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Bang & Olufsen

Major Shareholding Notification • Aug 20, 2024

3394_mrq_2024-08-20_ee3d0099-4117-4ee3-b55d-2629b9551a29.html

Major Shareholding Notification

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MAJOR SHAREHOLDER ANNOUNCEMENT h1 {font-size: 1.8em;}h2 {font-size: 1.6em}

MAJOR SHAREHOLDER ANNOUNCEMENT

Bang & Olufsen A/S has on 16 August 2024 pursuant to the Danish Capital Markets Act received a major shareholder announcement from UBS Group AG which states that, UBS Group AG’s holding of shares and voting rights according to section 38 of the Danish Capital Markets Act, and other financial instruments according to section 39(2) of the Danish Capital Markets Act, as per 12 August 2024 is above 5 per cent of the total number of shares and voting rights in Bang & Olufsen A/S.

As per 12 August 2024, UBS Group AG holds 6,471,340 shares and voting rights in Bang & Olufsen A/S corresponding to 5.27 per cent of the total number of shares and voting rights.

For further information, please contact:

Cristina Rønde Hefting

Sr. Director, Head of Strategy & Investor Relations

Phone: +45 4153 7303

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