Niels Jacobsen, Deputy Chairman

(born 1957)

Joined the Board of Directors in 2017 and was re-elected in 2020 for a term of one year. He is a member of the audit, nomination, remuneration and IT security 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

• EKF Danmarks Eksportkredit, board member

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 and Boston Holding A/S, board member.

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

The Demant Group operates in a global market with companies in more than 30 countries, employs more than 16,000 employees and generates an annual revenue of DKK 14.5 billion. Our products are sold in more than 130 countries where we create life-changing differences through hearing health.

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, Philips HearLink, Audika, Oticon Medical, MAICO, Interacoustics, Amplivox, Grason-Stadler, MedRx, Audioscan, and EPOS. 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.

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