Announcement of the granting of Power of Attorney to the Board of Directors

To Nasdaq OMX Copenhagen

17 March 2020

Announcement No 05/2020

Announcement of the granting of Power of Attorney to the Board of Directors

Pursuant to announcement no 1172 of 31 October 2017 regarding Major Shareholders, The BANK of Greenland hereby announces, that the Board of Directors have received unqualified Powers of Attorney for use on The BANK of Greenland’s ordinary general meeting March 25, 2020, representing 31.36 percent of the company’s share capital, or  564,487 shares.

25 March 2020 upon termination of the ordinary general meeting, the right of the Board of Director’s to vote in accordance with the Powers of Attorney granted shall cease.

For further information, please contact:

The BANK of Greenland

Martin Kviesgaard

Managing Director

Telephone:

E-mail:

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