NOVO-NORDISK A S

Ticker: NVO CUSIP: 670100205 Class: SPONSORED ADR

DAVIDSON INVESTMENT ADVISORS's Holding History (CIK: 0001140771)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 400 Value ($000) $14 Avg Close — Range —

Q3 2016

Shares 400 Value ($000) $16 Avg Close — Range —

Q2 2016

Shares 400 Value ($000) $21 Avg Close — Range —

Q1 2016

Shares 400 Value ($000) $21 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	400	$14	—	—
Q3 2016	400	$16	—	—
Q2 2016	400	$21	—	—
Q1 2016	400	$21	—	—