The Annual General Meeting  of Carlsberg A/S will be held  on Thursday 20 March 2014  at Tap 1, Ny Carlsberg Vej 91,  Copenhagen.  Carlsberg aims to create the best conditions to ensure efficient and fair pricing of its shares  by providing balanced and open information to  the stock market. Carlsberg’s shares are listed on NASDAQ  OMX Copenhagen in two classes: Carlsberg  A and Carlsberg B. Each A share carries 20  votes, while each B share carries two votes  and is entitled to a preferential dividend. The  B share is included in NASDAQ OMX Nordic  Large Cap and OMXC20 blue-chip indices.  NASDAQ OMX Nordic also operates sector  indices in accordance with the Global Industry  Classification Standard, and here the Carls- berg A and B shares are included in the Food  & Beverage and Consumer Goods indices. As a supplement to Carlsberg’s listing on  NASDAQ OMX Copenhagen, Carlsberg has  established a sponsored level 1 ADR (Amer- In 2013, the Carlsberg B share gained 8%  and ended the year at DKK 600. At the end  In addition to NASDAQ OMX Copenhagen,  the Carlsberg shares are also traded on a  number of other equity exchanges, including  BATS Chi-X. In 2013, 63% of the trading in  the Carlsberg B share took place on NASDAQ  OMX Copenhagen.  ican Depository Receipt) programme with  the Bank of New York Mellon. The ADRs  trade over-the-counter in the USA under the  symbol CABGY. More information on the  ADR programme is available on the Carlsberg  Group’s investor website. of 2013, the market value of the Company’s  shares was DKK 92.4bn, compared to DKK  85.4bn at the end of 2012. At 31 December 2013, the Company’s largest  shareholder was the Carlsberg Foundation,  holding 30% of the share capital and 75% of the votes. In accordance with section 29 of the Danish Securities Trading Act, Oppen- heimerFunds, Inc. has notified Carlsberg that it too owns more than 5% of the share capital. In addition, Massachusetts Financial  Services Company has notified Carlsberg that it holds more than 5% of the B shares in Carlsberg A/S. pricing of Carlsberg’s shares. This is achieved  through the quality, consistency and continu- ity of the information provided by Carlsberg  to the market.  As part of its investor relations work, Carls- berg maintains an active dialogue with equity  and credit analysts, and with existing and po- tential shareholders, including domestic and  international institutional investors as well as  private investors. The Group’s Investor Rela- tions department handles day-to-day contact  with analysts and investors. As part of the  ongoing IR activities, in 2013 Carlsberg held  investor and analyst meetings in a number of  cities across Europe, North America and Asia.  At the end of 2013, Carlsberg had approximate- ly 52,000 registered shareholders, together  holding a nominal capital of DKK 2,861m, corresponding to 94% of the share capital. Carlsberg’s investor website includes both  current and historical information about  the Company and its shares and bonds,  including company announcements, share  prices, investor presentations, webcasts and  transcripts, financial calendar, quarterly  financial statements, historical financial data  and annual reports. A free service allows  subscribers to receive instant e-mail alerts  Carlsberg aims to give investors and analysts  the best possible insight into factors consid- ered relevant for ensuring efficient and fair  SHAREHOLDERS INVESTOR RELATIONS % End-  2013 End-  2012 End-  2011 DK 20 21 22 USA 34 28 29 UK 20 22 20 Other 26 29 29 50 Management review SHAREHOLDER INFORMATION Carlsberg Group Annual Report 2013 20 March Annual General Meeting Quarterly financial statements 7 May Interim results – Q1 20 August Interim results – Q2 10 November Interim results – Q3 SHAREHOLDERS (FREE FLOAT) FINANCIAL CALENDAR 2014