Alm. Brand — AGM Information 2015

Apr 27, 2015

Copenhagen, 2015-04-27 13:42 CEST (GLOBE NEWSWIRE) -- The annual general
meeting of Alm. Brand A/S held today was conducted in accordance with the
agenda and the complete proposals submitted by the Board of Directors.

The Annual Report for 2014 was approved, and discharge was granted to the Board
of Directors and the Management Board. Moreover, the Board of Directors’
proposal to distribute a dividend of DKK 0.50 per share in respect of 2014 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. Arne
Nielsen did not seek re-election whereas the other board members were
re-elected. Anette Eberhard was elected as new member of the Board of
Directors. Accordingly, the Board of Directors consists of Jørgen Hesselbjerg
Mikkelsen, Boris Nørgaard Kjeldsen, Ebbe Castella, Henrik Christensen, Anette
Eberhard, Per V.H. Frandsen, Karen Sofie Hansen-Hoeck and Jan Skytte Pedersen
as well as four group representatives elected by the employees. Jesper Bach,
Asger Bank Møller Christensen, Gustav Garth-Grüner, Kristian Kristensen and Ib
Østergaard Nielsen were re-elected as alternates.

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

The remuneration policy for the Alm. Brand Group and general guidelines
regarding incentive-based remuneration in Alm. Brand A/S, cf. section 139 of
the Danish Companies Act, were approved.

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.

     Please direct any questions regarding this announcement to Susanne

Biltoft, Head of Information and Investor Relations, on tel. +45 35 47 76 61.