Novo Nordisk A/S ESG Score

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Local Country Conditions

India

The use of S&P Global ESG Scores on Indian Companies, which are issued by S&P Global Sustainable1, shall be restricted for use by users based in India as outlined by the applicable ESG rating provider regulation and associated guidance.

The S&P Global ESG Scores (including their key component S&P Global CSA Scores) are not recommendations to purchase, hold, or sell any securities and do not address the suitability of any Indian security for investment decision making, investment analysis, compliance or research purposes related to ESG investment, performance, and practices or other related ancillary purposes in India. The S&P Global ESG Scores should not be relied on and are not a substitute for the skill, judgment and experience of the user, its management, employees, advisors and/or clients when making investment and other business decisions. For clarity, but otherwise subject to the foregoing and the Guidelines, S&P Global Sustainable1’s S&P Global ESG Scores on Indian listed companies may be used by the rated entity (i) for their internal reference, (ii) to reference their score on their investor relations or similar company webpage, or company social media webpages, and/or (iii) in their corporate sustainability report (or similar) and/or annual report, all subject to appropriate source attribution to S&P Global Sustainable1.

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