Harboes Bryggeri

AGM Information • Aug 31, 2012

NASDAQ OMX København A/S Nikolaj Plads 6 1007 Copenhagen K Denmark

Skælskør, 22 August 2012

Announcement concerning annual general meeting 2012 in Harboes Bryggeri A/S

The annual general meeting of Harboes Bryggeri A/S was held on 22 August 2012 at the company's domicile in Skælskør.

At the general meeting, 38.50% of the share capital and 66.01% of the votes were represented, in both instances after taking account of treasury shares.

Re item 1 – Report by the Board of Directors on the company's activities in the past year Re item 2 – Presentation of the annual report with the auditor's report for adoption og Re item 3 – Resolution on the appropriation of profits in accordance with the adopted annual report

The three items on the agenda were considered together.

The Board of Directors' report on the company's activities in the past financial year was presented, and the company's annual report and annual review were reviewed and presented to the annual general meeting.

During the reporting, emphasis was placed on the company's strategy and financial targets, and the capital structure was explained. Furthermore, an account was given of market conditions and structure, and a special outline was provided of the company's strategic focus on innovation and on the continued development and expansion of the international platform.

With reference to targets concerning the company's financial resources, the Board of Directors had proposed that, out of the net profit for the year of DKK 38.672 million, dividend of DKK 9 million be paid, corresponding to 15% of the company's share capital or DKK 1.50 per share, while the remaining net profit of DKK 29.672 million be retained.

After questions and comments from the attendees, the meeting was unanimous in taking note of the management's report, and the signed annual report with an unqualified auditor's report, including

the recommended remuneration for the Board of Directors of DKK 788,000, was unanimously adopted.

Moreover, the resolution concerning the payment of dividend of DKK 9 million was adopted, while the remaining earnings for the year of DKK 29.672 were transferred to next year.

Re item 4 – Consideration of proposals, if any, from the company's Board of Directors or shareholders

No proposals had been submitted for consideration at the general meeting.

Re item 5 – Election of members to the Board of Directors

The general meeting unanimously elected Mette Kristine Agger, Carl Erik Kjærsgaard, Thøger Thøgersen.

Re item 6 – Appointment of auditors

The company's auditors, Deloitte Statsautoriseret Revisionspartnerselskab, were unanimously reappointed.

The presentation from the annual general meeting is available at Harboe's website: www.harboe.com.

Kind regards, Harboes Bryggeri A/S

Ruth Schade President