Bang & Olufsen

AGM Information • Sep 10, 2014

At today’s Annual General Meeting, the following resolutions were approved in
accordance with the agenda:

The Annual General Meeting took note of the Board of Directors' report,
approved the company's audited Annual Report for the financial year 2013/14 and
granted discharge to the company's Management Board and Board of Directors.

The Annual General Meeting resolved that no dividend should be paid.

The Board of Directors submitted the following proposals which were all adopted
by the Annual General Meeting:

-- Approval of the remuneration to the Board of Directors for the on-going
financial year.
-- Authorisation to the Board of Directors to let the company buy back own
shares.
-- Amendment of the company's "General guidelines concerning incentive-based
remuneration".
-- Approval of a new provision to be inserted in article 11, section 2, of the
company's Articles of Association regarding preparation of the annual
report in English.
-- Amendment of article 4 of the Articles of Association regarding
authorisations to the Board of Directors to make resolutions on executing
one or more capital increases with or without, respectively, pre-emptive
subscription rights for the existing shareholders.

The board members Ole Andersen, Jesper Jarlbæk, Jim Hagemann Snabe and Majken
Schultz were re-elected to the Board of Directors. Albert Bensoussan and Mads
Nipper were elected as new members of the Board of Directors.

The accounting firm Ernst & Young P/S was re-elected as auditors of the company.

Following the Annual General Meeting, the Board of Directors constituted itself
with

Ole Andersen as Chairman and Jim Hagemann Snabe as Vice Chairman.

Ole Andersen Tue Mantoni

Chairman President & CEO