Better Collective

Regulatory Release no. 19/2024

At the meeting, the shareholders approved:

• the audited annual report and the consolidated financial statements for the financial year 2023;
• the appropriation of profits or covering of losses as recorded in the approved annual report;
• discharge of liability to members of the Board of Directors and the executive management; and
• the remuneration report for the financial year 2023.

The shareholders approved the proposals from the nomination committee regarding:

• the remuneration report for 2023 (for advisory vote)
• re-election of Jens Bager as Chair of the Board of Directors, Therese Hillman as Vice Chair of the Board of Directors and René Efraim Rechtman, Leif Nørgaard, Britt Ingrid Boeskov, Petra von Rohr and Todd Dunlap as members of the Board of Directors;
• remuneration to the Board of Directors for the current financial year; and
• re-appointment of Ernst & Young Godkendt Revisionspartnersselskab, extension of Ernst & Young Godkendt Revisionspartnersselskab’s audit assignment to also include the issue of an assurance report on the sustainability reporting in the management review and determination of the remuneration to Ernst & Young Godkendt Revisionspartnersselskab.

The shareholders further approved the proposals from the Board of Directors to:

• amend section 2.1 of the Company’s articles of association;
• amend section 3.6 of the Company’s articles of association;
• amend section 6.3.1 of the Company’s articles of association;
• authorise the Board of Directors to increase the Company’s share capital without pre-emption rights for the existing shareholders;
• authorise the Board of Directors to acquire treasury shares;
• authorise the Board of Directors to increase the Company’s share capital by issue of convertible loan instruments;
• adopt an indemnification scheme for the Board of Directors, including amendment of the Company’s articles of association and update of the remuneration policy as a consequence hereof; and
• authorise the Chair of the meeting to file the changes to the articles of association with the Danish Business Authority.
  

Copenhagen, 22 April 2024

Board of Directors of Better Collective A/S