Bang & Olufsen — Director's Dealing 2019

Jul 12, 2019

BANG & OLUFSEN A/S

12 JULY

ANNOUNCEMENT NO. 19.04

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	John Mollanger
2	Reason for the notification
a)	Position/status	EVP, President Brand & Markets
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

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• 2 -

c)	Price(s) and volume(s)	Price	Volume
		45.38	230
		45.40	487
		45.38	362
		45.42	310
		45.42	200
		45.42	168
		45.44	350
		45.64	676
		45.64	485
		45.10	2,118
		45.60	39
		45.10	200
		45.56	51
		45.58	357
		45.58	305
		45.58	210
		45.58	240
		45.58	350
		45.60	140
		45.58	287
		45.32	168
		45.30	79
		45.78	390
		45.78	220
		45.76	81
		45.76	25

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	45.80	950
	45.76	162
	45.76	575
	45.58	126
	45.58	200
	45.50	245
	45.50	169
	45.52	1,900
	45.52	200
	45.50	211
	45.50	13
	45.50	13
	45.50	232
	45.50	12
	45.50	19
	45.50	91
	45.50	109
	45.50	196
	45.50	13
	45.50	246
	45.50	12
	45.44	196
	45.80	1,900
	45.80	100
	45.48	43
	45.42	53
	45.42	200

• 3 -

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		45.42	447
		45.44	200
		45.60	160
		45.60	519
		45.62	300
		45.62	100
		45.62	1,065
		45.62	100
		45.62	180
d)	Aggregated information/ Aggregated volume/Price	Price: 45.53512459
Volume: 19,785
e)	Date of the transaction	12 July 2019
f)	Place of the transaction	Nasdaq Copenhagen, XCSE

For further information, please contact:
Director, Investor Relations, Martin Raasch Egenhardt, phone: +45 5370 7439