Alm. Brand — AGM Information 2016

Apr 27, 2016

The annual general meeting of Alm. Brand Bank A/S held today was conducted in
accordance with the agenda and the complete proposals.

The Annual Report 2015 was approved, and discharge from liability was granted
to the Board of Directors and the Management Board.

The resolution proposed by the Board of Directors to transfer the loss for the
year of DKK 248,853 thousand after tax to shareholders’ equity was adopted.

All board members elected by the shareholders were up for election and all
board members elected by the shareholders, Jørgen Hesselbjerg Mikkelsen, Boris
Nørgaard Kjeldsen, Jan Skytte Pedersen, Anette Eberhard, Ebbe Castella and
Søren Boe Mortensen, were re-elected.

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

The remuneration policy for the Alm. Brand Group proposed by the Board of
Directors was approved.

At a meeting held after the general meeting, the Board of Directors elected
Jørgen Hesselbjerg Mikkelsen as its Chairman and Jan Skytte Pedersen as its
Deputy Chairman.

Contact

Please direct any questions regarding this announcement to:

Kim Bai Wadstrøm, Managing Director, tel. +45 35 47 70 14, or Susanne Biltoft,
Head of Information and Investor Relations, tel. +45 35 47 76 61.