches or terminations, government- mandated or market-driven price decreases for Novo Nordisk&#8217;s products, introduction of competing products, reliance on information technology including the risk of cybersecurity breaches, Novo Nordisk&#8217;s ability to successfully market current and new products, exposure to product liability and legal proceedings and investigations, changes in governmental laws and related interpretation thereof, including on reimbursement, intellectual property protection and regulatory controls on testing, approval, manufacturing and marketing, and taxation changes, including changes in tariffs and duties, perceived or actual failure to adhere to ethical marketing practices, investments in and divestitures of domestic and foreign companies, unexpected growth in costs and expenses, strikes and other labour market disputes, failure to recruit and retain the right employees, failure to maintain a culture of compliance, epidemics, pandemics or other public health crises, the effects of domestic or international crises, civil unrest, war or other conflict and factors related to the foregoing matters and other factors not specifically identified herein.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">For an overview of some, but not all, of the risks that could adversely affect Novo Nordisk&#8217;s results or the accuracy of forward-looking statements in the Annual Report 2024, reference is made to the overview of risk factors in &#8216;Risks&#8217; of the Annual Report 2024.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">None of Novo Nordisk or its subsidiaries or any such person's officers, or employees accept any responsibility for the future accuracy of the opinions expressed in the Annual Report 2024, Form 20-F, any quarterly financial reports, and written information released, shown, or oral statements made, to the public in the future by or on behalf of Novo Nordisk or the actual occurrence of the forecasted developments.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Unless required by law, Novo Nordisk has no duty and undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.</font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_61"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 27 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 1&#58; QUARTERLY NUMBERS IN DKK</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:27.085%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.696%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.849%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.549%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="36" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(Amounts in DKK million, except number of full-time equivalent employees, earnings per share and number of shares outstanding).</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q4 2024 vs.</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q4</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q3</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q2</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q1</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q4</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q3</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q2</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q1</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Q4 2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">85,683</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">71,311</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">68,060</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65,349</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65,863</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">58,731</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">54,300</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">53,367</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">72,659</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">60,003</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">57,786</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55,433</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55,849</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">49,018</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">46,444</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45,185</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Gross margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.8%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">83.5%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">85.5%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">84.7%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Sales and distribution costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(18,701)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(15,210)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(14,934)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(13,256)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(17,170)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(12,819)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(14,342)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(12,412)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21.3%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">20.3%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">26.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">26.4%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">23.3%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Research and development costs</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(13,802)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(9,488)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(16,166)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(8,606)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(10,460)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(8,128)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7,127)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6,728)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">16.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13.3%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">23.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13.2%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12.6%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Administrative costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,580)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,382)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,157)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,157)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,456)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,256)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,072)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,071)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Percentage of sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1.7%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1.8%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2.2%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2.0%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2.0%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other operating income and expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,839)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(101)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">405</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(568)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">98</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(15)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Operating profit (EBIT)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36,737</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33,822</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25,934</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31,846</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,766</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,913</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23,888</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25,007</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">37&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Operating margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">42.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">47.4%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">38.1%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">48.7%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">40.6%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">45.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">44.0%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">46.9%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Financial income</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,913</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(821)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">960</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,146</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(944)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,318</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(281)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">852</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Financial expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5,093)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,383</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,562)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2,074)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,798</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2,168)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">647</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,122)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Financial items (net)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,180)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">562</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(602)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">72</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">854</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,150</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">366</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(270)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(238&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%)</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Profit before income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35,557</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,384</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25,332</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31,918</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,620</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28,063</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,254</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,737</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7,327)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7,083)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5,282)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6,511)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5,657)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5,585)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(4,826)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(4,923)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28,230</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,301</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20,050</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25,407</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21,963</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22,478</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,428</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,814</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Depreciation, amortisation and impairment losses</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,198</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,150</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,845</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,914</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,992</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,525</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,177</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,719</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">74&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital expenditure (PP&#38;E)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,101</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,119</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,470</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,474</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,407</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,828</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,878</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,693</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">71&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Net cash flows from operating activities</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,301</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">43,850</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">50,503</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14,314</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,551</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40,966</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28,577</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,814</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">EBITDA</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">41,935</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35,972</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,779</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,760</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,758</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,438</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,065</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,726</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">41&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Free cash flow</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(86,467)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,451</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36,289</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,020</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7,250)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,039</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20,773</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,764</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">N&#47;A</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total assets</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">465,795</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">397,441</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">369,383</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">298,921</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">314,486</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">300,101</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">280,753</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">250,025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total