Danske Bank A/S: Annual general meeting of Danske Bank 2018

Company announcement      Danske Bank        
Announcement No. 18/2018  Holmens Kanal 2-12 
                          DK-1092 København K
                          Tel. [phone]  
                          15 March 2018      

                                        

                   Annual general meeting of Danske Bank 2018

At the annual general meeting of Danske Bank on Thursday, 15 March 2018, the
general meeting 

·         approved Annual Report 2017 and the proposal for allocation of profits

·         re-elected Ole Andersen, Lars-Erik Brenøe, Jørn P. Jensen, Rolv Erik
Ryssdal, Carol Sergeant and Hilde Tonne to the Board of Directors and elected
Jens Due Olsen and Ingrid Bonde to the Board of Directors 

·         re-appointed Deloitte Statsautoriseret Revisionspartnerselskab as
external auditors 

·         adopted the Board of Directors' proposals to amend the Articles of
Association for: 

1.      reduction of Danske Bank's share capital according to article 4.1

2.      extension and reduction of the Board of Directors' authority according
to articles 6.1-6.3 regarding capital increases with pre-emption rights 

3.      extension and reduction of the Board of Directors' authority according
to articles 6.5-6.7 regarding capital increases without pre-emption rights 

4.      deletion of article 15.4 stipulating an age limit of 70 years for
members of the Board of Directors 

5.      increase of the maximum number of members of the Executive Board
according to article 19.1 

·         adopted the Board of Directors' proposal to renew and prolong the
Board of Directors' existing authority to acquire own shares 

·         adopted the proposal for the Board of Directors' remuneration in 2018

·         adopted the Board of Directors' proposal for adjustments to the
existing Remuneration Policy 

At the board meeting held immediately after the annual general meeting, Ole
Andersen was elected chairman and Carol Sergeant vice chairman of the Board of
Directors. 

The composition of the Board's committees will be announced at danskebank.com
under Corporate Governance as soon as possible. 

                                Yours faithfully

                                  Danske Bank

                         Board of Directors Secretariat

                                        

                              Nethe Rosa Hjørland

                                        

Contact:

Kenni Leth, Group Press Officer, tel. [phone]

Attachment:
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