Sydbank — Board/Management Information 2017

Jul 19, 2017

Sydbank A/S / Miscellaneous

19-Jul-2017 / 09:01 CET/CEST

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

Aabenraa, Denmark, 2017-07-19 09:00 CEST (GLOBE NEWSWIRE) --

Bo Normann Rasmussen, who was elected to Sydbankâs Board of Directors in 2015 and has been a member of the Board since then, has decided of his own choice to resign from the Bankâs Board of Directors as of today. His decision is a consequence of the governmentâs sale of its ownership interest in Vestjysk Bank to a group of investors including AP Pension of which Bo Normann Rasmussen is CEO. Bo Normann Rasmussen has stated that he does not wish to bring himself at risk of any independence issues and that is the reason for his decision.

Torben Nielsen, Chairman of the Board of Directors, expresses full understanding for Bo Normann Rasmussenâs decision and at the same time thanks Bo Normann Rasmussen for his important and significant work for Sydbank through the years.

As a result of the resignation of Bo Normann Rasmussen, the Board of Directors consists of seven members elected by the Shareholdersâ Committee and three members elected by the Bankâs employees.

Please contact the undersigned if you have any questions regarding this company announcement.

Click on, or paste the following link into your web browser, to view the associated documents https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=638800

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Language: English Company: Sydbank A/S Denmark ISIN: DK0010311471 Category Code:MSC TIDM: 0G6U Sequence No.: 4431

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