Company announcement No 53/2015 – 7 December 2015 On 11 March 2015, Royal Unibrew initiated a share buy-back programme, cf. company announcement no. 2/2015 of 10 March 2015. The programme was implemented in accordance with the provisions of European Commission Regulation no. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation. The share buy-back programme is expected to be realised in the period from 11 March 2015 to 1 March 2016. The total share buy-back in the period will not exceed a market price of DKK 350 million. The following transactions have been made under the programme: Number of Average purchase Transaction value, shares price DKK -------------------------------------------------------------------------------- Accumulated, last 1,071,716 241.94 259,295,152.84 announcement -------------------------------------------------------------------------------- 30 November 2015 1,000 288.52 288,522.70 -------------------------------------------------------------------------------- 1 December 2015 10,442 289.48 3,022,799.24 -------------------------------------------------------------------------------- 2 December 2015 2,707 289.78 784,439.87 -------------------------------------------------------------------------------- 3 December 2015 12,000 283.15 3,397,747.20 -------------------------------------------------------------------------------- 4 December 2015 1,500 278.66 417,992.70 -------------------------------------------------------------------------------- Accumulated under the 1,099,365 243.05 267,206,654.55 programme -------------------------------------------------------------------------------- With the transactions stated above, Royal Unibrew owns a total of 1,399,365 shares, corresponding to 2.5% of the share capital. The total amount of shares in the company is 55,492,500, including treasury shares. Please direct any queries to me at tel. +45 56 77 15 05. Yours sincerely Royal Unibrew A/S Lars Jensen CFO