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CHR - Chr Hansen Holding A/S News Story

DKK569.4 9.4  1.7%

Last Trade - 22/04/21

Consumer Defensives
Large Cap
Market Cap £8.57bn
Enterprise Value £10.01bn
Revenue £794.9m
Position in Universe 85th / 1829

Resolutions passed at the Annual General Meeting of Chr. Hansen Holding A/S

Wed 25th November, 2020 5:26pm
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Company announcement no. 29/2020

At the Annual General Meeting of Chr. Hansen Holding A/S held on
Wednesday November 25, 2020 the following proposals set out in the agenda were
* The Annual Report 2019/20.
* Not to pay out an ordinary dividend for 2019/20. Instead an extraordinary
dividend is expected to be paid out at least equal to a normalized dividend
for 2019/20 after the divestment of Natural Colors.
* The advisory vote on the 2019/20 Remuneration Report.
* To maintain the same remuneration level in 2020/21 for the members of the
Board of Directors and the board committee members as in 2019/20, to change
the denomination of travel allowance for 2020/21 from EUR to DKK and to
increase the travel allowance for travelling between continents from
previously EUR 3,000 to DKK 37,500. 
* Amendments to the Company’s Articles of Association: * Amendment of the
standard agenda of the Annual General Meeting
* Authorisation to the Board of Directors to resolve to hold partial or full
electronic general meetings
* Allow shareholder attendance based on notification rather than ordering
admission cards. 
* Re-election of Dominique Reiniche as Chair of the Board of Directors.
* Re-election of Jesper Brandgaard, Luis Cantarell, Heidi Kleinbach-Sauter and
Mark Wilson as members of the Board of Directors. 
* Election of Lise Kaae, Kevin Lane and Lillie Li Valeur as new members of the
Board of Directors.
* Re-election of PricewaterhouseCoopers, Statsautoriseret
Revisionspartnerselskab as auditor of the Company.
* The proposal that the Board of Directors must complete an assessment of the
ability of the Company to publish country-by-country tax reporting in line
with the Global Reporting Initiative’s Standard (GRI 207: Tax 2019) starting
from the financial year 2021/22, the findings of which should be made public
before the AGM in 2021.
* Authorization of the Chairman of the Annual General Meeting to file the
resolutions passed with the Danish Business Authority and to make any such
changes as the Danish Business Authority may require as a condition for
registering or approving the resolutions passed.
The following proposal was not adopted: 
* The proposal that going forward and starting from the 2020/21 financial
year, the Company must apply the recommendations of the Task Force on
Climate-related Financial Disclosures (TCFD) as the framework for
climate-related disclosure in the Company’s Annual Report.
For further information please contact:

Martin Riise, Senior Director, Investor Relations, Tel: +45 5339 2250
Annika Stern, Investor Relations Officer, Tel: +45 2399 2382
Camilla Lercke, Head of Media Relations, Tel: +45 5339 2384


About Chr. Hansen

Chr. Hansen is a global, differentiated bioscience company that develops
natural ingredient solutions for the food, nutritional, pharmaceutical and
agricultural industries. At Chr. Hansen we are uniquely positioned to drive
positive change through microbial solutions. We have worked for over 145 years
to enable sustainable agriculture, cleaner labels and healthier living for
more people around the world. Our microbial and fermentation technology
platforms, including our broad and relevant collection of around 40,000
microbial strains, have game-changing potential. Matching customer needs and
global trends we continue to unlock the power of good bacteria to respond to
global challenges such as food waste, global health and the overuse of
antibiotics and pesticides. As the world’s most sustainable food ingredients
company, we touch the lives of more than 1 billion people every day. Driven by
our legacy of innovation and curiosity to pioneer science, our purpose –
 To grow a better world. Naturally. – is at the heart of everything we do.

*     No 29 Resolutions passed at Annual General Meeting of Chr. Hansen
Holding AS
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