Annual General Meeting 2015 of NKT Holding A/S
Nikolaj Plads 6
DK-1007 Copenhagen K
25 March 2015
Announcement No. 8
The Annual General Meeting of NKT Holding A/S was held on Wednesday 25 March 2014, cf. announcement No. 4 dated 3 March 2015.
The Annual General Meeting approved the following:
Annual Report 2014 containing the reviews of the Management, the consolidated accounts and the audited annual accounts of the parent company, as well as the auditors’ and the Group Management’s reports including The Board of Director’s proposal for a total dividend of DKK 4.00 per share of nominally DKK 20.
Discharge of the Board of Directors and the Executive Management Board.
The Board of Director’s proposal for remuneration to the Board of Directors for 2015 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members.
The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member.
The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the second members of each committee.
The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the second members of each committee.
The Board of Director’s proposal for remuneration to the Chairman of the working committee in Photonics Group of DKK 150,000 and DKK 75,000 to the second member of the committee.
Jens Due Olsen, Kristian Siem, Jens Maaløe, Kurt Bligaard Pedersen and Lars Sandahl Sørensen were all re-elected as members of the Board of Directors. Jutta of Rosenborg was elected as new member of the Board of Directors.
Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company.
The following amendments to the Articles of Association of the Company were adopted:
The Board of Directors was authorised, up until 25 March 2020, to increase the share capital by a maximum amount of nominally DKK 50m through one or more new share issues.
The Board of Director’s proposed amendments to the “Remuneration policy and general guidelines on incentive pay for the Board of Directors and Board of Management of NKT Holding A/S”.
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At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and Kristian Siem was elected Deputy Chairman.
NKT Holding A/S
Jens Due Olsen
Chairman of the Board of Directors
The Chairman’s report is available at www.nkt.dk