0001047469-17-004967 Sample Contracts

ZEALAND PHARMA A/S AND THE BANK OF NEW YORK MELLON As Depositary AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES Deposit Agreement
Deposit Agreement • August 3rd, 2017 • Zealand Pharma a/S • Pharmaceutical preparations • New York

DEPOSIT AGREEMENT dated as of , 2017 among ZEALAND PHARMA A/S, a company incorporated under the laws of the Kingdom of Denmark (herein called the Company), THE BANK OF NEW YORK MELLON, a New York banking corporation (herein called the Depositary), and all Owners and Holders (each as hereinafter defined) from time to time of American Depositary Shares issued hereunder.

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