Articles of Association

Any amendments to the Articles of Association of IC Group must be approved at a general meeting. All resolutions at general meetings may be approved by simple majority unless specific provisions of the Danish Companies Act on majority of votes and quorum regulate otherwise.

In the event of an equality of votes, resolutions are decided by the drawing of lots.

Any article relating to majority of votes may only be amended if at least nine-tenths of the total votes cast at a general meeting are in favour of such amendment.

Voting at general meetings takes place by show of hands unless the shareholders in general meeting resolve to take a poll or the Chairman of the meeting considers a poll required.