Bang & Olufsen — Director's Dealing 2018

Oct 10, 2018

BANG & OLUFSEN A/S

10 OCTOBER 2018

ANNOUNCEMENT NO. 18.15

TRANSLATION

Reporting of Manager's transaction in Bang & Olufsen shares

Bang & Olufsen A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transaction related to shares in Bang & Olufsen A/S made by persons discharging managerial responsibilities in Bang & Olufsen A/S and/or persons closely related with them.

1	Details of the person discharging managerial responsibilities/their related persons
a)	Name	Henrik Clausen
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bang & Olufsen A/S
b)	LEI	52990018KGR3ILFDNJ20
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument / Identification code	Shares
b)	Nature of the transaction	Purchase of shares
ISIN: DK0010218429

---

• 2 -

c)	Price(s) and volume(s)
		Price	Volume
		DKK 124.7	655
		DKK 124.7	39
		DKK 124.6	48
		DKK 124.6	48
		DKK 124.8	80
		DKK 124.8	375
		DKK 124.8	157
		DKK 124.8	118
		DKK 124.7	411
		DKK 124.7	133
		DKK 124.0	535
		DKK 124.0	51
d)	Aggregated information/ Aggregated volume/Price	Price: 124.57
Volume: 2,650
e)	Date of the transaction	10/10-2018
f)	Place of the transaction	Nasdaq Copenhagen, XCSE

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