Schouw & Co. — AGM Information 2014

Apr 10, 2014

TO: THE DANISH FINANCIAL SUPERVISORY AUTHORITY COMPANY ANNOUNCEMENT AND NASDAQ OMX COPENHAGEN NO. 4/2014, APRIL 10, 2014

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Annual general meeting of Schouw & Co.

The Company's annual general meeting was held today with about 450 people attending.

Management's review

The Chairman reported, among other things, that in 2014 Schouw & Co. expects to generate total revenue of DKK 11.5-12.0 billion (2013: DKK 11.6 billion) and EBIT in the DKK 535-660 million range (2013: DKK 685 million including non-recurring income of DKK 54 million from the sale of property).

Approval of annual report

The shareholders voted to approve the annual report and the Board's recommendation that a dividend of DKK 6 per share be paid as well as the proposed resolution to discharge the Board of Directors and the Executive Management from liability.

Election of members to the Board of Directors

Jørn Ankær Thomsen and Niels Kristian Agner were re-elected as a member of the Board of Directors.

Appointment of auditors

KPMG Statsautoriseret Revisionspartnerselskab (CVR no. 30700228) were re-appointed as the Company's auditors.

Any other business

No other business was considered.

Immediately after the general meeting the Board of Directors elected Jørn Ankær Thomsen Chairman and Erling Eskildsen Deputy Chairman of the Board.

Aktieselskabet Schouw & Co.

Jørn Ankær Thomsen Jens Bjerg Sørensen Chairman President

Questions relating to the above should be directed to Jens Bjerg Sørensen, President, on tel. +45 8611 2222.

Aktieselskabet Schouw & Co. ∙ Chr. Filtenborgs Plads 1 ∙ DK‐8000 Aarhus C ∙ www.schouw.dk