MENU Share Capital Overview Share Capital Overview Class of Share No. of Shares Votes pr. Share Par Value ISIN Bloomberg Reuters A 33,699,252 20 20 DK001018167-6 CARLA DC CARCa.CO B 111,557,554 2 20 DK001018175-9 CARLB DC CARCb.CO Total 145,256,806 RELATED SHAREHOLDER INFORMATION Communication with Shareholders Corporate Governance Carlsberg Breweries A/S J.C. Jacobsens Gade 1, 1799 Copenhagen V Denmark Phone: (+45) 3327 3300 contact@carlsberg.com Privacy Cookies Terms of Use Acceptable Use Contact Subscribe Speak Up Manage Cookies

MENU Shareholders As at 31 December 2020, the Company’s largest shareholder was the Carlsberg Foundation, holding 30% of the share capital and 76% of the votes. In addition, Massachusetts Financial Services Company (“MFS”) has informed the Company that their holding of Carlsberg shares exceed 5% of the share capital. At the end of 2020, Carlsberg had approximately 52,000 registered shareholders. Ownership Structure Geographical Split of Shareholder Base Carlsberg Breweries A/S J.C. Jacobsens Gade 1, 1799 Copenhagen V Denmark Phone: (+45) 3327 3300 contact@carlsberg.com Privacy Cookies Terms of Use Acceptable Use Contact Subscribe Speak Up Manage Cookies

WHO WE ARE BEERS YOU LOVE PURSUIT OF BETTER CAREERS SUSTAINABILITY INVESTOR RELATIONS NEWS ROOM Cash Returns to Shareholders Dividend Policy Our dividend policy stipulates an adjusted pay-out ratio (net profit adjusted for special items) of around 50%. This policy came into effect in 2016. Carlsberg Breweries A/S J.C. Jacobsens Gade 1, 1799 Copenhagen V Denmark Phone: (+45) 3327 3300 contact@carlsberg.com Privacy Cookies Terms of Use Acceptable Use Contact Subscribe Speak Up Manage Cookies Cookie management for the best digital experience. Our website uses cookies from Carlsberg Breweries A/S (Carlsberg) and Carlsberg Group Entities to provide you with the best digital experience, personalise content and show you more relevant adverts about our great products. We may also analyse the traffic and provide features from our partners as well as share your cookies with them. Click 'Allow all' if you agree to the use of cookies by Carlsberg, Carlsberg (...) Read More Want to know more about how we use cookies and respect your privacy? Check our Cookie Notification and Privacy Notification. Strictly Necessary Cookies (always enabled) Read More Functional Cookies (always enabled) Read More Marketing & Advertising Cookies (optional) Read More Performance & Analytics Cookies (optional) Read More Refuse optional Allow all Welcome to Carlsberg Group Belgium Enter the year of your birth Remember me on this device (don’t tick if this is a shared computer) ENTER