GN Store Nord A/S: Transactions in relation to share buyback program

Acting under its share buyback authorization, the GN Store Nord board of
directors initiated a share buyback program on May 4, 2017 in accordance with
article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse
and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred
to as the Safe Harbor rules (company announcement no. 20 of May 4, 2017). 

The share buyback program has been initiated in order to reduce the company's
share capital and to cover obligations under the long-term incentive program.
Under the share buyback program, which is running from May 4, 2017 and ending
no later than March 12, 2018, GN intends to buy back shares for an amount of up
to DKK 1,000 million. 

The following transactions have been made under the program in the period
November 21, 2017 - November 27, 2017: 

                            No. of       Average purchase     Transaction Value,
                            shares          price, DKK               DKK        
--------------------------------------------------------------------------------
   November 21, 2017          10,000                  212.14           2,121,360
--------------------------------------------------------------------------------
   November 22, 2017          10,000                  215.73           2,157,328
--------------------------------------------------------------------------------
   November 23, 2017          40,000                  211.94           8,477,544
--------------------------------------------------------------------------------
   November 24, 2017          10,500                  209.62           2,201,016
--------------------------------------------------------------------------------
   November 27, 2017          14,100                  208.12           2,934,481
--------------------------------------------------------------------------------
 Accumulated under the     2,902,699                  201.62         585,248,205
        program                                                                 
--------------------------------------------------------------------------------

In the period from November 21, 2017 to November 27, 2017 the exercise of
warrants under GN's incentive programs have resulted in a transfer of 6,911 GN
shares to key employees. 

Following the above transactions GN owns a total of 8,828,004 own shares
corresponding to 6.1% of the company's total share capital. Every Tuesday, GN
will announce the number and value of repurchased shares in company
announcements to Nasdaq Copenhagen. 

For further information, please contact:

Investors and analysts
Peter Justesen
VP - Investor Relations & Treasury
Tel: [phone]

Press and the media
Lars Otto Andersen-Lange
Group Media Manager
Tel: [phone]

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). 

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and
Twitter.

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