Bang & Olufsen A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transaction related to shares in Bang & Olufsen A/S made by persons discharging managerial responsibilities in Bang & Olufsen A/S and/or persons closely related with them.

Please see attached file for details.

For further information, please contact:

Director, Investor Relations, Martin Raasch Egenhardt, phone: +45 5370 7439.

Attachment

• BO_2020_Director's share transaction_UK