We can inform that egetæpper’s annual report as per 30 April 2018 was adopted at the company’s Ordinary General Meeting today.

The 2018/19 remuneration of the Board was at the same time approved, hence each Board member unchanged receives an annual fee of DKK 120,000 and the Chairman and Vice-Chairman unchanged receive an annual supplement respectively of 2 and 1 time the ordinary Board fee. Members of the Audit-, Nomination and Remuneration Committee unchanged receive an annual fee of DKK 60,000.

Furthermore it was accepted to pay a dividend of DKK 6.50 per share.

Ms. Anne Mette Zachariassen withdraws from the Board and Mr. Søren Mygind Eskildsen was elected as new Board member. Mr. Eskildsen is 46 years old and CEO of Louis Poulsen A/S. Mr. Eskildsen is a graduate engineer, specialised in production management and has industrial and commercial experience from senior positions at executive level in Danfoss A/S, System TM A/S and Exhausto A/S.

The remaining Board members, elected by the General Meeting, were re-elected and EY was re-elected as company auditor.

The Board of Directors was empowered as per 31 August 2018, for a period of 5 years, to acquire further own shares up to nominal DKK 2,000,000.00 in accordance with § 198 in the Companies Act at current market price +/- 10%.

Yours faithfully,
egetæpper a/s

Ebbe Malte Iversen
Chairman of the Board