Bagsvaerd -
At the Annual General Meeting,
Resolutions adopted at the Annual General Meeting
Financial year 2020 and board remuneration
Approval of the Company's statutory Annual Report 2020 and distribution of profits according to the statutory Annual Report 2020.
The final dividend for 2020 of
The Remuneration Report 2020 was approved (advisory vote).
The actual remuneration of the Board of Directors for 2020 and the remuneration level for 2021 were approved.
Elections
Re-election of
Re-election of
Re-election of
Election of
Appointment of
Shares and capital
Reduction of the Company's B share capital by cancellation of part of the Company's own holding of B shares. The Company's B share capital is reduced by
Authorisation to the Board of Directors until the Annual General Meeting 2022 to allow the Company to repurchase own shares of up to 10% of the share capital subject to a holding limit of 10% of the share capital.
Cancellation of Article 5.3 of the company's Articles of Association.
Extension of the authorisation to the Board of Directors to increase the Company's share capital for a period of one year until
Other
Indemnification of Board members and executives from future liability in addition to any director's and officer's liability insurance.
Amendments to the Remuneration Policy regarding international mobility, claw-back of variable pay, discretion to override the formulaic outcome under incentive programmes, capping of variable pay and incentive targets becoming obsolete.
Amendments to the Articles of Association regarding an authorisation to hold future General Meetings as fully virtual and partially virtual meetings, the language in documents prepared for General Meetings and an ability to differentiate votes for certain shareholders.
A proposal from a shareholder on making a plan for changed ownership of the Company was not adopted.
COVID-19 situation
Due to the current COVID-19 pandemic and in order to minimise the spread of the virus, the meeting was held as a fully virtual meeting. Accordingly, shareholders attended by electronic means and had been encouraged to exercise their rights by submitting proxies or votes by correspondence in advance of the Annual General Meeting.
Composition of the Board of Directors and its committees
After the Annual General Meeting, the Board of Directors held a board meeting to appoint members of its committees.
Contact:
Tel: +45 3079 3883
Email: mkd@novonordisk.com
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