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Notification of transactions by persons discharging managerial responsibilities

As part of the implementation of Bang & Olufsen A/S’ long-term share-based incentive programs certain members of management have acquired shares in Bang & Olufsen A/S vested under the programs. In that connection, 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 made by persons discharging managerial responsibilities in Bang & Olufsen A/S and/or persons closely related with them.

Please see attached file for details.

For more information, please contact:

Cristina Rønde Hefting

Investor Relations

Phone: +45 4153 7303

Jens Gamborg

Global sustainability and Communications

Phone: +45 2496 9371

Attachment