I have the same issue with my BS2. I think it is sine the switch to B&O Radio? Hope they will soon fix this.  

On ASE products there is a bug when you set the alarm the "easy" way but there is a way to do it. Go to Product Settings -> Configure -> Clocks and Timers -> Alarms You will see your current alarms there and when you edit them you can change the alarm action, save it, and you are good!  

Interesting, will try this out, thanks!

That was the original way to configure the Beosound 2 or any other ASE system.  This was before the B&O app came out.  You would access the configuration page through a web browser with the URL similar to: https://beosound-2-26000000.local./index.fcgi where 26000000 would be the serial number of the unit. It still works, but it is easier to get to it now through tbe B&O app with Product settings -> Configure  

Great information.  Thanks!

Oh, and make sure your time zone (Location) is correct.  One time after resetting my Beosound 2 I forgot to set the time zone and woke up 6 hours early! It's under Settings -> Country  

Another question, do all BS2 versions have the alarm option? My BS2 and my friend’s A9 both without GVA have the alarm function but my A9 with GVA has not. I don’t really get why it is missing from my A9, seems a bit arbitrary.

I have the original Beosound 2 so I don't know about the next iteration.  I remember it took a little while for the Mozart products to get the alarm.  I don't use GVA but would that have an alarm function?  I don't know why B&O wouldn't include it across the board.

Likely not the A9 that is the exception, rather its GVA-ness:  Wasn't it the case that with GVA loaded, Google had control of your calendar(==schedule) thus prohibited licensees from having a function that "ought" to be done inside the Google ecosystem?  Therefore I believe if you tell your Google Assistant to set an alarm on that device, it works just like Googoolians would expect.  (Based on faded memories; I returned the only GVA product I ever purchased when it kept shouting at me its microphone was turned off.  Too bad, really, it was the dregs of the BeoSound 1 NewYork Editions and was a real bargain.)