Regulatory announcement no. 23

At the meeting, the shareholders approved:

• the audited annual report and the consolidated financial statements for the financial year 2022;
• the appropriation of profits as recorded in the approved annual report;
• discharge of liability to members of the board of directors and the executive management; and
• the remuneration report for the financial year 2022.

The shareholders approved the proposals from the nomination committee regarding:

• the remuneration report for 2022 (for advisory vote)
• re-election of Jens Bager as chair of the board of directors, Therese Hillman as vice chair of the board of directors and Klaus Holse, Leif Nørgaard, Petra von Rohr and Todd Dunlap as members of the board of directors;
• remuneration to the board of directors for the current financial year;
• re-appointment of Ernst & Young Godkendt Revisionspartnersselskab; and
• determination of the remuneration to Ernst & Young Godkendt Revisionspartnersselskab.

The shareholders further approved the proposals from the board of directors to:

• authorise the board of directors to increase the company’s share capital without pre-emption rights for the existing shareholders;
• authorise the board of directors to acquire treasury shares;
• authorise the board of directors to increase the company’s share capital by issue of convertible loan instruments;
• amend the remuneration policy;
• approve a new long-term incentive program for the executive management and authorise the board of directors to sign and executive the grant letters and all other documents and agreements in connection with the new long-term incentive program (reference is made to the notice to convene the annual gereal meeting for all details of the long-term incentive progam); and
• authorise the chair of the meeting to file the changes to the articles of association with the Danish Business Authority.
  

Copenhagen, 25 April 2023

Board of directors of Better Collective A/S