Outcome of annual general meeting 2012

4/11/2012 11:02 AM EST

D/S Norden
Decisions of annual general meeting

Outcome of annual general meeting 2012

Attached please find below text as PDF file.

Dampskibsselskabet NORDEN A/S

______________________________________________________________________________

                                                              Announcement no. 9

                                                                   11 April 2012

Annual general meeting in Dampskibsselskabet NORDEN A/S

On Wednesday 11 April 2012, annual general meeting in Dampskibsselskabet NORDEN
A/S was held, see company announcement no. 6 of 19 March 2012. 

Adoption of the annual report

The annual general meeting adopted the annual report (including the management
commentary, the consolidated and parent company financial statements together
with the statement by the Board of Directors and Board of Management and the
auditor’s report. 

Dividend

The Board of Directors’ proposal for the distribution of profits, including
payment of dividend of DKK 4 per share of DKK 1 was adopted. 

Election of members to the Board of Directors

Mogens Hugo and Arvid Grundekjøn were re-elected as members of the Board of
Directors. In addition, Klaus Nyborg was newly elected. 

Appointment of auditor

PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was
re-appointed as auditor of the Company. 

Treasury shares

The Board of Directors was authorised – for a period of time until the next
annual general meeting – to arrange for the Company to acquire treasury shares
at a nominal value of up to 10% of the share capital at the market price quoted
at the time of the acquisition with a deviation of up to 10%. 

                                - - - o 0 o - - -

After the annual general meeting, the Board of Directors appointed Mogens Hugo
as Chairman and Alison J. F. Riegels as Vice Chairman. 

The Board of Directors thus consists of the following members:

Mogens Hugo (Chairman)

Alison J. F. Riegels (Vice Chairman)

Erling Højsgaard

Karsten Knudsen

Arvid Grundekjøn

Klaus Nyborg

Benn Pyrmont Johansen (employee representative)

Ole Clausen (employee representative)

Jacob Koch Nielsen (employee representative)

The full Chairman's report is available in company announcement no. 8 and at
www.ds-norden.com. 



                                  Kind regards,

                          Dampskibsselskabet NORDEN A/S

                                        

                                  Mogens Hugo

                                    Chairman



Contact at tel. +45 3315 0451: Mogens Hugo, Chairman.

_______________________________________________________________________________

                          Dampskibsselskabet NORDEN A/S

                                52, Strandvejen

                                DK-2900 HELLERUP

                                CVR no. 67758919

                                www.ds-norden.com