Scandinavian Tobacco Group A/S - Results of the Annual General Meeting - Seite 2

 5.    Reduction of the Company’s share capital

The general meeting approved the Board of Directors’ proposal that the Company’s share capital is reduced by cancelling some of the Company’s treasury shares of a nominal value of DKK 2,500,000. After the reduction, the nominal value of the Company’s share capital will be DKK 97,500,000.

Prior to the implementation of the capital reduction, the Company’s creditors will be requested to file any claims they may have against the Company within a period of 4 weeks. The request will be published via the Danish Business Authority’s IT system. The capital reduction will be implemented after expiry of the said 4-week deadline. Once the capital reduction has been completed, Articles 3.1, 5.1 and 6.1 of the Company’s Articles of Association will be amended to reflect the resolution to reduce the share capital. The Company will publish an announcement once the reduction of the share capital has been completed.

 6.    Authorisation to the Board of Directors to resolve that the Company’s general meetings shall be held as completely electronic general meetings

The general meeting approved the Board of Directors’ proposal that the Company’s Board of Directors is authorised to resolve that the Company’s general meetings shall be held electronically without access to any physical attendance, i.e. as completely electronic general meetings in accordance with section 77(2) of the Danish Companies Act. Consequently, a new Article 7.4 is included in the Company’s Articles of Association.

 7.    Language of company announcements etc.

The general meeting approved the Board of Directors’ proposal that information disclosed pursuant to applicable securities legislation, including company announcements, shall be in English only going forward. Consequently, a new Article 11.7 is included in the Company’s Articles of Association.

Accordingly, this will be the last company announcement that is available in both Danish and English. Going forward, company announcements will only be in English.

 8.    Election of members to the Board of Directors

The general meeting re-elected Nigel Northridge, Henrik Brandt, Dianne Blixt, Marlene Forsell, Claus Gregersen, Luc Missorten and Anders Obel and elected Henrik Amsinck as members of the Board of Directors.

 9.    Election of auditor(s)

PricewaterhouseCoopers Statsautoriseret Revisionspartnerskab was re-elected as auditor of the Company.

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