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Demant Share Issue/Capital Change 2017

May 8, 2017

3360_rns_2017-05-08_59351add-6623-4f05-8731-639233293958.pdf

Share Issue/Capital Change

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William Demant

Company announcement no 2017-05

8 May 2017

Completion of capital reduction in William Demant Holding A/S

As stated in 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 divided into 7,115,550 shares of DKK 0.20, corresponding to the Company's holding of treasury shares at 27 February 2017.

The capital reduction was published in the electronic information system of the Danish Business Authority on 8 May 2017. The advertisement period expired without any objections being raised. Consequently, we have today notified the Danish Business Authority of the capital reduction. After the capital reduction, the share capital of William Demant Holding A/S amounts to nominally DKK 51,793,255.


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