GN Store Nord — AGM Information 2017

Mar 14, 2017

Announcement NO. 17 March 14, 2017

Annual General Meeting 2017 – GN Store Nord A/S

Today, GN Store Nord A/S held its annual general meeting in accordance with the agenda announced on February 20, 2017.

The report by the board of directors was adopted, and both the Annual Report 2016 and the proposal to distribute dividends of DKK 1.15 per share of nominally DKK 4 were approved.

The general meeting approved the remuneration to the board of directors of DKK 6,675,000 for 2017.

Per Wold-Olsen, William E. Hoover, Jr., Carsten Krogsgaard Thomsen, Wolfgang Reim, Hélène Barnekow and Ronica Wang were re-elected to the board of directors by the general meeting.

Furthermore, Ernst & Young Godkendt Revisionspartnerselskab was re-elected as the company's auditor and all proposals by the board of directors were approved.

At the following constituting board meeting, Per Wold-Olsen was elected chairman of the board of directors, and William E. Hoover, Jr. was elected deputy chairman of the board of directors.

Per Wold-Olsen was also elected as chairman of the remuneration committee and the nomination committee. Carsten Krogsgaard Thomsen was elected as chairman of the audit committee, and Wolfgang Reim was elected as chairman of the strategy committee.

Agenda for the annual general meeting:
a)	Report by the board of directors on the activities of the company during the past year.
b)	Submission of the audited annual report for adoption and resolution of discharge to
	the board of directors and the executive board.
c)	Decision on application of profits or covering of losses in accordance with the
	approved annual report.
d)	Approval of the remuneration to the board of directors for the current financial year.
e)	Election of members to the board of directors.
f)	Election of a state-authorized public accountant to serve until the company's next
	annual general meeting.
g)	Proposals from the board of directors and shareholders.
g.1	Proposals from the board of directors.
g.1.1	Proposal from the board of directors to authorize the board of directors to acquire
	treasury shares.
g.1.2	Proposal from the board of directors to authorize the board of directors to reduce the
	share capital through the cancellation of treasury shares.
g.1.3	Proposal from the board of directors to renew the authorization to the board of
	directors to increase the share capital.

g.1.4	Proposal from the board of directors to authorize the board of directors to issue convertible debt instruments without pre-emptive rights for the shareholders.
g.1.5	Proposal from the board of directors to adopt a remuneration policy, including general guidelines for incentive pay.
g.1.6	Proposal from the board of directors to amend the Articles of Association to reflect name change of NASDAQ OMX Copenhagen A/S.
g.2	Proposals from shareholders.
h)	Any other business.

For further information please contact:

Peter Justesen VP – Investor Relations & Treasury GN Store Nord A/S Tel: +45 45 75 87 16