equity</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">143,486</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">120,522</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">112,522</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">98,911</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">106,561</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">92,991</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">90,473</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">79,874</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Equity ratio</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">30.8%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">30.3%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">30.5%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">33.1%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">33.9%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">31.0%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">32.2%</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">31.9%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Full-time equivalent employees end of period</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">76,302</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">71,880</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">69,260</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">66,015</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">63,370</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">61,412</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">59,337</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">57,089</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Basic earnings per share&#47;ADR (in DKK)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6.34</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6.13</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.50</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5.70</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.92</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5.02</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.33</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.40</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Diluted earnings per share&#47;ADR (in DKK)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6.34</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6.12</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.49</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5.68</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.91</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5.00</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.32</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4.39</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Average number of shares outstanding (million)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,446.2</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,452.3</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,457.7</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,459.6</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,464.7</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,476.9</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,490.4</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,499.2</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Average number of diluted shares outstanding (million)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,455.5</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,460.5</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,465.4</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,470.5</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,477.4</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,489.0</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,502.6</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,513.2</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Sales by business segment&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Total GLP-1</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42,173</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,935</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">37,035</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,982</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">37,761</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,635</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,925</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,811</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Long-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,158</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,035</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,737</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,165</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,726</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,692</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,354</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,133</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">38&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Premix insulin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,867</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,518</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,436</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,968</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,123</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,219</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,456</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,776</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Fast-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,017</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,150</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,868</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,487</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,142</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,808</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,511</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,488</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Human insulin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,845</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,806</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,571</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,745</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,989</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,626</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,967</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,012</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Total insulin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,887</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,509</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,612</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14,365</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,980</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,345</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,288</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13,409</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Other Diabetes care</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">512</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">492</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">533</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">583</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">322</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">594</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">667</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">729</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">59&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Total Diabetes care</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">58,572</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">47,936</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">50,180</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">49,930</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">50,063</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42,574</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">39,880</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40,949</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,866</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17,304</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,659</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,377</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,614</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,648</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,518</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,563</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">107&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,540</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,497</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,245</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,658</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,615</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,607</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,788</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,279</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Total Obesity care </font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21,406</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18,801</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13,904</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,035</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,229</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,255</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,306</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,842</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">91&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Diabetes and Obesity care total</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">79,978</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">66,737</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">64,084</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">60,965</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">61,292</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">54,829</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">50,186</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48,791</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare blood disorders</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,398</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,988</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,864</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,888</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,934</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,957</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,836</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,049</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare endocrine disorders</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,923</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,227</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">730</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,113</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,264</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">542</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">902</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,128</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">52&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Other Rare disease</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">384</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">359</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">382</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">383</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">373</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">403</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">376</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">399</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare disease total</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,705</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,574</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,976</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,384</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,571</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,902</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,114</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,576</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Sales by geographic segment&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;North America Operations</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55,364</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42,598</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40,930</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">39,280</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42,621</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35,048</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,663</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,297</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;- The US</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">52,372</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">39,844</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">38,404</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36,782</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40,067</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32,936</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,209</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,322</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;International Operations</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,319</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28,713</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,130</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,069</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23,242</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23,683</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,637</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,070</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;- EMEA</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,759</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14,736</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14,581</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14,326</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,706</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,563</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,856</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,742</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;- Region China</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,324</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,708</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,963</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,506</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,418</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,341</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,467</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,461</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;- Rest