Transactions in connection with share buyback programme to hedge the company’s share-based incentive programmes

Core Viewpoint - Bang & Olufsen has initiated a share buyback programme to hedge its share-based long-term incentive programmes, complying with EU regulations [1]. Group 1: Share Buyback Programme Details - The share buyback programme commenced on 15 August 2025 and will conclude no later than 14 August 2026, with a total buyback amount of up to DKK 65 million [2]. - As of the period from 15 to 19 September 2025, Bang & Olufsen has repurchased a total of 130,000 shares at an average price of DKK 14.04, amounting to a transaction value of DKK 1,825,381.50 [3]. - Cumulatively, under the programme, Bang & Olufsen has acquired 645,329 shares at an average price of DKK 14.63, with a total transaction value of DKK 9,444,115.39 [3]. Group 2: Current Shareholding Status - Following the recent transactions, Bang & Olufsen holds a total of 3,758,512 own shares, which represents 2.55% of the total share capital and voting rights in the company [3].