GN Making Life Sound Better

Financial guidance 2022 GN Hearing - Core business organic - Emerging business¹) (DKK million) GN Audio 2) 6) - GN Audio organic - SteelSeries Other (DKK million) GN Store Nord Organic revenue growth Adjusted EBITA margin³ 3) Non-recurring items (DKK million)4) Growth in adjusted EPS 5) 5-8% ~14% 2 ~ -150 ~ -200 14-15% ~ -500 -7% to -5% better than -25% 2 -190 ~ -30% Note 1) Emerging Business mainly includes the Lively acquisition Note 2) The SteelSeries organic revenue growth will be reported as M&A growth for GN Audio Note 3) Excluding non-recurring items Note 4) Non-recurring items in GN Hearing primarily related to supply chain investments (DKK - -150m) and in GN Audio related to transaction and integration costs (DKK - -200m) as well as non-cash PPAs (DKK ~ -200m), associated with SteelSeries and cost reduction measures (DKK ~ -100m) Note 5) Compared to 2021 adjusted EPS (excluding non-recurring items and amortization and impairment of acquired intangible assets) of DKK 15.29 Note 6) Reflecting updated FX assumptions for 2022 following the significant appreciation of the USD since August 2022 Financial guidance based on foreign exchange rates as of November 11, 2022 GN Making Life Sound Better 44 GN

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