| Name: | Lars Marcher |
| Reason: | President & CEO |
| Company name: | Ambu A/S |
| ID code and designation of securities concerned: |
DK0010303619 B shares |
| Nature of transaction: | Sale of B-shares |
| Trading date and market: | 17 November 2015 via Nasdaq Copenhagen |
| No. of shares traded and market price thereof: |
104,000 shares at a market price of DKK 20,696,000 |