Danske Bank — AGM Information 2016

Mar 17, 2016

Company announcement Danske Bank
Announcement No. 8/2016 Holmens Kanal 2-12
DK-1092 København K
Tel. +45 33440000
17 March 2016

               Annual general meeting of Danske Bank 2016

At the annual general meeting of Danske Bank on Thursday, 17 March 2016, the
general meeting

-- approved Annual Report 2015 and the proposal for allocation of profits
-- re-elected Ole Andersen, Urban Bäckström, Jørn P. Jensen, Rolv Erik
Ryssdal, Carol Sergeant and Trond Ø. Westlie to the Board of Directors and
elected Lars-Erik Brenøe and Hilde Tonne to the Board of Directors
-- re-appointed Deloitte Statsautoriseret Revisionspartnerselskab 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 2016
-- adopted the Board of Directors’ proposal for the company’s Remuneration
policy and the current cap on severance payments stipulated in the
Remuneration policy of a maximum of up to 24 months’ fixed salary is
unchanged.

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

-- Danske Bank must stop new investments in non-renewable energy
-- Danske Bank must support the introduction of a tax on speculation (FTT tax)
-- Danske Bank must increase the number of traineeships
-- Danske Bank should not take gender and age into consideration when
recruiting new employees

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

The composition of the Board’s 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