Announcement of the granting of Power of Attorney

To Nasdaq OMX Copenhagen 27 March 2017 Company Announcement No 04/2017

Announcement of the granting of Power of Attorney to the Board of Directors

Pursuant to announcement no 1256 of 4 November 2015 regarding Major Shareholders, The BANK of Greenland hereby announces, that the Board of Directors have received unqualified Powers of Attorney for use on The BANK of Greenland’s ordinary general meeting March 28, 2017, representing 12,33 percent of the company’s share capital, or 222,013 shares.

28 March 2017 upon termination of the ordinary general meeting, the right of the Board of Director’s to vote in accordance with the Powers of Attorney granted shall cease.

For further information, please contact:

The BANK of Greenland  

Martin Kviesgaard Managing Director

Telephone: +299 34 78 02 E-mail: mbk@banken.gl