Major shareholder – Friheden Invest A/S

May 16, 2018, 9:28

Pursuant to section 29 of the Danish Securities Trading Act, we hereby announce that IC Group A/S has received information from Friheden Invest A/S that it has increased its shareholdings in IC Group A/S on 16 May 2018.

As a result of this increase, Friheden Invest A/S has a shareholding in IC Group A/S constituting:

9.386.358 shares of DKK 10 each

corresponding to a nominal value of DKK 93,863,580 or 54.9% of the total number of shares issued and voting rights.

IC Group A/S

Alexander Martensen-Larsen

Please direct any questions regarding this announcement to:                                                                               
Jens Bak-Holder
Head of Investor Relations
Phone: +45 21 28 58 32

This announcement is a translation from the Danish language. In the event of any discrepancy

between the Danish and English versions, the Danish version shall prevail.