Tivoli A/S – Course of the Annual General Meeting

Tivoli A/S held the Annual General Meeting on Thursday 29 April 2021 with the agenda as attached. 

The annual report was approved, including the Board of Directors' proposal not to distribute dividends due to dividend limitations caused by compensation received for fixed cost and due to the company's negative financial results. 

The following proposals from the Board of Directors were approved: 

• The Board of Directors' remuneration for 2021. 
  
  

The remuneration report was approved.

The current members of the Board of Directors elected by the Annual General Meeting, Tom Knutzen, Claus Gregersen, Mads Lebech and Ulla Brockenhuus-Schack were re-elected. In addition, the two employee representatives, John Høegh Berthelsen and Tue Krogh-Lund, are members of the Board of Directors. 

As proposed by the Board of Directors, PwC was elected as auditor for Tivoli A/S.  

At the subsequent meeting of the Board of Directors, the Board of Directors elected Tom Knutzen as chairman and Mads Lebech as deputy chairman. 

Yours faithfully,  
Susanne Mørch Koch 
CEO  

For shareholders of Tivoli A/S  
  
General Meeting in Tivoli  
  
The board of directors of Tivoli A/S hereby convenes the company's annual general meeting on Thursday, April 29, 2021 at 13:30 CET. 
  
In view of the ban on assemblies issued and other recommendations from the authorities to prevent the spread of COVID-19, Tivoli's board of directors has decided to hold the annual general meeting as a completely electronic (virtual) general meeting. This is in accordance with Section 1 of the Danish Executive Order no. 2240 of 29 December 2020 which allows companies to conduct fully electronic general meetings even though it is not approved by the shareholders in advance nor stated in the company’s articles of association.  

Hence, shareholders will this year unfortunately not have the possibility to attend the general meeting in person. However, all shareholders may attend via a general meeting portal (VGM Portal), where shareholders may follow a livestream, submit questions/comments in writing and vote in case ballots are held.