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ReSound ONE - Investor and analyst introduction

August 27, 2020

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Agenda

Introduction to ReSound ONE – Gitte Aabo, CEO

Technical perspectives on ReSound ONE – Gitte Aabo, CEO

Audiology perspectives on ReSound ONE – Laurel Christensen, Chief Audiology Officer

Q&A

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New chipset, new software and M&RIE

ReSound ONE introduces an additional microphone in the ear –

utilizing the individual ear

ReSound ONE is truly groundbreaking and will set the standard for

the future of the industry

Hearing loss is as unique as a fingerprint due to the shape of the

outer ear

79% of hearing aids sold are BTE and RIE models where the

microphones are placed behind the ear. These models have a number of

benefits despite reduced sound quality

Introducing ReSound ONE

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Agenda

Introduction to ReSound ONE – Gitte Aabo, CEO

Technical perspectives on ReSound ONE – Gitte Aabo, CEO

Audiology perspectives on ReSound ONE – Laurel Christensen, Chief Audiology Officer

Q&A

Organic hearing - GN Hearing continues to deliver industry firsts

19881st WDRC used

in a hearing aid

19931st DSP & DFS

used in hearing aid

20031st to introduce an open

mini BTE

20141st Made-for-iPhone

hearing aids

20121st to introduce

2.4 GHz e2e

technology

20201st to introduce All Access

Directionality & M&RIE

With ReSound ONE we once again will change the

industry and advance our goal of providing the most

organic hearing possible

20081st to introduce

Asymmetric directionality

WDRC: Wide Dynamic Range Compression

DSP: Digital Signal Processing

DFS: Digital Feedback Suppression

e2e: Ear to Ear

ULTRA FOCUS

BENEFITS

• Ultra Focus is a powerful binaural beamformer

to help patients focus on the person in front of

them in very noisy environments with up to

30% improvement in speech understanding

over All Access Directionality*

• Confidence to hear in the most difficult

situations

• User Controlled

ReSound ONE brings a truly individualized customer experience for all listening

situations

*Groth J.(2020). The evolution of the binaural hearing strategy: AllAccess Directionality and Ultra Focus. ReSound white paper.

ALL ACCESS DIRECTIONALITY

BENEFITS

• Automatically steering the best microphone

choice for the situation using artificial

intelligence

• Enjoy conversations and sounds without being

cut off from your surroundings

• Directionality is improved by using new 4-

microphone beamformer

M&RIE

BENEFITS

• Spatial perception allowing sound to be

separated in depth and direction improving both

localization and hearing in low levels of noise

• Wind Noise Reduction due to the location of the

microphone in the ear away from the wind

• Natural Sound Quality

• Natural Directionality

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Our most natural sound quality

in an RIE hearing aid

*With mild hearing loss, compared to pinna compensation and omnidirectionality

**With mild hearing loss, compared to traditional microphone configurations

***Compared to omnidirectionality

Groth J. (2020). An innovative RIE with microphone in the ear lets users “hear with their own ears." ReSound white paper.

90%of listeners prefer* M&RIE

for natural sound quality

10%more accurate sound** recognition

from the front and back

15dBnatural wind noise*** reduction

without reducing gain

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Improved localization & natural sound quality

*Groth, 2020

Open Ear

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Microphone in the ear [M&RIE]

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Open Ear

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*Groth, 20209

M&RIE and Localization

• Compare M&RIE localization performance to:

1. Unaided

2. Omnidirectional

3. Spatial Sense (average pinna compensation)

4. Competitors’ default programs with pinna

compensation

participants

• 10 normal-hearing and 10 hearing-impaired participants

• Test participants sat in the middle of twelve loudspeakers in GN’s 3D Audio Lab

• 250 ms white noise bursts were played randomly from one of the loudspeakers.

• The test participant responded by stating from which loudspeaker he/she thought the stimulus was played

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Results: Average Localization Error

Normal-Hearing Participants

Jespersen, Kirkwood, and Schindwolf, 2020

Better Better

Hearing-Impaired Participants

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*Groth, 2020

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Rating

M&RIE Pinna compensation

Overall sound quality

Average

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M&RIE Pinna compensation

The results are as clear as the sound of ReSound ONE

Spatial sound quality

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All Access

Automatically adjusts directional microphone patterns so that the patient is in the best position to hear what’s important and still monitor the sounds around them

In noise, All Access Directionality uses a new binaural connection to create a stronger, morefocused beam for sounds in front of the patient. providing up to 20% better* speech intelligibility in noise

Unique in using weighted beamformer blending and multiband directionality to provide the best possible signal to noise ratio

All Access Directionality

*Compared to ReSound LiNX Quattro13

Ultra Focus

The user-controlled Ultra Focus uses a powerful directional pattern to focus on the person in front in very noisy environments

By uniquely using the speech frequencies for targeted directionality and the high and low frequencies to monitor the environment, patients can hear speech and maintain spatial cues around them

The outcome is a renewed confidence in situations which they might otherwise have avoided

Ultra Focus

30% speech understanding improvement over All Access Directionality*

Beamformer enabled by a new magnetic induction radio

1.5 dB signal-to-noise improvement when noise is louder on one side*

*Groth J.(2020). The evolution of the binaural hearing strategy: All Access Directionality and Ultra Focus. ReSound white paper14

Designed for comfort, discretion, and performance

• RIE (rechargeable and non-rechargeable)

• Mini-RIE (non-rechargeable)

• New Colors

• New Domes

• New Standard Receivers

• M&RIE Receiver

Product offering

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Agenda

Introduction to ReSound ONE – Gitte Aabo, CEO

Technical perspectives on ReSound ONE – Gitte Aabo, CEO

Audiology perspectives on ReSound ONE – Laurel Christensen, Chief Audiology Officer

Q&A

Groundbreaking hardware and

software improvements paved the way

for ReSound ONE

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Note 1: Fully Depleted Silicon On Insulator Note 2: Compared to ReSound LiNX Quattro

Note 3: PMAD: Power Management and Analog to Digital converter chip

New

chipset

New

software

M&RIE

• New DSP in 28 nm FDSOI1 technology driving:

• 220% more memory2

• 50% more processing power2

• 66% less battery consumption2

• New PMAD3 allowing for three microphones

• New magnetic induction radio chip allowing for audio

e2e communication

• New software package with enhanced artificial

intelligence solutions

• New DFS Ultra III

• Our new chipset and software allow for placing a third

microphone in the ear – you will be listening “with your

own ears”

Introducing M&RIE

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Agenda

Introduction to ReSound ONE – Gitte Aabo, CEO

Technical perspectives on ReSound ONE – Gitte Aabo, CEO

Audiology perspectives on ReSound ONE – Laurel Christensen, Chief Audiology Officer

Q&A

Premium and standard charger available

• Battery status indicators (Premium & standard)

• Battery status can be monitored in the ReSound Smart 3D™ app

• Premium charger holds 3 full charges

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Rechargeability