DGAP-Ad hoc: GN Store Nord A/S

Announcement NO. 51 October 18, 2017

Jury rules in favor of Plantronics in GN Audio's lawsuit against Plantronics

Today, a jury in the Federal District Court in Wilmington, Delaware, has ruled in favor of Plantronics in the lawsuit brought by GN Audio against Plantronics. In 2012, GN Audio filed a lawsuit against Plantronics for unlawful monopolization of the distributors market in the US. The jury has not found that Plantronics' behavior in the market place was unlawful.

GN Audio will, upon receipt of the written reasons for the judgment, decide whether or not it will appeal the decision.

This announcement does not change the financial guidance for 2017.

For further information, please contact:

Investors and analysts
Peter Justesen
VP - Investor Relations & Treasury
Tel: +45 45 75 87 16

Press and the media
Steen Frentz Laursen
VP - Group Communication
Tel: +45 45 75 07 21
About GN Group
GN Group is a global leader in intelligent audio solutions that let you hear more, do more and be more than you ever thought possible. We transform lives through the power of sound: Smart Hearing aids that enhance the lives of people with hearing loss; integrated headset and communications solutions that assist professionals in all types of businesses to be more productive; wireless headsets and earbuds designed to support any lifestyle - from sports enthusiasts to commuters and office workers.

With world leading expertise in the human ear, sound, wireless technology and miniaturization, GN's innovative and intelligent audio solutions are marketed by the brands Jabra, ReSound, Beltone and Interton in 100 countries across the world. Founded in 1869, the GN Group today has more than 5,000 employees and is listed on Nasdaq Copenhagen (GN.CO).

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