Proceedings at the annual general meeting

Matas A/S
Decisions of annual general meeting

Proceedings at the annual general meeting

Company announcement no. 7 2014/15

Allerød, 2014-06-30 17:38 CEST (GLOBE NEWSWIRE) -- Matas A/S held its annual
general meeting on 30 June at 4:00 p.m. at the Tivoli Hotel & Congress Center. 

Mr. Niels Heering, Attorney-at-Law, was appointed chairman of the meeting.

At the general meeting note was taken of the report by the Board of Directors
on the activities of the company during the 2013/14 financial year, the annual
report for 2013/14 was approved, and the Board of Directors and the Executive
Management were discharged from liability. 

The shareholders approved the dividend of DKK 5.50 per share of DKK 2.50
nominal value proposed by the Board of Directors, equivalent to a total of DKK
224 million. 

The shareholders approved the fees of the Board of Directors and the chairman
of the Audit Committee for 2014/15. 

The shareholders authorised the Board of Directors to let the company acquire
treasury shares for up to 10% of its share capital in the period until the next
annual general meeting, always provided that the company's holding of treasury
shares may at no time exceed 10% of its share capital, and provided that the
purchase price does not deviate by more than 10% from the price quoted on
NASDAQ OMX Copenhagen at the time of purchase. 

The shareholders adopted a resolution to change the company's remuneration
policy in accordance with the proposal of the Board of Directors. 

Lars Vinge Frederiksen, Lars Frederiksen, Ingrid Jonasson Blank and Birgitte
Nielsen were re-elected to the Board of Directors. Christian Mariager was
elected new member of the Board of Directors. At the same time, Søren
Vestergaard-Poulsen retired from the Board of Directors. 

KPMG Statsautoriseret Revisionspartnerselskab was re-appointed as the company's

Immediately after the general meeting, the Board of Directors elected Lars
Vinge Frederiksen Chairman and Lars Frederiksen Deputy Chairman of the Board of

Matas A/S

Lars Vinge Frederiksen