Bang & Olufsen — Director's Dealing 2021

Oct 11, 2021

BANG & OLUFSEN A/S

11 OCTOBER 2021

ANNOUNCEMENT NO. 21.11

TRANSLATION

Reporting of Manager's transactions in Bang & Olufsen shares

Bang & Olufsen A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions 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/person closely associated
a)	Name	NWE Invest ApS
2	Reason for the notification
a)	Position/status	Related person to Nikolaj Wendelboe, Executive Vice President, CFO
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, ISIN DK0010218429
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		28.74	168
		28.74	398
		28.64	91
		28.64	88
		28.68	1,366
		28.62	16
		28.62	129
		28.62	1,541
		28.64	1,209
		28.60	1,439
		28.58	480
d)	Aggregated information
- Aggregated volume
- Price	6,925 shares
DKK 198,323.16
e)	Date of the transaction	2021-10-11

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BANG & OLUFSEN A/S
11 OCTOBER 2021
ANNOUNCEMENT NO. 21.11
TRANSLATION

f)	Place of the transaction	XCSE
		TQEM
		BEUP
		AQEU

For further information, please contact: Director, Investor Relations, Martin Raasch Egenhardt, phone: +45 53 70 74 39.

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