GN Store Nord — Major Shareholding Notification 2020

Sep 24, 2020

Announcement no. 32 September 24, 2020

Major shareholder notification – NN Group N.V.

GN Store Nord A/S hereby announces that it has received a notification from NN Group N.V. stating that NN Group N.V. has decreased its holdings of GN shares to 4.94% of the share capital and voting rights in GN Store Nord A/S.

For further information, please contact:

Investors and analysts

Morten P. Toft Vice President – Investor Relations & Treasury Tel: +45 45 75 46 07

or

Rune Sandager Senior Manager – Investor Relations Tel: +45 45 75 92 57

Press and the media

Lars Otto Andersen-Lange Head of Media Relations & Corporate Public Affairs Tel: +45 45 75 02 55

About GN Group

The GN Group enables people to Hear More, Do More and Be More through its intelligent hearing, audio and video collaboration solutions. Inspired by people and driven by our innovation leadership, we leverage technological synergies between our hearing and audio divisions to deliver unique and increasingly individualized user experiences in our products and solutions.

150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 people and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter.