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Demant Share Issue/Capital Change 2017

May 31, 2017

3360_rns_2017-05-31_c8318154-49bf-481e-ada7-fec51cae8119.pdf

Share Issue/Capital Change

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William Demant

Company announcement no 2017-07

31 May 2017

Change in the share capital in William Demant Holding A/S

With reference to Company Announcement no 2017-04, it was decided at William Demant Holding A/S' ordinary general meeting on 27 March 2017 to reduce the Company's share capital by nominally DKK 1,423,110, or 7,115,550 shares of DKK 0.20. The Danish Business Authority has been notified of the capital reduction, and the capital reduction has been executed.

In accordance with Section 10 of the Danish Statutory Order on Issuers' Disclosure Obligations, we hereby state that the Company's total share capital and total number of voting rights as of 31 May 2017 amount to:

Share capital (nominal): DKK 51,793,255

Number of voting rights: 258,966,275


Further information:

Søren Nielsen, President & CEO

Phone +45 3917 7300

www.demant.com

Other contacts:

René Schneider, CFO

Søren B. Andersson, VP IR

Trine Kromann-Mikkelsen, Media

William Demant Holding A/S

Kongebakken 9

2765 Smørum

Denmark

+45 3917 7300

[email protected]

www.demant.com

CVR 71186911