| To the shareholders of William Demant Holding A/S | 19 February 2019 |
Notice is hereby given of the Annual General Meeting of William Demant Holding A/S to be held on:
Tuesday, 19 March 2019 at 4:00pm CET
at the Company’s address
Kongebakken 9, 2765 Smørum, Denmark
Agenda
In accordance with Article 8.2 of the Articles of Association, the agenda is as follows:
1. The Board of Directors’ report on the Company’s activities in the past year.
The Board of Directors recommends that the report be adopted.
2. Presentation for approval of the audited Annual Report 2018, including the consolidated financial statements.
The Board of Directors recommends that the Annual Report 2018 be approved.
3. Approval of remuneration for the Board of Directors for the current financial year.
The Board of Directors recommends that the proposed remuneration be approved.
4. Resolution on the appropriation of profit or payment of loss according to the approved Annual Report 2018.
The Board of Directors proposes that the profit of DKK 1,421 million be transferred to the Company's reserves to the effect that no dividend be paid.
5. Election of members to the Board of Directors.
Under Article 11.2 of the Articles of Association, Board members elected by the AGM are elected for one-year terms. At the 2019 AGM, Niels B. Christiansen, Niels Jacobsen, Peter Foss, Benedikte Leroy and Lars Rasmussen stand for re-election.
6. Election of auditor.
The Board of Directors proposes that Deloitte Statsautoriseret Revisionspartnerselskab be re-elected.
7. Any proposals from the Board of Directors or shareholders.
The Board of Directors has submitted the following proposals:
a) Reduction of the Company’s share capital
b) Authorisation to the Board of Directors to let the Company acquire own shares
c) Change of the Company’s name to Demant A/S
d) Approval of the Company's Remuneration Policy and General Guidelines on Incentive Pay
e) Authority to the chairman of the AGM
8. Any other business
Before the AGM, coffee and cake will be served from 3:00pm.
Please note that the entire AGM will be webcast on the Company’s website, www.demant.com, from 4:00pm. The webcast will only cover podium and lectern.
| Further information: Søren Nielsen, President & CEO Phone +45 3917 7300 www.demant.com | Other contacts: Søren B. Andersson, VP IR |
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