GN Making Life Sound Better

Ambitious mid-term targets GN Hearing (Excl. Emerging business) GN Audio (Incl. SteelSeries) GN Store Nord Organic revenue growth EBITA margin Growth in EPS >market growth1 >20% >market growth² >20% >10% >10% 1) In the mid-term, GN Hearing expects the global hearing aid market to continue to grow at -4 -6% in units with an ASP decline of ~1 - 2% annually 2) In the mid-term, GN Audio expects its markets to continue to grow at ~10% annually GN Making Life Sound Better 45 GN

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