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Zealand Pharma major shareholder announcement: The Capital Group Companies, 2022

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Zealand Pharma (NASDAQ: ZEAL) announced on February 25, 2022, that major shareholder The Capital Group Companies now holds 4.89% of Zealand's voting rights and share capital. This notification follows the requirements of the Danish Capital Markets Act. Additionally, SMALLCAP World Fund, Inc., a fund managed by Capital Group, has also reported the same holding percentage. Zealand Pharma focuses on innovative peptide-based medicines, with marketed products including V-Go® and Zegalogue®.

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  • The Capital Group Companies now holds 4.89% of Zealand's voting rights and share capital, indicating strong investor interest.
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Company announcement – No. 5 / 2022

Zealand Pharma major shareholder announcement: The Capital Group Companies, 2022

Copenhagen, DK and Boston, MA, February 25, 2022 Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announces the receipt of notification pursuant to Section 38 of the Danish Capital Markets Act from the following major shareholders:

The Capital Group Companies has notified Zealand about a change of its total holding of voting rights, in accordance with section 38 of the Capital Markets Act, and other financial instruments according to section 39(2)(1) of the Capital Markets Act and financial instruments with similar economic effect according to section 39(2)(2) of the Capital Markets Act, such that it now holds 4.89% of the voting rights of Zealand.

SMALLCAP World Fund, Inc., a fund managed by Capital Group Companies, Inc. has notified Zealand about a change of its total holding of share capital, in accordance with section 38 of the Capital Markets Act, and other financial instruments according to section 39(2)(1) of the Capital Markets Act and financial instruments with similar economic effect according to section 39(2)(2) of the Capital Markets Act, such that it now holds 4.89% of the shares of Zealand.

Please see further details in the attached notification forms.

# # #

About Zealand Pharma A/S
Zealand Pharma A/S (Nasdaq: ZEAL) ("Zealand") is a biotechnology company focused on the discovery, development, and commercialization of peptide-based medicines. More than 10 drug candidates invented by Zealand have advanced into clinical development, of which two have reached the market and three candidates are in late-stage development. Zealand markets V-Go®, a basal-bolus insulin delivery option for people with diabetes, and Zegalogue®, (dasiglucagon), the first and only glucagon analogue for the treatment severe hypoglycemia in pediatric and adult patients with diabetes aged 6 and above. To support these two marketed products Zealand built a dedicated sales force in the United States and has established itself as a fully integrated biotechnology company. In addition, license collaborations with Boehringer Ingelheim and AstraZeneca create opportunities for more patients to potentially benefit from Zealand-invented peptide investigational agents currently in development.

Zealand was founded in 1998 in Copenhagen, Denmark, and has presence throughout the U.S. that includes key locations in Boston, and Marlborough (MA). For more information about Zealand’s business and activities, please visit http://www.zealandpharma.com.

Forward-Looking Statement
The above information contains forward-looking statements that provide Zealand Pharma’s expectations or forecasts of future events. Such forward-looking statements are subject to risks, uncertainties and inaccurate assumptions, which may cause actual results to differ materially from expectations set forth herein and may cause any or all of such forward-looking statements to be incorrect. If any or all of such forward-looking statements prove to be incorrect, our actual results could differ materially and adversely from those anticipated or implied by such statements. All such forward-looking statements speak only as of the date of this release and are based on information available to Zealand Pharma as of the date of this release.

For further information, please contact:

Zealand Pharma Investor Relations
Maeve Conneighton 
Argot Partners
investors@zealandpharma.com 
 
Zealand Pharma Media Relations
David Rosen
Argot Partners
media@zealandpharma.com 

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FAQ

What percentage of voting rights does Capital Group hold in Zealand Pharma?

Capital Group holds 4.89% of the voting rights in Zealand Pharma.

When did Zealand Pharma announce the Capital Group shareholder notification?

Zealand Pharma announced the Capital Group shareholder notification on February 25, 2022.

What is the stock symbol for Zealand Pharma?

The stock symbol for Zealand Pharma is ZEAL.

Who manages SMALLCAP World Fund, Inc. that holds shares in Zealand?

The SMALLCAP World Fund, Inc. is managed by The Capital Group Companies.

What is Zealand Pharma's focus in the biotechnology sector?

Zealand Pharma focuses on discovering and developing innovative peptide-based medicines.

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