Danske Bank — AGM Information 2014

Mar 18, 2014

Company announcement Danske Bank
Announcement No. 10/2014 Holmens Kanal 2-12
DK-1092 København K
Tel. +45 33440000
18 March 2014

               Annual general meeting of Danske Bank 2014

At the annual general meeting of Danske Bank on Tuesday, 18 March 2014, the
shareholders

-- approved the Annual Report 2013 and the allocation of net profit
-- re-elected Ole Andersen, Urban Bäckström, Lars Förberg, Jørn P. Jensen,
Carol Sergeant, Jim Hagemann Snabe and Trond Ø. Westlie to the Board of
Directors, and elected Rolv Erik Ryssdal
to the Board of Directors
-- re-appointed KPMG Statsautoriseret Revisionspartnerselskab, CVR-No.
30700228 as external auditors
-- adopted the Board of Directors’ proposals to amend the Articles of
Association
-- adopted the proposal to renew and prolong the Board of Directors’ existing
authority to acquire own shares
-- adopted the proposal for the Board of Directors’ remuneration in 2014
-- adopted the Board of Directors’ proposal for the company’s remuneration
policy

The general meeting did not adopt the proposals made by a number of
shareholders that

-- invitations to general meetings include a number of specific accounting
details
-- annual reports etc. always be available in Danish for at least five years
-- access to interim and annual reports on the Group’s website be simplified
-- refreshments in connection with the annual general meeting match the
outlook for the coming year
-- the Board of Directors take steps to set up an institute to work on the
integration of Copenhagen and Landskrona
-- Danske Bank always state the most recently quoted price on a regulated
market
-- Danske Bank never itself set the trading price of its own shares
-- Danske Bank charge no general fees if these are not listed in its list of
charges, and that fees charged in violation of this rule be repaid
-- customer transactions always be executed at the lowest possible price
without this resulting in slow execution of the transactions
-- the Articles of Association be amended to include Norwegian and Swedish as
corporate languages
-- the Board of Directors be charged with ensuring that the hybrid capital is
repaid in cash as soon as possible
-- the Articles of Association be amended to the effect that neither the Board
of Directors nor the chairman of the general meeting may reject proposals
from shareholders submitted in due time or place such proposals under other
proposals
-- the Articles of Association be amended to the effect that neither the Board
of Directors nor the chairman of the general meeting may reject a request
for voting by ballot
-- Danske Bank distance itself from the use of all types of tax havens and
refrain from advising customers on the use of tax havens
-- the general meeting resolve that Danske Bank will support bilateral
disclosure of bank information and that Danske Bank will not itself keep
information about customers secret from the tax authorities, even though
this may be possible in countries with bank secrecy
-- Ole Andersen resign from the Board of Directors

At the board meeting held immediately after the annual general meeting, Ole
Andersen was appointed chairman of the Board of Directors and Trond Ø. Westlie
was appointed vice chairman.

The composition of the board committees will be announced at danskebank.com
under Corporate Governance as soon as possible.

                            Yours faithfully

                              Danske Bank

                     Board of Directors Secretariat





              Frederik Bjørn             Lars-Johan Sandvik

Contact:

Kenni Leth, Group Press Officer, tel. +45 45 14 56 83/+45 51 71 43 68