Vagn Thorsager resigns as CEO of the Vestjysk Bank A/S in connection with the Annual General Meeting. Based on the criteria set out in the recommendations for Corporate Governance, Vagn Thorsager can be considered a non-independent board member due to his previous position as CEO. Managing director Michael Nelander Petersen is appointed interim CEO until a permanent replacement for Vagn Thorsager has been found.

Vagn Thorsager is recommended for election as chairman of the Supervisory Board and Lars Holst is recommended for election as vice-chairman of the Supervisory Board.