Analysts

The following analysts cover Bavarian Nordic:

	Peter Hugreffe Ankersen ABG Sundal Collier Telephone: +45 33 18 61 12 E-mail: peter.hugreffe@abgsc.dk
	Carsten Lønborg Madsen Carnegie Telephone: +45 32 88 02 00 E-mail: carsten.madsen@carnegie.dk
	Thomas Bowers Danske Equities Telephone: +45 45 12 80 44 E-mail: thbo@danskebank.dk
	Martin Parkhøi Danske Equities Telephone: +45 33 44 04 41 E-mail: martin.parkhoi@danskebank.dk
	Michael Novod Handelsbanken Capital Markets Telephone: +45 33 41 82 00 E-mail: mino03@handelsbanken.se
	Frank H. Andersen Jyske Bank Telephone: +45 89 89 70 31 E-mail: fha@jyskebank.dk
	Frédéric Gomez Pharmium Securities Telephone: +336 15 47 71 97 E-mail: fgomez@pharmiumsecurities.com
	Lars Hatholt Nordea Markets Telephone: + 45 33 33 57 75 E-mail: lars.hatholt@nordea.com
	Gustaf Vahlne SEB \| Enskilda Telephone: +46 8 522 297 45 E-mail: gustaf.vahlne@enskilda.se
	Jacob Thrane Standard & Poors Telephone: +44 (0) 20 7176 7826 E-mail: jacob_thrane@sandp.com