The GN Ethics Guide is managed and updated by the Group Business Ethics & Compliance department and applies to all GN employees, including members of the Board of Directors. The GN Ethics Guide is aligned with generally accepted standards of ethical business conduct as well as applicable regulations. It is publicly available on GN’s website in ten different languages via www.gn.com/documents and for employees also via GN’s intranet. All employees and consultants are required to complete the annual mandatory Ethics Guide e-learning. In-person training is also offered where needed. Additionally, all new employees are asked to read and acknowledge the GN Ethics Guide as part of their onboarding.

As this positive impact is inherent to the core activity in our Hearing division, it is not covered in a policy as such. The core action towards maximizing our positive impact is growing our Hearing business, which is reflected in our expected organic growth of 5-8% annually until 2028. Beyond that, we seek to further increase our impact by introducing new product categories, such as over-the-counter hearing aids, as well as efforts to increase broader awareness of the benefits of hearing health provided by our products. For more information on this, see LISTEN TO THIS™ on page 11.