Proceedings at the annual general meeting

Company announcement no. 06 2019/20

Allerød 27 June 2019

Proceedings at the annual general meeting

The annual general meeting of Matas A/S was held on 27 June 2019 at 4:00 p.m. at IDA Mødecenter.

At the general meeting, note was taken of the Board of Directors’ report on the activities of the company during the 2018/19 financial year, the annual report for 2018/19 was approved, and the Board of Directors and the Executive Management were discharged from liability.

The general meeting approved a dividend of DKK 3.00 per share with a nominal value of DKK 2.50 as proposed by the Board of Directors. The dividend will be distributed on Tuesday, 2 July 2019.

The general meeting approved the remuneration to the Board of Directors and the chairman of the Audit Committee for 2019/20.

Lars Vinge Frederiksen, Lars Frederiksen, Signe Trock Hilstrøm, Mette Maix, Christian Mariager and Birgitte Nielsen were re-elected to the Board of Directors.

Ernst & Young Godkendt Revisionspartnerselskab was re-elected as the company’s auditors.

The Board of Directors was authorised by the general meeting to let the company acquire treasury shares for up to 10% of its share capital in the period until the next annual general meeting, provided that the company’s holding of treasury shares may at no time exceed 10% of the share capital. The purchase price may not deviate by more than 10% from the price quoted on Nasdaq Copenhagen at the time of purchase.

The general meeting approved that the authorization to the Board of Directors to increase the company’s share capital by issue of new shares without pre-emption rights for the company’s existing shareholders in Article 3.1. of the Articles of Association be increased from nominally DKK 5,000,000 to nominally DKK 9,570,000. In addition, Article 3.3. of the Articles of Association was amended so that the authorisations in Articles 3.1. and 3.2. will be subject to an aggregate issue of new shares of up to nominally DKK 9,570,000. In addition, the authorisations were extended until 1 April 2024.   

The general meeting approved the proposal by the Board of Directors to include two new secondary names, Matas Gruppen A/S and Matas Group A/S, with the corresponding adaption of Article 1.2. of the Articles of Association.

The general meeting approved the amendment of Article 6.2. of the Articles of Association regarding a shareholder notifying the company of his/her attendance at general meetings, as proposed by the Board of Directors.

Finally, the chairman of the general meeting was, with a right of substitution, authorised to file the resolutions adopted with the Danish Business Authority.

Immediately following the general meeting, the Board of Directors elected Lars Vinge Frederiksen Chairman and Lars Frederiksen Deputy Chairman of the Board of Directors.

Matas A/S

Lars Vinge Frederiksen

Chairman

Contact

Elisabeth Toftmann Klintholm

Head of Investor Relations & Corporate Affairs

Tel.

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