Two decades of 2G development globally:

- accelerating deployment in IndiaThomas Schrøder – VP Biorefining Novozymes

7 March 2018, Session 4 ‘Ligno-cellulosic Ethanol’

India gasoline consumption

expected to double in the

medium term

Global leader in industrial enzymes

production sites globallyreinvested in R&D

sales (million EUR)

different industriesemployees

granted patentsand pending patents

products countries

6,300

6,500

13%

140

9

30+

1,950

Araucaria, PR(Brazil)

Franklinton, NC(US)

Blair, NE(US)

Saskatoon, SK(Canada)

Kalundborg(Denmark)

Fuglebakken(Denmark)

Bangalore(India)

Tianjin - TEDA(China)

Suzhou - Hongda(China)

Our global and local production set-up

New production site at Patalganga, Mumbai

Genesis Site, WhitefieldOperations/commercial/Admin

Hoody Circle, WhitefieldSupply Chain Operations

Hosur RoadDPP (Production)

546 employees Biggest supplier of enzymes

NOVOZYMES IN INDIA

Mumbai (Pune)(India)

Novozymes’ leadership spans across all elements of the value chain

5

The 2G journey – 18 years of continuous development and one of our largest R&D investments

2001

Launch of

Cellic® CTec for

first demo plants

World’s first

commercial 2G

plant uses our

Cellic® enzymes

Pilot plants

worldwide testing

our enzymes

One of the largest

R&D investments

in our history

5 of 6 commercial

2G plants

worldwide use

Cellic® enzymes

Exclusive

partnership with

Brazil’s largest

ethanol producer

2005 2009 2012 2013 2015

Foundation Pilot stage Demo stage Initial commercial stage Optimization stage

15XEnzyme potency improvement

Novozymes

supply enzymes

In operation

“Steel in the ground”

…almost € 2 BN Total

Investment Cost…

…to establish full proof of concept in phase #1

…on 3 continents

1st wave full-scale cellulosic ethanol plants

8

Together

We partner for impact, working closely with our partners to increase efficiencies and optimize process cost

Our aim is to create impact for our partners and their customers

Sustainable biofuels already have made a huge impact – slide med world map!

Lets enter the future of biorefining

TOGETHER….

Green carbon

Benefits to India

• Rural job creations

• More income to the farmer

• Decrease oil imports

• Develop the bio-economy (engineering, biotechnology etc.)

• Export technology options (creating leading position)

• Cheapest way to decarbonize the transportation sector

• Green carbon offers grid stability

Fuel cell – liquidbattery

Replace diesel with E95

Fuelling aviation and ships

Carbon capture storage(CCS)

Grid stability

Future of biorefining

Food, feed and materials

The grid

Tofu