Microsoft Word - fb201508 uk course of annual general meeting

NASDAQ OMX Copenhagen A/S GlobeNewswire

https://cns.omxgroup.com

Announcement no. 8 2015 Contacts:

Chairman of the Board of Directors Jens Borum - tel. +45 79 30 00 00
Stakeholder Relations Manager Charlotte Risskov Kræfting - tel. +45 40 34 29 08

Solar A/S Executive Board Industrivej Vest 43

DK-6600 Vejen

Denmark

Tel.: + 45 79 30 00 00 www.solar.eu

Ref.: CRK

CVR no.: 15 90 84 16

Course of annual general meeting (AGM) of Solar A/S 27 March 2015

The AGM discussed and adopted:
- Management's review and Annual Report 2014 including statement of the Board of
Directors and the Executive Board, and the independent auditor's report.
- The resolution to cover losses as stated in the adopted financial statements by paying dividends of DKK 7.00 per share at DKK 100.
- The grant of authority to the Board of Directors to potentially distribute up to DKK
15.00 per share as extraordinary dividends for the period until the next annual general meeting.
- The grant of authority to the Board of Directors to potentially acquire company treasury shares for the period until the next annual general meeting.
- Alterations to the company's articles of association, in which the provision in section
1.2 of the previous articles of association concerning registered office is taken out, in which section 10.1, schedule 1, on the agenda for the annual general meeting concerning annual report and financial statements is specified, in which the provision in section 12.5 of the previous articles of association referring to section 107 of the Companies Act is removed, and in which the wording in section 17.1 of the articles of association is adjusted according to the change proposed in section 10.1, schedule 1.
- Authority of the AGM chairman to notify the Danish Business Authority of matters adopted by the AGM.
- Remuneration of board members for 2015: Fixed annual remuneration of DKK
175,000.
- Election of the following board members: Re-elected to the Board of Directors were:
Jens Borum, Niels Borum, Ulf Gundemark, Agnete Raaschou-Nielsen, Jens Peter Toft
and Steen Weirsøe.
In addition, the following employee representatives make up the Board of Directors: Lars Lange Andersen, Ulrik Damgaard and Bent H. Frisk.

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- Re-election of PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab as auditor.
At the following board meeting, the Board of Directors elected its officers and re-elected Jens Borum as its chairman and Agnete Raaschou-Nielsen as its vice chairman. Re- elected for the audit committee were Jens Peter Toft, Jens Borum and Agnete Raaschou- Nielsen.
Yours faithfully
Solar A/S
Jens Borum

Facts about Solar

Solar A/S is a listed company and one of Northern Europe's leading sourcing and services companies, mainly within electrical, heating, plumbing and ventilation technologies. Solar offers products, knowledge and solutions.
In 2014, the Solar Group, which is based in Denmark, generated revenue around DKK
10.3bn. The group currently employs around 3,000 employees. Solar is listed on Nasdaq
Copenhagen with the short designation SOLAR B and has been listed since 1953.
For more information, please visit: www.solar.eu

Disclaimer

This announcement was published in Danish and English today via Nasdaq Copenhagen. In case of any discrepancy between the two versions, the Danish version shall prevail.

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