of World</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,236</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,269</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,586</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,237</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,118</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,779</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,314</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,867</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Segment operating profit&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Diabetes and Obesity care</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36,044</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33,473</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,984</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31,218</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,032</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26,721</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22,707</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,163</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">38&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare disease</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">693</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">349</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1,050)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">628</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">734</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">192</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,181</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">844</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%)</font></td></tr><tr style="height:5pt"><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:112%;position:relative;top:-2.1pt;vertical-align:baseline">1)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%"> Research and development expenses include an impairment loss of DKK 5.7 billion in the second quarter of 2024 related to ocedurenone. The impairment loss is recognised in the segment Diabetes and Obesity. </font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_64"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 28 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 2&#58; INCOME STATEMENT AND STATEMENT OF COMPREHENSIVE INCOME</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:68.615%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.292%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.292%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.552%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Income statement</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">290,403</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">232,261</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cost of goods sold</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(44,522)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(35,765)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">245,881</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">196,496</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Sales and distribution costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(62,101)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(56,743)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Research and development costs</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:4.87pt;font-weight:400;line-height:120%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(48,062)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(32,443)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Administrative costs</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5,276)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(4,855)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other operating income and expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(2,103)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">119</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Operating profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">128,339</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">102,574</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">102574000000</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Financial income</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">6,198</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,945</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Financial expenses</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(7,346)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(845)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Profit before income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">127,191</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">104,674</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(26,203)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(20,991)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 13pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">NET PROFIT</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,988</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,683</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83683000000</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Basic earnings per share (DKK)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">22.67</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">18.67</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Diluted earnings per share (DKK)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">22.63</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">18.62</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Segment Information</font></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Segment sales&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Diabetes and Obesity care</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">271,764</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">215,098</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare disease</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">18,639</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">17,163</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Segment operating profit&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Diabetes and Obesity care</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">127,719</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">99,623</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Operating margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">47.0%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">46.3%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;Rare disease</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">620</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,951</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Operating margin</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">3.3%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">17.2%</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total segment operating profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">128,339</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">102,574</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 13pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">Statement of comprehensive income</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net profit</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,988</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,683</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other comprehensive income</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Remeasurements of defined benefit obligations</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(119)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">13</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Items that will not be reclassified subsequently to the income statement</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(119)</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">13</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Exchange rate adjustments of investments in subsidiaries </font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">3,096</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,404)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cash flow hedges&#58;</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Realisation of previously deferred (gains)&#47;losses </font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,612)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,026)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Deferred gains&#47;(losses) related to acquisition of businesses </font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,154</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Deferred gains&#47;(losses) on hedges open at year-end</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5,763)</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,612</font></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Tax and other items</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,343</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(355)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Items that will be reclassified subsequently to the income statement</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,782)</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,173)</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;Other comprehensive income</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,901)</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,160)</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL COMPREHENSIVE INCOME</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">99,087</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">82,523</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:112%;position:relative;top:-2.1pt;vertical-align:baseline">1)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:112%"> Research and development expenses include an impairment loss of DKK 5.7 billion in the second quarter of 2024 related to ocedurenone. The impairment loss is recognised in the segment Diabetes and Obesity. </font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_67"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 29 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 3&#58; CASH FLOW STATEMENT</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:69.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.292%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.295%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net profit </font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,988&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,683&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Adjustment for non-cash items&#58;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Income taxes in the income statement</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">26,203&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">20,991&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Depreciation, amortisation and impairment losses</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">19,107&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">9,413&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Other non-cash items</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">15,029&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">33,517&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Change in working capital</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(11,995)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(13,380)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Interest received</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,884&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,072&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Interest paid</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(612)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(491)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Income taxes paid</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(29,636)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(25,897)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net cash flows from operating activities</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">120,968&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">108,908&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Frutiger LT 45 Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of intangible assets</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(4,145)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(13,090)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of property, plant and equipment</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(47,164)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(25,806)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cash used for acquisition of businesses</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(82,163)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Proceeds from other financial assets</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">33&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of other financial assets </font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(786)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(271)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of marketable securities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(19,028)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(13,018)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Sale of marketable securities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">24,391&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">8,260&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net cash flows from investing activities</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(128,895)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(43,892)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(20,181)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(29,924)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Dividends paid</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(44,140)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(31,767)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Proceeds from borrowings</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">79,391&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Repayment of borrowings</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(6,335)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,467)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net cash flows from financing activities</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">8,735&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(63,158)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net cash generated from activities</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">808&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,858&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cash and cash equivalents at the beginning of the year</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">14,392&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">12,653&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Exchange gain&#47;(loss) on cash and cash equivalents</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">455&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(119)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cash and cash equivalents at the end of the year</font></div></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">15,655&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">14,392&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td></tr></table></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_70"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 30 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 4&#58; BALANCE SHEET</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:69.