Bang & Olufsen — Director's Dealing 2024

Aug 30, 2024

BANG & OLUFSEN A/S

30-AUG-24

ANNOUNCEMENT NO. 24.12

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.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kristian Teär
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)
a)	Description of the financial instrument, type of instrument
Identification code	Shares, ISIN-code DK0010218429
b)	Nature of the transaction	Transaction pursuant to the company's long-term share-based incentive programs.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		DKK 0.05 per share	85,680 shares
d)	Aggregated information

• Aggregated volume
• Price | N/A | | | e) | Date of the transaction | 2024-08-30 6:48 am UCT (8:48 am CEST) | | | f) | Place of the transaction | Outside the trading venue | |

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BANG & OLUFSEN A/S 30-AUG-24 ANNOUNCEMENT NO. 24.12

For more information, please contact:

Cristina Rønde Hefting Investor Relations Phone: +45 4153 7303

Jens Gamborg Global sustainability and Communications Phone: +45 2496 9371

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