Development of the Annual General Meeting on Thursday 14 March 2024 - Seite 2

           Robert Maersk Uggla, Marc Engel, Kasper Rørsted, Marika Fredriksson, Thomas Lindegaard Madsen, Julija Voitiekute, Arne Karlsson, Bernard Bot, Amparo Moraleda and Allan Thygesen.

7. Election of auditors.

       
           PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as auditor of the Company. The election applied to both statutory financial and sustainability reporting.

8. Deliberation of any proposals submitted by the Board of Directors or by shareholders.

1. The General Meeting adopted the Board’s proposal of authorisation to the Board of Directors to declare extraordinary dividend until the first annual general meeting in 2025.
2. The General Meeting adopted the Board’s proposal to decrease the Company’s share capital as follows:

The share capital will decrease from nominally DKK 17,569,715,000 with nominally DKK 1,740,773,000 in total, divided into 350,555 A shares and 1,390,218 B shares of DKK 1,000 to nominally DKK 15,828,942,000 by cancellation of own shares.

The capital decrease will take place at a premium as it will take place at a price of 1,246.68 and 1,263.89 for A and B shares, respectively, cf. section 188, (2) of the Danish Companies Act, corresponding to the average price at which the shares have been repurchased. The amount from the capital decrease will be paid out to the Company as owner of the shares as the amount will be transferred from the Company’s capital reserves to the free reserves.

Consequently, article 2.1 of the Articles of Association will be changed with effect from the completion of the capital decrease.

3. The General Meeting approved the Board’s proposal of an indemnification scheme for Board members of the Company.
4. The General Meeting adopted the Board’s proposal of a new article 19 in the Articles of Association reflecting the indemnification scheme approved under item H.3.
5. The shareholders AkademikerPension and LD Fonde’s proposal that in line with the Company’s commitment to respect human rights and in line with the UN Guiding Principles on Business and Human Rights (UNGP), the Company and the Directors be authorized and directed by the shareholders to publicly disclose sufficient documentation regarding the Company’s human rights due diligence process in accordance with the UNGP was not adopted.
6. The shareholder Lotta Aho’s proposal that the Company should start enforcing the Company’s Supplier Code of Conduct was not up for decision.

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