Danske Bank A/S
At the Danske Bank A/S general meeting 20 March 2025, Folketrygdfondet voted against items 9.02. 9.04 and 11.00 for the following reasons:
Item 9.02: Authority to Issue Shares and convertible debt w/ preemptive rights
It is proposed that the general meeting grants the board a general authorization to issue shares and a convertible loan. The purpose of the authorization is not tied to a specific purpose and the size of the authorization is excessive. On this basis, Folketrygdfondet voted against the authorization.
Item 9.04: Authority to Issue Shares and convertible debt w/ or w/o preemptive rights
It is proposed that the general meeting grants the board a general authorization to issue shares and a convertible loan. The purpose of the authorization is not tied to a specific purpose and the size of the authorization is excessive. On this basis, Folketrygdfondet voted against the authorization.