Sydbank — AGM Information 2015

Mar 12, 2015

Aabenraa, Denmark, 2015-03-12 18:10 CET (GLOBE NEWSWIRE) --
Today, Sydbank’s AGM gathered in Sønderjyllandshallen in Aabenraa and adopted
the Directors’ Report, the Annual Report and the recommendation for the
allocation of profit. Sydbank will distribute 50% of the profit, equal to a
dividend of DKK 7.08 per share.

Chairman of the Board of Directors Anders Thoustrup presented the Directors’
Report and expressed his satisfaction with the 2014 financial statements. With
a profit of DKK 1,052m and a return on shareholders’ equity of 9.8% after tax,
Sydbank’s results are at the better end among the Danish banks. Anders
Thoustrup also addressed:

-- Sydbank’s impressive ranking as the best ranked Danish bank in the European
stress test

-- the positive development of the Sydbank share

-- the withdrawal of the proposal to amend the voting right limitation

-- the withdrawal of the proposal to extend the authorisation to increase the
share capital.

This was Anders Thoustrup’s last AGM as Chairman of the Board of Directors.

At the AGM five new members were elected and nine members were re-elected to
the Shareholders’ Committee, which now counts 72 members.

Ernst & Young, Godkendt Revisionspartnerselskab was re-appointed auditor.