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.292%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.295%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">31 Dec 2024</font></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">31 Dec 2023</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">ASSETS</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Intangible assets</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">111,090&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">60,406&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Property, plant and equipment</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">162,488&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">90,961&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Investments in associated companies</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">400&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">410&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Deferred income tax assets</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">24,627&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">20,380&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other receivables and prepayments</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">4,016&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,430&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other financial assets</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,277&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,253&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL NON-CURRENT ASSETS</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">304,898&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">174,840&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Inventories</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">40,849&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">31,811&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Trade receivables</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">71,949&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">64,770&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Tax receivables</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,853&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,423&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other receivables and prepayments</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">12,612&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">8,068&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Marketable securities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">10,653&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">15,838&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Derivative financial instruments</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">6,326&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,344&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Cash at bank</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">15,655&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">14,392&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL CURRENT ASSETS</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">160,897&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">139,646&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL ASSETS</font></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">465,795&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">314,486&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:24pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 13.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:150%">EQUITY AND LIABILITIES</font></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13.75pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Share capital</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">446&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">451&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Treasury shares</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(2)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Retained earnings</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">144,448&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">104,839&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other reserves</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,406)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,276&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL EQUITY</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">143,486&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">106,561&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Borrowings</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">89,674&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">20,528&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Deferred income tax liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">5,426&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">10,162&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Retirement benefit obligations</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">903&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">742&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">23&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">189&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Provisions</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">8,755&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">6,649&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total non-current liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">104,781&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">38,270&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt 0 13.75pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt 0 13.75pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Borrowings</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">13,113&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">6,478&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Trade payables</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">28,846&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">25,606&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Tax payables</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">9,716&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">7,116&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">37,993&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">28,705&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Derivative financial instruments</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">7,531&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,272&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Provisions </font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">120,329&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,478&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total current liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">217,528&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">169,655&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL LIABILITIES</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">322,309&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">207,925&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">TOTAL EQUITY AND LIABILITIES</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">465,795&#160;</font></td><td style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">314,486&#160;</font></td><td style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_73"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 31 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 5&#58; EQUITY STATEMENT</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:48.075%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.800%"></td><td style="width:0.1%"></td></tr><tr style="height:24pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Share<br>capital</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Treasury<br>shares</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Retained<br>earnings</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Balance at the beginning of the year</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">451&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">104,839&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,276&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">106,561&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net profit</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,988&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,988&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other comprehensive income</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(119)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,782)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,901)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total comprehensive income</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">100,869&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,782)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">99,087&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Transfer of cash flow hedge reserve to intangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(900)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(900)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">Transactions with owners&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Dividends</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(44,140)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(44,140)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Share-based payments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,289&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,289&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(20,179)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(20,181)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Reduction of the B share capital</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Tax related to transactions with owners</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">770&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">770&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Balance at the end of the year</font></div></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">446&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(2)</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">144,448&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,406)</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">143,486&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At the end of the year propo</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">sed final dividends (not yet declared) of DKK 35,100 million (DKK 7.90 per share of DKK 0.10) are</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> included in Retained earnings. No dividend is declared on treasury shares.</font></div></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Share<br>capital</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Treasury<br>shares</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Retained<br>earnings</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other reserves</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Balance at the beginning of the year</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">456&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">80,587&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,449&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,486&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,683&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,683&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Other comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,173)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,160)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Total comprehensive income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">83,696&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(1,173)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">82,523&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-style:italic;font-weight:400;line-height:120%">Transactions with owners&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Dividends</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(31,767)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(31,767)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Share-based payments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,149&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">2,149&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Purchase of treasury shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(29,920)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(29,924)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Reduction of the B share capital</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Tax related to transactions with owners</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">94&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">94&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Balance at the end of the year</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">451&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">(5)</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">104,839&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">1,276&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="2" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">106,561&#160;</font></td><td style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At the end of the year, proposed final dividends of DKK 28,557 million (DKK 6.40 per share of DKK 0.10) are included in Retained earnings. </font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">No dividend is declared on treasury shares.