Struer, 2017-03-22 08:28 CET (GLOBE NEWSWIRE) --  

Mr. Jim Hagemann Snabe, vice-chairman of the Board of Directors of Bang & Olufsen a/s, has notified the Board that he will not be seeking re-election at the expiry of his current term of office at the Annual General Meeting on 13 September 2017. Mr. Hagemann Snabe will continue as vice-chairman until then and he has offered to subsequently act as external advisor to the Company in relation to technology and innovation.

The Board will review its composition ahead of the Annual General Meeting.

Ole Andersen

Chairman of the Board

For further information, please contact;

Investor relations, Claus Højmark Jensen   +45 2325 1067

Press, Morten Juhl Madsen                        +45 4030 8986