Demant — Share Issue/Capital Change 2023

Apr 17, 2023

Demant

Company announcement no 2023-05

17 April 2023

Completion of capital reduction in Demant A/S

As stated in company announcement no. 2023-04, it was decided at Demant A/S' ordinary general meeting on 8 March 2023 to reduce the company's share capital by nominally DKK 1,287,859.00 divided into 6,439,295 shares of DKK 0.20, corresponding to the company's holding of treasury shares at 15 January 2023 less shares to cover Management's retention programme and the share salary arrangement offered to employees.

The capital reduction was published via the electronic information system of the Danish Business Authority on 16 March 2023. The advertisement period expired without any objections being raised. Consequently, we have notified the Danish Business Authority of the capital reduction. After the capital reduction, the share capital of Demant A/S amounts to nominally DKK 44,787,888.00.

In accordance with section 32 of the Danish Capital Markets Act, we hereby state that the company's total share capital and total number of voting rights amount to:

Share capital (nominal): DKK 44,787,888.00
Number of voting rights: 223,939,440

Further information:
Søren Nielsen, President & CEO
Phone +45 3917 7300
www.demant.com

Other contacts:
René Schneider, CFO
Mathias Holten Møller, Head of Investor Relations
Peter Pudselykke, Investor Relations Officer
Trine Kromann-Mikkelsen, VP Corporate Communications and Sustainability

Demant A/S
Kongebakken 9
2765 Smørum
+45 3917 7300
info@demant.com
www.demant.com
CVR 71186911