Niels Jacobsen, Deputy Chairman

(born 1957)

Joined the Board of Directors in 2017 and was re-elected in 2019 for a term of one year. He is a member of the audit, nomination and remuneration committee. Because of his position as CEO of William Demant Invest A/S, he is not considered independent.

• William Demant Invest A/S, CEO

• KIRKBI A/S, deputy chairman

• Nissens A/S, chairman

• Thomas B. Thrige Foundation, chairman

• ABOUT YOU Holding GmbH, deputy chairman

Additional William Demant Invest and Demant A/S-related duties:

Jeudan A/S, chairman; Össur hf., chairman; Vision RT Ltd., chairman; Founders A/S, chairman; Boston Holding A/S, board member; Sennheiser Communications A/S, board member and HIMPP A/S, chairman.

Niels Jacobsen holds a Master of Science degree in Economics from Aarhus University. He has extensive leadership experience from major international companies. His competencies include business management and in-depth knowledge of financial matters, accounting, risk management and M&A. He has broad experience from the global healthcare industry.

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About Demant

Listed on the Nasdaq Copenhagen stock exchange as one of the 25 most traded shares in terms of free floated market capitalisation, also known as the C25 index, Demant is the parent company behind the commercial successes of such world-renowned brands as Oticon, Bernafon, Sonic, Audika, Oticon Medical, MAICO, Interacoustics, Amplivox, Grason-Stadler, MedRx and Sennheiser Communications. William Demant Invest A/S, a company wholly owned by William Demant Foundation, holds the majority of shares in Demant A/S, providing stability and strength for the long haul.

The Demant Group operates in a global market with companies in more than 30 countries, employs more than 14,000 staff and generates annual revenue of DKK 14 billion. Our products are sold in more than 130 countries where we create life-changing differences through hearing health.

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