Demant A/S: Transactions with Demant shares by Board of Directors and Executive Board and closely related parties

Company announcement no 2024-05

28 February 2024

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Niels Jacobsen

2.

Reason for the notification

a)

Position/status

Vice Chair of the Board of Directors

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer

or auction monitor

a)

Name

Demant A/S

b)

LEI

213800RM6L9LN78BVA56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

instrument, type of instrument

Identication code

Shares

DK0060738599

b)

Nature of the transaction

Sale

c)

Price(s) and volume(s)

Price                  Volume

DKK 366.62         100,000 shares

Minimum price  DKK 364.55

Maximum price DKK 369.40

d)

Aggregated information:

- Aggregated volume

- Price

100,000 shares

DKK 366.62

e)

Date of the transaction

27 February 2024

f)

Place of the transaction

Nasdaq Copenhagen A/S

Further information:

Mathias Holten Møller, Head of Investor Relations

Peter Pudselykke, Investor Relations Officer

Henrik Axel Lynge Buchter, Manager of External Communications

Phone +45 3917 7300

www.demant.com