Bang & Olufsen

Transaction in Own Shares • Oct 1, 2018

Bang & Olufsen A/S – share buyback programme

Bang & Olufsen A/S – share buyback programme

On 3 September 2018, Bang & Olufsen initiated a share buyback programme in accordance with article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred to as the Safe Harbor rules.

Under the share buyback programme, which runs from 3 September 2018 and will end no later than 31 December 2019, Bang & Olufsen intends to buy back shares for an amount of up to DKK 485 million.

The following transactions have been made under the program in the period 24 September 2018 - 28 September 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	239,000	151.48	36,204,280
24 September 2018	12,000	151.30	1,815,600
25 September 2018	15,449	148.62	2,296,030
26 September 2018	15,000	147.05	2,205,750
27 September 2018	17,000	146.89	2,497,130
28 September 2018	15,000	148.35	2,225,250
Total this period	74,449	148.29	11,039,760
Accumulated under the programme	313,449	150.72	47,244,040

Following the above transactions, Bang & Olufsen holds a total of 423,439 own shares corresponding to 1.0 % of the total share capital and the total voting rights in the company.

Please see the attached file for detailed information about individual trades under the program in the period 24-28 September 2018.

For further information, please contact: Sr. Director, Global Finance, Malene Richter Christensen, tel.: +45 29741609.

Attachment

• BO_1809_Weekly_SBB_announcement_week 39_UK