Update on IT infrastructure incident

Demant Group experienced a critical incident on our internal IT infrastructure on 3 September 2019. The Group’s IT infrastructure was hit by cyber-crime. Our quick response to the issue by shutting down IT systems across multiple sites and business units, contained and limited the issue.

Our gradual and extensive recovery is running according to plans and prioritisations, and the organisation is working intensely with progress in a structured and thorough manner. We are continuously getting parts of the it-infrastructure up and running; we do, however, continue to have core IT systems closed in order to recover safely.

We do not have any indications that any personal data has been accessed or extracted from our systems as part of this incident and potential damage still appears to be contained. We continue to investigate this matter and will notify any issues to relevant authorities as required.

During the recovery, we operate the business in the best possible ways. We are doing our utmost to service and communicate with our customers and users. We truly apologise for any inconvenience the incident may have caused.

Currently, we have no conclusion on the duration or business impact of the incident.

We have no further comments. We will update when we have significant, additional information.

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Further information:Søren Nielsen, President & CEOPhone +45 3917 7300www.demant.com Other contacts:René Schneider, CFOSøren B. Andersson, VP Investor Relations & Corporate StrategyTrine Kromann-Mikkelsen, VP Corporate Communication and Relations