Reporting of Manager's transaction in Bang & Olufsen shares

Company Announcement No 17.14

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 announcement for further information.

For further information please contact:

Head of IR, Claus Højmark Jensen, tel: +45 9684 1251

http://prlibrary-eu.nasdaq.com/Resource/Download/f8b8053b-9ab6-4eea-88c4-48285d810803