Bang & Olufsen A/S - Transactions in connection with share buyback programme to hedge the company’s share-based incentive programmes

Core Points - Bang & Olufsen initiated a share buyback programme on 15 August 2025 to hedge its share-based long-term incentive programmes in compliance with EU regulations [1] - The share buyback programme is set to run from 15 August 2025 to 14 August 2026, with a maximum buyback amount of DKK 65 million [2] Transaction Summary - As of the period from 29 September to 3 October 2025, Bang & Olufsen has repurchased a total of 109,500 shares at an average price of DKK 13.13, amounting to a transaction value of DKK 1,438,221.30 [3] - Cumulatively, under the share buyback programme, Bang & Olufsen has repurchased 867,329 shares at an average price of DKK 14.36, with a total transaction value of DKK 12,455,027.09 [3] - Following these transactions, Bang & Olufsen holds a total of 2,722,964 own shares, representing 1.85% of the total share capital and voting rights [3]