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SIM - Simcorp A/S News Story

DKK799 5.2  0.7%

Last Trade - 05/05/21

Large Cap
Market Cap £3.66bn
Enterprise Value £3.66bn
Revenue £394.5m
Position in Universe 157th / 1836

Business transacted at the annual general meeting

Wed 24th March, 2021 3:34pm
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Company Announcement no. 10/2021

Today, March 24, 2021, SimCorp A/S held its annual general meeting, at which
the following was adopted:

Financial year 2020 and 2021
*          The company’s audited annual report 2020
*          The amendment of the company’s remuneration policy and
increase to the remuneration of the Board of Directors for 2021 and until the
next annual general meeting
*          The remuneration report 2020
*          Distribution of profit according to the adopted annual
report 2020. The dividend will be DKK 7.50 per share of DKK 1 and the
remainder is transferred to next year
Elections and Board related matters
*          Re-election of Peter Schütze as Chairman and Morten Hübbe
as Vice-chairman of the Board of Directors
*          Re-election of Hervé Couturier, Simon Jeffreys, Adam Warby
and Joan A. Binstock as members of the Board of Directors
*          New-election of Susan Standiford as member of the Board of
*          Re-election of PricewaterhouseCoopers as the company’s
Share capital
*          Authorization to the Board of Directors, in the period
until 31 December 2022, to purchase own shares of up to 10% of the share
capital, inclusive of the company’s current holding of own shares.
*          Amendment of Article 2 of the company's Articles of
Association regarding the company's objects as described in the notice of the
annual general meeting.
However, not enough capital was represented at the general meeting in order to
pass the proposal to amend the Articles of Association, and the Board of
Directors will therefore convene an extraordinary general meeting for the
purpose of adopting the proposal to amend Article 2 at the extraordinary
general meeting in accordance with Article 14 of the Articles of Association.

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.

The Board of Directors, including its committees, are now composed as follows:
*          Peter Schütze (Chairman of the Board and member of the
Nomination and Remuneration Committee)
*          Morten Hübbe (Vice-chairman of the Board and Chairman of
the Nomination and Remuneration Committee)
*          Simon Jeffreys (Chairman of the Audit and Risk Committee)
*          Hervé Couturier (member of the Nomination and Remuneration
*          Adam Warby (member of the and Risk Audit Committee)
*          Joan A. Binstock (member of the and Risk Audit Committee)
*          Susan Standiford
*          Else Braathen (employee-elected and member of the and Risk
Audit Committee)
*          Vera Bergforth (employee-elected and member of the
Nomination and Remuneration Committee)
*          Hugues Chabanis (employee-elected)
Copenhagen, March 24, 2021

SimCorp A/S

On behalf of the board of directors

Enquiries regarding this announcement should be addressed to

Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 2326 0000) 
 Michael Rosenvold, Chief Financial Officer, SimCorp A/S (+45 5235 0000)
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