Schouw & Co. — AGM Information 2026

Apr 16, 2026

Annual general meeting of Aktieselskabet Schouw & Co.

Annual general meeting of Aktieselskabet Schouw & Co.

The Company's annual general meeting was held today at Hermans, Tivoli Friheden,

DK-8000 Aarhus C, with approx. 600 people present.

Report by the Board of Directors

The Chairman of the Board of Directors presented the report on the Company's

activities during the past financial year. The previously announced full-year

guidance was reiterated; however, the unpredictable global situation naturally

necessitates close monitoring of developments. The report was duly noted by the

shareholders.

Approval of annual report, allocation of profit and discharge of liability

The annual report for 2025 including the Board of Director's recommendation for

allocation of profit and the payment of a dividend of DKK 17 per share of

nominally DKK 10 was approved as well as the customary resolution to discharge

the Board of Directors and the Executive Management from liability.

Indicative vote on the remuneration report

The Company's remuneration report for 2025, which was presented for an

indicative vote, was approved.

Proposals from the Board of Directors

The Board of Directors' proposal of a revised remuneration policy for the Board

of Directors and the Executive Management was approved.

The Board of Directors' proposal to increase the annual base fee to board

members to DKK 450,000 for 2026 was approved.

Election of members to the Board of Directors

Jørgen Dencker Wisborg, Kenneth Skov Eskildsen, Hans Martin Smith, Søren Stæhr

and Sisse Fjelsted Rasmussen were all re-elected as members of the Board of

Directors. Furthermore, Michael Hansen was elected as a new member of the Board

of Directors.

Appointment of auditor

PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-appointed

as the Company's auditor in relation to statutory financial reporting and

sustainability reporting in accordance with the recommendation from the audit

committee.

Authorisation to the chairman of the general meeting

The shareholders authorised the chairman of the meeting, or whoever the chairman

may be replaced by in his absence, to file the resolutions approved by the

general meeting for registration with the Danish Business Authority.

Any other business

No other business was considered.

Constitution of the Board of Directors and composition of the board committees

Immediately after the general meeting, the Board of Directors elected Jørgen

Dencker Wisborg as chairman and Kenneth Skov Eskildsen as deputy chairman of the

Board of Directors.

The Board appointed Hans Martin Smith (chairman), Jørgen Dencker Wisborg and

Sisse Fjelsted Rasmussen to the Audit Committee.

The Board appointed Jørgen Dencker Wisborg (chairman) and Kenneth Skov Eskildsen

to the Nomination and Remuneration Committee.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman of the Board of Directors

Jens Bjerg Sørensen, President and CEO

Please direct any questions to President Jens Bjerg Sørensen on tel.

+45 86 11 22 22.