Bang & Olufsen — Board/Management Information 2018

May 31, 2018

Executive Vice President and CFO Anders Aakær Jensen to leave Bang & Olufsen

Executive Vice President and CFO Anders Aakær Jensen to leave Bang & Olufsen

Executive Vice President and CFO Anders Aakær Jensen has today informed the Company that he, after personal considerations, will leave Bang & Olufsen by end November 2018.

A search for Anders Aakær Jensen’s successor will now be initiated.

Henrik Clausen

CEO

For more information, please contact:

Investor Relations Manager, Claus Højmark Jensen, phone.: +45 23 25 10 67

Head of Group Communications, Jens Gamborg, phone: +45 24 96 93 71

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• BO_1720_UK