Following approval of the new guidelines for the remuneration of the Board of
Directors and Executive Management at the Annual Shareholders' Meeting,
Novozymes has today announced the introduction of a new long-term share-based
incentive program for Executive Management, to be implemented effective January
1, 2011. The incentive program is a three-year share-based program and covers
the period 2011-2013, with shares to be released in January 2014. 

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