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GN Making Life Sound Better

GN at a glance • • Global leader in intelligent audio solutions Founded in 1869 and listed on Nasdaq Copenhagen Technology-driven company primarily developing and manufacturing hearing aids (GN Hearing) and headsets, speakers and video (GN Audio) Innovation leader with expertise in the human ear, sound and wireless technology under one roof Unique portfolio of medical, professional and consumer audio solutions and deep R&D expertise (total R&D spend of DKK 1.4 billion per year) Strong track record of strategic partnerships with leading channels, customers and adjacent industry technology leaders Access to attractive and growing gaming gear market through the acquisition of SteelSeries Business areas and brands GN Hearing Global reach, local presence Countries with GN offices Countries with GN distributors Financial summary Revenue & organic growth (DKK million & %) EBITA & EBITA margin (DKK million & %) FCF & cash conversion* (DKK million & %) 15,775 1,865 2,619 10,607 12,574 15% 13,449 20% 2,321 1,296 1,956 1,866 1,110 100% 9% 18.4% 18.5% 57% 56% 702 16.6% 27% 13.9% ReSound GN GN Audio Interton GN Jabra GN Beltone Jabra GN blueparrott GN FALCOM GN 13% T AUDIGY DANAVOX GN GN Making Life Sound Better steelseries 7 2018 2019 2020 2021 2018 2019 2020 2021 2018 2019 2020 2021 *FCF: Free cash-flow excluding M&A, cash conversion: FCF / EBITA GN
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