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Bang & Olufsen

Major Shareholding Notification Dec 2, 2024

3394_mrq_2024-12-02_c4b3bed4-8e98-4a74-9c07-f5ad6ba49ab2.pdf

Major Shareholding Notification

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MAJOR SHAREHOLDER ANNOUNCEMENT

In continuation of the announcement and completion of the private placement as per company announcement no. 24.19, Bang & Olufsen A/S ("B&O" or the "Company") has received notice of the following:

• Arbejdsmarkedets Tillægspension ("ATP") subscribed for shares in the private placement and, as a result of dilution, now holds less than 10 per cent of the total number of shares and voting rights in B&O.

For more information, please contact:

Cristina Rønde Hefting Sr. Director, Head of Strategy & Investor Relations Phone: +45 4153 7303

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