Alm. Brand — AGM Information 2013

Apr 25, 2013

The annual general meeting of Alm. Brand A/S held today was conducted in
accordance with the agenda and the full-text proposals submitted by the Board
of Directors.

The Annual Report for 2012 was approved, and discharge was granted to the Board
of Directors and the Management Board. Moreover, the Board of Directors’
proposal that no dividend be distributed in respect of 2012 was adopted.

The Board of Directors’ proposal that it be authorised during the period until
the next annual general meeting to let the company acquire treasury shares up
to 10% of the share capital was adopted.

All board members elected by the shareholders were up for election and all were
re-elected. Furthermore, Ebbe Castella and Karen Sofie Hansen-Hoeck were
elected. As a result, the Board of Directors consists of Jørgen Hesselbjerg
Mikkelsen, Boris Nørgaard Kjeldsen, Ebbe Castella, Henrik Christensen, Per V.H.
Frandsen, Karen Sofie Hansen-Hoeck, Arne Nielsen and Jan Skytte Pedersen as
well as four group representatives elected by the employees. Søren Ammitzbøll,
Jesper Bach, Ib Østergaard Nielsen, Kristian Kristensen and Asger Bank Møller
Christensen were re-elected as alternates.

Deloitte Statsautoriseret Revisionspartnerselskab was re-appointed as the
company's auditor.

The remuneration policy for the Alm. Brand Group proposed by the Board of
Directors was approved. Furthermore, a number of questions asked by two
shareholders were discussed.

At a meeting held after the general meeting, the Board of Directors re-elected
Jørgen Hesselbjerg Mikkelsen as its Chairman and Boris Nørgaard Kjeldsen as its
Deputy Chairman.

Contact

Please direct any questions regarding this announcement to Søren Boe Mortensen,
CEO, on tel. +45 35 47 79 07 or Susanne Biltoft, Head of Information and
Investor Relations, on tel. +45 35 47 76 61.