Topdanmark — AGM Information 2014

Mar 4, 2014

4 March 2014
Announcement No. 04/2014

At the Annual General Meeting on 10 April 2014 Topdanmark's Board of Directors
will propose election of Torbjörn Magnusson, CEO of If, as a new member of
Topdanmark's Board of Directors.

With reference to the Board of Director's proposal for election of Torbjörn
Magnusson, Michael Pram Rasmussen, Chairman of Topdanmark's Board of Directors,
says:

"If is Topdanmark's largest shareholder holding a stake of 25.2% with voting
rights of 28.3%. The Board of Directors must protect the interests of all
shareholders and finds it natural that If wants to be represented on the
Board”.

I would like to welcome Torbjörn Magnusson on Topdanmark's Board of Directors
and look forward to continuing our work to create value for shareholders,
customers and employees. Topdanmark's strategy has remained unchanged since the
mid 1990's. This is the strategy in which If has bought a share, and the Board
of Directors has no intention of changing it", says Michael Pram Rasmussen.

"If the Board of Directors is elected as proposed, it will elect an unchanged
chairmanship from among its members immediately after the AGM, i.e. me as
Chairman and Søren Thorup Sørensen as Deputy Chairman", concludes Michael Pram
Rasmussen.

At the Annual General Meeting on 10 April 2014 the Board of Directors will
propose election of:

-- Anders Colding Friis
-- Torbjörn Magnusson
-- Birgitte Nielsen
-- Michael Pram Rasmussen
-- Annette Sadolin
-- Søren Thorup Sørensen

Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup