First day of trading on the Børs: Nordic spirits to the world, and the world’s best wine to the Nordics (Gjelleråsen, , 1 December 2016) Starting today, shares in Arcus ASA are traded on Oslo Børs. This is an important milestone in the history of Arcus, for the employees and for the company as a whole. When Arcus was divested from the Norwegian state owned wine monopoly Vinmonopolet back in 1996, the main focus was on the wine and spirits market in Norway. 20 years on, Arcus has grown into the largest wine importer in Norway, the second largest in and the third largest in Finland. Arcus is still the largest producer of spirits in Norway, and after the acquisition of the Aalborg aquavits and Gammel Dansk in 2013, the company has become the second largest producer in Denmark. - It is great to see the significant interest in the listing of Arcus. Employees, as well as private and institutional investors have shown us great confidence. This is for sure an important milestone for our company, said Kenneth Hamnes, CEO of Arcus ASA. More than 2000 investors had bought shares in Arcus, when trading opened at Oslo Børs today. The share was listed at NOK 43, adding up to a listing price of NOK 2,925 million. - We have delivered growth for 17 consecutive years, and our strategic plans remain firm. We now have a solid base for continued growth in Norway, Sweden, Denmark, Finland and – our home markets, said Hamnes.

For more information, contact:

Per Bjørkum, VP communications and IR, tel.: 922 55 777 | [email protected]

About Arcus ASA

• Arcus is the world’s largest producer of aquavit and the leading wine and spirits company in Norway. In addition, the company is Sweden’s second largest importer of wine, the third largest in Finland and the second largest producer of spirits in Denmark. • 57 percent of the revenue (2015) originates from the wine business area, where subsidiaries in Sweden, Norway and Finland manage approx. 350 wine agencies from all over the world. In addition, Arcus develops its own wine brands, including the best-selling wine in Norway in 2016, Falling Feather • 33 percent of the revenue (2015) comes from the spirits business area, including Arcus’ portfolio of iconic brands like LINIE, Gammel Opland, Gammel Dansk and the Aalborg aquavits. • The distribution business area (Vectura) makes up for the remaining 10 percent of the revenue, and distributes alcoholic beverages for Arcus and other import businesses to the Norwegian market. Vectura is a fully integrated part of Arcus’ production facilities. • Arcus has one of the most modern bottling and production facilities in Europe, based at Gjelleråsen, north of Oslo, opened in 2012. • Arcus promotes responsible alcohol consumption to all employees, customers, suppliers and partners.