</font></div></td></tr></table></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_79"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 32 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 6&#58; SALES SPLIT PER AREA</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:0.1%"></td><td style="width:0.999%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.749%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.844%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.400%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Q4 2024 sales split per area</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="9" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="9" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">North America<br>Operations</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">The US</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">International<br>&#160;Operations</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">EMEA</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Region<br>China</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rest of<br>World</font></td></tr><tr style="height:3pt"><td colspan="9" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Diabetes and Obesity care segment</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Injectable GLP-1</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35,256</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,154</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25,261</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,102</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,980</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,179</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,943</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(13%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">33,853</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">26,601</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">24,735</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7,252</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,653</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,015</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,584</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(16%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,403</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">553</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">526</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">850</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">327</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">164</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">359</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(22%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(42%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(40%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(1%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(30%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,917</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,192</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,116</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,725</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,025</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">360</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,340</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(17%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(16%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">82%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">69%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65%</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total GLP-1</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42,173</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,346</font></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28,377</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,827</font></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,005</font></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,539</font></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,283</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Long-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,158</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,813</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,643</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,345</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,952</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">767</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">626</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">40%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">92%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">111%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">102%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(3%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Awiqli</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">10</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Tresiba</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,735</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,107</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">952</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,628</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">976</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">253</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">399</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">45%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">160%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">241%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(3%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Xultophy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,274</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">77</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">76</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,197</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">584</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">444</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">169</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">64%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">68%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">24%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">386%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">17%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Levemir</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,139</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">627</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">615</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">512</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">390</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">64</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">58</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">39%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">42%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(11%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(4%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(21%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(36%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Premix insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,867</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">281</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">278</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,586</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">673</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,130</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">783</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Ryzodeg</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,346</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,346</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">162</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">764</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">420</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">48%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">48%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">22%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">68%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">29%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoMix</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,521</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">281</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">278</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,240</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">511</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">366</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">363</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">23%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(4%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(29%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">25%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fast-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,017</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,305</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,261</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,712</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,821</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">303</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">588</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">108%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">113%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(9%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Fiasp</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">343</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(92)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(104)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">435</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">353</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">82</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(45%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(141%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(149%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">8%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">40%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoRapid</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">5,674</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3,397</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3,365</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,277</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,468</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">303</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">506</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">62%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">149%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">155%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(9%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">10%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Human insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,845</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">525</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">515</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,320</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">417</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">170</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">733</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">73%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">77%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(41%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,887</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,924</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,697</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,963</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,863</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,370</font></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,730</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">112%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">123%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other Diabetes care</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">512</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">62</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">51</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">450</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">169</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">174</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">107</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(13%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(48%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(51%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(4%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(9%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total Diabetes care</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">58,572</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36,332</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34,125</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22,240</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,037</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,083</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,120</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,866</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,623</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,143</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,243</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,624</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,589</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">107%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">81%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">75%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">329%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">159%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,540</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">411</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">298</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,129</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">576</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">529</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(3%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">106%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(10%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(18%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">41%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1%)</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total Obesity care </font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21,406</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,034</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,441</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,372</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,200</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">54</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,118</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">91%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">79%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">75%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">139%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">86%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">224%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">295%</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Diabetes and Obesity care total</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">79,978</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">52,366</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">49,566</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27,612</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,237</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,137</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,238</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35%</font></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rare disease segment</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare blood disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,398</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,516</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,446</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,882</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,072</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">151</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">659</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">44%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Haemophilia A</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">670</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">129</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">126</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">541</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">328</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">79</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">134</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">29%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">130%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">128%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(18%)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Haemophilia B</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">378</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">196</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">151</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">182</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">126</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">53</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">24%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">9%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(25%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoSeven</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,226</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,121</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,103</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,105</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">597</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">69</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">439</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(10%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(10%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">50%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">27%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">119%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">86%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare endocrine disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,923</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,334</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,323</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">589</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">275</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">280</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">53%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">49%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">44%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">58%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other Rare disease</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">4</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">384</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">148</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">37</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">236</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">175</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">59</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">102%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(12%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(17%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">100%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5%</font></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #929292;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare disease total</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,705</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,998</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,806</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,707</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,522</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">187</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">998</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">35%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45%</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td></tr><tr><td colspan="9" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total sales</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">85,683</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55,364</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">52,372</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,319</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,759</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,324</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,236</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">36%</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change as reported</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Share of growth</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">100%</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">63%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">60%</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">37%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> 1)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily NovoNorm</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, needles and GlucaGen</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> HypoKit</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> 2)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Comprises NovoSeven</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, NovoEight</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, Esperoct</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">,</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Refixia</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, NovoThirteen</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and Alhemo</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> 3)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Norditropin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;  </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and Sogroya</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">4)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Vagifem</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> and Activelle</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_82"></div><hr style="page-break-after:always"><div style="min-height:58.5pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.997%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 33 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div style="text-indent:36pt"><font style="color:#ff198d;font-family:'Frutiger LT 45 Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.896%"><tr><td style="width:0.1%"></td><td style="width:0.999%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.749%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:22.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.994%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.400%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">2024 sales split per area</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="9" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="border-bottom:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">North America<br>Operations</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">The US</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">International<br>Operations</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">EMEA</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Region<br>China</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rest of<br>World</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="9" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Diabetes and Obesity care segment</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Injectable GLP-1</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">125,824</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">93,083</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">85,900</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32,741</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17,423</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,737</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,581</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Ozempic</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">120,342</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">91,287</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">84,201</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29,055</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,001</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,762</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,292</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">34%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Victoza</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,482</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,796</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,699</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,686</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,422</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">975</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,289</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(36%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(53%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(54%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(23%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(34%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(21%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rybelsus</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23,301</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,070</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,795</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,231</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,136</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">511</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,584</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(3)%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2)%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">69%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">69%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">294%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">60%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #929292;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total GLP-1</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">149,125</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">104,153</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">96,695</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">44,972</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24,559</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,248</font></td><td colspan="3" style="border-top:0.25pt solid #929292;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13,165</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">22%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">24%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Long-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,095</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,211</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,538</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,884</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,686</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,696</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,502</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">74%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">89%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">66%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Awiqli</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">19</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">9</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Tresiba</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">9,905</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3,411</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,806</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6,494</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3,876</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">978</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,640</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">29%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">81%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">110%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Xultophy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,503</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">286</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">281</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,217</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,185</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,414</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">618</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">42%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(14%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(14%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">49%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">251%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Levemir</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,668</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,510</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,451</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,158</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,616</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">298</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">244</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">86%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">92%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(16%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(11%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(23%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(32%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Premix insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,789</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">646</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">632</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,143</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,637</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,784</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,722</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">178%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">192%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Ryzodeg</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,929</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,929</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">701</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,782</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,446</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">35%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">35%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">23%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">44%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoMix</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">5,860</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">646</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">632</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">5,214</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,936</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,002</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,276</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">178%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">192%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(7%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(3%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(18%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">10%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fast-acting insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18,522</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,959</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,773</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,563</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,934</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,474</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,155</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">44%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(3%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(1%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Fiasp</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,869</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">260</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">213</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,609</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,289</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">320</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(14%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(61%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(66%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">33%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoRapid</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">16,653</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7,699</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7,560</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">8,954</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">5,645</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,474</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,835</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">21%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">58%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">63%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(3%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(5%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Human insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,967</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,579</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,535</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,388</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,762</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">806</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,820</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(9%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(33%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total insulin</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55,373</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,395</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">15,478</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">38,978</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19,019</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,760</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,199</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">52%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">57%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other Diabetes care</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,120</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">264</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">213</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,856</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">688</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">782</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">386</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(7%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(19%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(20%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(11%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(8%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total Diabetes care</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">206,618</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">120,812</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">112,386</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">85,806</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">44,266</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17,790</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23,750</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">28%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Wegovy</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">58,206</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">46,781</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45,770</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11,425</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7,513</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">196</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,716</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">86%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">59%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">55%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">291%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&#8212;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Saxenda</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,940</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,377</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">777</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,563</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,920</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">102</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,541</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(32%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(64%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(76%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(12%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(22%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(29%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total Obesity care</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65,146</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48,158</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">46,547</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16,988</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">10,433</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">298</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,257</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">57%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">45%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">42%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">107%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">83%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">108%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">162%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Diabetes and Obesity care total</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">271,764</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">168,970</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">158,933</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">102,794</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">54,699</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18,088</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30,007</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">27%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">32%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">21%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">14%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rare disease segment</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare blood disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">12,138</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,696</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,387</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6,442</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,924</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">363</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,155</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Haemophilia A</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,454</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">548</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">537</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,906</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,231</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">236</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">439</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(1%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(3%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">6%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">Haemophilia B</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,306</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">657</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">486</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">649</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">436</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">17</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">196</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">24%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">38%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">44%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">12%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">15%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">38%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">NovoSeven</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7,983</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,248</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">4,135</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">3,735</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2,168</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">110</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">1,457</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(1%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(5%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">(19%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-style:italic;font-weight:400;line-height:120%">7%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare endocrine disorders</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4,993</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,961</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,922</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2,032</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,038</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">41</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">953</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">65%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">66%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">48%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(81%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(11%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other Rare disease</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">4</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1,508</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">545</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">160</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">963</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">741</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">213</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(21%)</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(4%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">80%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Rare disease total</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18,639</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,202</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">8,469</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9,437</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">5,703</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">413</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3,321</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">9%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">4%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(30%)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">0%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:0 7pt 0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="background-color:#e2f0fa;padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="padding:0 7pt 0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total sales</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">290,403</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">178,172</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">167,402</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">112,231</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">60,402</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">18,501</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">33,328</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">26%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">13%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">23%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">% change as reported</font></td><td colspan="3" style="background-color:#e2f0fa;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">25%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31%</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">17%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">19%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="6" style="border-bottom:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Share of growth</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;border-left:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">100%</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">70%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">67%</font></td><td colspan="3" style="background-color:#e2f0fa;border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">16%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3%</font></td><td colspan="3" style="border-bottom:0.25pt solid #939aa7;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6pt;font-weight:400;line-height:120%">11%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> 1)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily NovoNorm</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, needles and GlucaGen</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> HypoKit</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline"> 2)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Comprises NovoSeven</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, NovoEight</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, Esperoct</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, Refixia</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">, NovoThirteen</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174; </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and Alhemo</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">3)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Norditropin</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> and Sogroya</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">4)</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> Primarily Vagifem</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> and Activelle</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">&#174;</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">.