No. 18/2020 - Notice to convene annual general meeting 29. juni 2020 - Seite 2

It will be possible to follow the general meeting in a virtual meeting room as a link can be obtained by writing to [e-mail].

The agenda of the annual general meeting is the following:

1. The management's report on the Company's activities during the preceding financial year.
2. Presentation of the revised annual report for adoption.
3. The Board of Directors' proposal for appropriation of profit or covering of loss according to the adopted annual report.
4. Approval of the Board of Directors' fees for the current financial year.

The Board of Directors proposes to change the basic fee for the current financial year 2020 from DKK 140,000 to DKK 160,000.

The chairman of the Board of Directors will receive the basic fee multiplied by a factor of 2.5, and the vice-chairman will receive the basic fee multiplied by a factor of 1.75.

5. Election of members to the Board of Directors.
   
   

The Board of Directors proposes to re-elect:


Frede Clausen, chairman, age 60
Holds an economics diploma in accounting and financial management
Various banking educations
Elected chairman in 2018
Other duties and offices:
CEO of Frede Clausen Holding ApS
Chairman in DevelopNord A/S
Chairman in PE Skagen ApS
Chairman in Palma Ejendomme A/S
Vice Chairman of K/S Købmagergade 59. st.
Board member of Malik Supply A/S
Board member of Core Poland Residential V Kommanditaktieselskab
Board member of Core Poland Residential V Investoraktieselskab Nr. 1
Board member of Core Poland Residential V Investoraktieselskab Nr. 2
Independent
Special competences: Acquisition, sale, valuation and rental of business and investment properties as well as property management
Languages: Danish and English

Eivind Dam Jensen, vice-chairman, age 68
Member of the Danish Association of Chartered Estate Agents, Diploma in Administration
Chartered Estate Agent
Elected vice-chairman in 2005
Other duties and offices:
Owner of Chartered Estate Agency E. Dam Jensen
Chairman and sole shareholder of A/S Eivind Dam Jensen
Owner of Brundtland Golfcenter (via A/S Eivind Dam Jensen)
Non-independent
Special competences: Acquisition, sale, valuation and rental of business and investment properties as well as property management
Languages: Danish, English and German.


Joanna L. Iwanowska-Nielsen, age 51
Real Estate Expert
Foreign trade, organisation and management from the Warsaw School of Economics
Joined the Board of Directors in 2016
Other duties and offices:
Member of the Board of Directors of WildaNova Sp.z.o.o. (Poland)
Managing Partner of NOLTA Consultants and NOLTA Career Experts