Resolutions passed at Annual General Meeting– co

Santa Fe Group A/S’ Annual General Meeting

Today, the Annual General Meeting of Santa Fe Group A/S was held at First Hotel Copenhagen, Molestien 11, DK-2450 Copenhagen SV, where the following agenda items were presented:

• The Board of Directors’ report was noted.
• The Annual Report for 2016 was adopted, and discharge was granted to the Board of Directors and the Executive Management.
• The fees for the Board of Directors for 2017 were approved.
• The distribution of the result of the year was approved.
• The nominated board candidates Henning Kruse Petersen, Preben Sunke, Michael Hauge Sørensen and Jakob Holmen Kraglund were re-elected for the Board of Directors.
• KPMG P/S was re-elected as the Company’s auditor.
• The Board of Directors was authorised to acquire treasury shares.
• The proposal by the Board of Directors to renew the authorisation to increase the share capital was approved.
• The proposal by the Board of Directors to adopt a new Remuneration Policy and Incentive Guidelines was approved.

At the subsequent meeting of the Board of Directors, Mr. Henning Kruse Petersen was elected Chairman and Mr. Preben Sunke was elected Deputy Chairman.

For further information, please refer to the attached agenda with the complete proposals.

Yours sincerely,

Santa Fe Group A/S

For further information:

Martin Thaysen, Group CEO, +44 20 3691 8300

Christian Møller Laursen, Group CFO, +44 20 8963 2514