</font></div><div style="height:69.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and 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2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_88"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 34 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">APPENDIX 7&#58; NON-IFRS FINANCIAL MEASURES (ADDITIONAL INFORMATION)</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">In this Company Announcement, Novo Nordisk discloses certain financial measures of the Group&#8217;s financial performance, financial position and cash flows that reflect adjustments to the directly comparable measures calculated and presented in accordance with IFRS. These non-IFRS financial measures may not be defined and calculated by other companies in the same manner and may thus not be comparable with such measures. The non-IFRS financial measures presented in the Company Announcement are Net sales and operating profit at CER, EBITDA, EBITDA at CER and Free cash flow.</font></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:130%">Net sales and operating profit growth at CER</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">'Growth at CER&#8217; means that the effect of changes in exchange rates is excluded. It is defined as Net sales&#47;Operating profit for the period measured at the average exchange rates for the same period prior year compared with Net sales&#47;Operating profit for the same period prior year. Price adjustments within hyperinflation countries, as defined in IAS 29 &#8216;Financial reporting in hyperinflation economies&#8217;, are excluded from the calculation to avoid growth at CER being artificially inflated.</font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Growth at CER is considered to be relevant information for investors in order to understand the underlying development in net sales and operating profit by adjusting for the impact of currency fluctuations.</font></div><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.738%"><tr><td style="width:1.0%"></td><td style="width:59.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.964%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Net sales at CER</font></div></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>2024 to<br>2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290,403</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,261&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect of exchange rates </font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,575</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,658&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales at CER</font></div></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">291,978</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">239,919&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net sales previous year</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:700;line-height:120%">232,261</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% increase&#47;(decrease) in constant exchange rates</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Operating profit at CER</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>2024 to<br>2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128,339</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,574&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect of exchange rates</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,096</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,898&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129,435</font></td><td colspan="2" style="border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107,472&#160;</font></td><td style="border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit previous year</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:700;line-height:120%">102,574</font></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% increase&#47;(decrease) in constant exchange rates</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.25pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26&#160;</font></td><td style="background-color:#e2f0fa;border-bottom:0.25pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="border-bottom:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:130%">EBIT</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:130%">DA and EBITDA at CER</font></div><div><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Novo Nordisk has significantly increased its Business Development M&#38;A activities and Capital expenditure for property, plant and equipment during recent years. Novo Nordisk defines EBITDA as &#8217;Net profit&#8217; adjusted for 'income taxes', 'financial items', 'depreciation and amortisation' and 'impairment losses and reversals'. EBITDA is a measure that is widely used by investors and analysts as it helps analyse operating results from core business operations without including the effects of capital structure, tax rates and depreciation and amortisation and impairment losses. These factors can vary substantially between companies. 'EBITDA at CER&#8217; means that the effect of changes in exchange rates is excluded by measuring EBITDA (as defined above) at the average exchange rates for the same period prior year. </font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.989%"><tr><td style="width:1.0%"></td><td style="width:58.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.294%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Financial report for the period 1 January 2024 to 31 December 2024</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Page 35 of <a href="#i67a6281036a642a18df0567782d8634d_91" style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%;text-decoration:none">35</a></font></div></td></tr></table></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.888%"><tr><td style="width:1.0%"></td><td style="width:59.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.945%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">EBITDA and EBITDA at CER</font></div></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;% change<br>2024 to<br>2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net profit</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100,988</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,683&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income taxes</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,203</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,991&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,198)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,945)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial expenses</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,346</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">845&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">769&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (EBIT)</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">128,339</font></td><td colspan="2" style="border-top:0.25pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,574&#160;</font></td><td style="border-top:0.25pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25&#160;</font></td><td style="border-top:0.25pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation, amortisation,  impairment losses and reversals</font></div></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,107</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,413&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EBITDA</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">147,446</font></td><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111,987&#160;</font></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32&#160;</font></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect of exchange rates</font></td><td colspan="3" style="background-color:#e2f0fa;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,146</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,043&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EBITDA at CER</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,592</font></td><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,030&#160;</font></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">N&#47;A</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EBITDA previous year</font></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111,987</font></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.25pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% increase&#47;(decrease) in constant exchange rates</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.25pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33&#160;</font></td><td style="background-color:#e2f0fa;border-bottom:0.25pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</font></td><td colspan="3" style="border-bottom:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.25pt solid #b6b6b6;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="margin-bottom:3pt"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Free cash flow</font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Novo Nordisk defines free cash flow as &#8217;net cash generated from operating activities&#8217;, less &#8216;net cash used in investing activities&#8217;, less repayment on lease liabilities and excluding net change of marketable securities. Free cash flow is a measure of the amount of cash generated in the period which is available for</font><font style="background-color:#ffffff;color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> the Board of Directors to allocate between Novo Nordisk's capital providers, through e.g. dividends, share repurchas</font><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">es and repayment of debt (excluding lease liability repayments) or for retaining in the business to fund future growth. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:130%">The following table shows a reconciliation of Free cash flow with Net cash generated from operating activities, the most directly comparable IFRS financial measure&#58;</font></div><div><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.588%"><tr><td style="width:1.0%"></td><td style="width:72.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.982%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.984%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:9pt;font-weight:700;line-height:150%">Free cash flow</font></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">DKK million</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="background-color:#e2f0fa;border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #939aa7;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net cash generated from operating activities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,968&#160;</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108,908&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net cash used in investing activities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(128,895)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(43,892)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net purchase of marketable securities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,363)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,758&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repayment on lease liabilities</font></td><td colspan="2" style="background-color:#e2f0fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,417)</font></td><td style="background-color:#e2f0fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,448)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Free cash flow</font></td><td colspan="2" style="background-color:#e2f0fa;border-bottom:0.5pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,707)</font></td><td style="background-color:#e2f0fa;border-bottom:0.5pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:0.5pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,326&#160;</font></td><td style="border-bottom:0.5pt solid #939aa7;border-top:0.25pt solid #939aa7;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:3pt"><font><br></font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div id="i67a6281036a642a18df0567782d8634d_91"></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.845%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Strategic aspirations</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Performance highlights</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Commercial execution</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Financials</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cash flow and capital allocation</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Outlook</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Innovation and therapeutic focus</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Purpose and sustainability</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Legal</font></td><td colspan="3" style="border-left:1pt solid #acacac;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#001965;font-family:'Apis Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Financial Information</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;Company announcement No 7 &#47; 2025</font></td></tr></table></div></div></div><div id="i67a6281036a642a18df0567782d8634d_94"></div><hr style="page-break-after:always"><div style="min-height:49.61pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#001965;font-family:'Apis',sans-serif;font-size:12pt;font-weight:400;line-height:150%">SIGNATURES</font></div><div style="text-align:center"><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized. </font></div><div><font><br></font></div><div><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Date&#58; February 5, 2025 </font></div><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Novo Nordisk A&#47;S</font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Lars Fruergaard J&#248;rgensen</font></div><div style="text-align:right"><font style="color:#001965;font-family:'Apis Light',sans-serif;font-size:9pt;font-weight:400;line-height:150%">Chief Executive Officer</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:49.61pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
