GN Making Life Sound Better

GN uniquely positioned for future growth with its distribution approach GN refrains from vertical integration Вн |日日日 Focus on core competencies Innovation excellence No competition with customers Strategic partnerships Strategic agility Efficient use of capital Focus on independent retail markets The vast majority of the retail market is not locked by manufacturers GN Making Life Sound Better 65-75% >75% Note: Selected countries with indication of unit share of market not locked by manufacturers (GN Hearing estimates) 23 +85% of the global market is not locked by hearing aid manufacturers GN has significant room to grow its global market share GN

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