Company announcement 18/2022

Today, HusCompagniet held its Annual General Meeting in accordance with the agenda announced on 17 March 2022. The following resolutions were adopted:

The Annual Report 2021 and the proposal that the profit for the year of DKK 265 million be appropriated in accordance with the Annual Report 2021 entailing dividend payments of DKK 7.35 per share of nominally DKK 5 were adopted, and discharge of liability was granted to the Board of Directors and Executive Management.

The general meeting adopted the 2021 Remuneration Report in the advisory vote and approved the remuneration to the Board of Directors for 2022.

Claus V. Hemmingsen, Anja Bach Eriksson, Ylva Ekborn, Mads Munkholt Ditlevsen, Stig Pastwa and Bo Rygaard were re-elected to the Board of Directors.

EY Godkendt Revisionspartnerselskab was re-elected as the company's auditor.

Reduction of the share capital by DKK 8,950,000 from DKK 100,000,000 to DKK 91,050,000, corresponding to 18,210,000 shares, was approved.

Authorisation of the Board of Directors to allow the Company to acquire treasury shares up to a total nominal amount of DKK 9,105,000 corresponding to 10% of the share capital, provided that the Company's holding of treasury shares does not exceed 10% of the share capital, was adopted.

Following the Annual General Meeting, a constituent meeting of the Board of Directors was held, and accordingly the Board of Directors and its committees are composed as follows:

Board of Chairmanship Audit Remuneration & Nomination Committee
Directors Committee
Claus V. Chairperson - Chairperson
Hemmingsen
Anja Bach Vice Member -
Eriksson Chairperson
Ylva Ekborn - Member Member
Bo Rygaard - - Member
Stig Pastwa - Chairperson -
Mads - - -
Munkholt
Ditlevsen

For further information, please contact:

Cristina Rønde Hefting, Head of IR & Press                                                               +45 51 96 23 14

About HusCompagniet

HusCompagniet is a leading provider of single-family detached houses in Denmark. The company also builds semi-detached houses to both private consumers and professional investors and has a presence in Sweden where it produces prefabricated wood-framed detached houses through its VårgårdaHus brand.

The Group operates an asset-light and flexible delivery model with on-site building, primarily on customer-owned land. The construction is outsourced to subcontractors, allowing for a flexible cost base. In 2021, HusCompagniet generated revenue of approximately DKK 4.3 billion.

HusCompagniet delivered 1,831 houses in 2021, of which 1,441 were detached houses in Denmark, corresponding to a market share of approximately 24% of the Danish detached-house new-build market segment. HusCompagniet has 16 offices with showrooms in Denmark and Sweden and more than 60 show houses and offers digital sales through the online platform "HusOnline". HusCompagniet currently has more than 400 employees.

DGM