Segment Ownership Currency Capital Parent company Royal Unibrew A/S, Denmark DKK 97,600,000 WESTERN EUROPE Subsidiaries Aktieselskabet Cerekem International Ltd., Denmark*  100% DKK  1,000,000 The Curious Company A/S, Denmark* 100% DKK 550,000 Nohrlund ApS, Denmark 68% DKK 103,030 Albani Sverige AB, Sweden 100% SEK 305,000 Ceres S.p.A, Italy 100% EUR 206,400 Terme di Crodo S.r.l., Italy 100% EUR 19,000,000 Etablissement Geyer-Fréres S.A, France 100% EUR 159,687 MC Energy S.A.S, France 100% EUR 50,000 Royal Unibrew Norge AS, Norway* 100% NOK 30,000      Solera Beverage Group Holding AS, Norway 100% NOK 2,571,231           Solera Beverage Group AS, Norway 100% NOK 6,000,000                 Solera Norge AS, Norway 100% NOK 6,000,000                     Engelstad Spirits AS, Norway 100% NOK 30,000                     Einar A. Engelstad AS, Norway 100% NOK 100,000                     Orbis Wines AS, Norway 100% NOK 30,000                     Eurowine AS, Norway 100% NOK 101,000                     Best Cellars AS, Norway 100% NOK 1,000,000                     Stenberg & Blom AS, Norway 100% NOK 100,000                     Winehouse Norway AS, Norway 100% NOK 30,000                     Bottleneck Holding AS, Norway 100% NOK 100,000                     Top Cellars Wine Import AS, Norway 100% NOK 30,000                     Urban Beverages AS, Norway 100% NOK 110,000                     Multibev AB, Sweden 100% SEK 100,000                     Multibev AS, Norway 100% NOK 100,000                     Sommelier AS, Norway 100% NOK 200,000                     Solera Uteliv AS, Norway 100% NOK 100,000                     Craft Drinks AS, Norway 100% NOK 30,000                     Vinkilden AS, Norway 100% NOK 45,580                     Cuveco AS, Norway 100% NOK 100,000                     Bacchus Wines AS, Norway 100% NOK 30,000                Solera Sverige AB, Sweden 100% SEK 150,000                     Prime Wine Sweden AB, Sweden 100% SEK 117,700                     Mondo Wine Sweden AB, Sweden 100% SEK 100,000                     Solera Spirits and Beers AB, Sweden 100% SEK 100,000                     Solera Spirits and Beers AB, Sweden 100% SEK 50,000                     Cuveco AB, Sweden 100% SEK 100,000                Five Eyes AB, Sweden 100% SEK 100,000                Solera Finland Oy 100% EUR 9,200                     Stella Wines Oy, Finland 100% EUR 8,000                     Quantum Beverages Oy, Finland 100% EUR 2,500                     Solera Cabernet Wines Oy, Finland 100% EUR 2,500                     Solera Chardonnay Wines Oy, Finland 100% EUR 2,500                     Solera Riesling Wines Oy, Finland 100% EUR 2,500                     Multibev Oy, Finland 100% EUR 16,819                     Tistron Wine Group Ab, Finland 100% EUR 200,000                          Urban Beverage Oy, Finland 100% EUR 8,000                               Zenga Import Ab, Finland 100% EUR 2,500 Associates Grønlandskonsortiet I/S, Denmark 50%  DKK Nuuk Imeq A/S, Nuuk, Greenland 32% DKK 38,000,000 Hansa Borg Holding AS, Norway 25% NOK 55,510,000   BALTIC SEA  Subsidiaries  AB Kalnapilio-Tauro Grupe, Lithuania 100% EUR 1,153,337 Royal Unibrew Services UAB, Lithuania 100% EUR 43,500 Oy Hartwall Ab, Finland 100% EUR 13,240,140      Lapin Kulta Oy, Finland 100% EUR 16,819 SIA “Cido Grupa”, Latvia 100% EUR 1,117,070      SIA Lacplesa Alus, Latvia 100% EUR 68,945           SIA Bauskas Alus, Latvia 100% EUR 932,064 Royal Unibrew Eesti, Estonia 100% EUR 200,000      Tanker Brewery, Estonia* 100% EUR 1,286,969   INTERNATIONAL Subsidiaries  Centre Nordique d’Alimentation EURL, France* 100% EUR 131,000 Ferell sp. z o.o., Poland* 100% PLN 120,200 Supermalt UK Ltd., UK, England 100% GBP 9,700,00      Vitamalt (West Africa) Ltd., the UK, England 100% GBP 10,000      Royal Unibrew Nigeria Ltd., Nigeria 100% NGN 10,000,000 The Danish Brewery Group Inc., USA* 100% USD 1,047,203 Bruce Ashley Group, Inc., Canada 100% CAD 133

Activity Production, sales and distribution Sales and distribution Holding company Other * not audited as not mandatory audit