TCM Group A/S: Course of the Annual General Meeting

Company Announcement - The Annual General Meeting was held on April 9, 2025, at the company's address in Holstebro, Denmark [1] Board of Directors' Report - The Board of Directors' report was acknowledged but not subject to voting [2] - The audited Annual Report for 2024 was approved [2] - The remuneration report and policy were adopted, along with the fees for the Board of Directors for 2025 [2] Dividend and Re-elections - A dividend of DKK 3.00 per share was approved for distribution [3] - Six members of the Board of Directors were re-elected [3] - PricewaterhouseCoopers was re-elected as the auditor [3] Sustainability and Share Acquisition - PricewaterhouseCoopers was also re-elected as the sustainability auditor [4] - The Board of Directors was authorized to acquire treasury shares [4] Articles of Association and Board Composition - Changes to the company's Articles of Association were adopted based on updates to the Danish Companies Act [5] - Following the meeting, the Board of Directors elected Anders Tormod Skole-Sørensen as chair and Søren Mygind Eskildsen as vice-chair [5] Company Overview - TCM Group is the third largest manufacturer of kitchens and furniture for bathrooms and storage in Scandinavia, with products designed and produced in Denmark [6] - The company operates a multi-brand strategy, with the main brand being Svane Køkkenet, and sells through approximately 220 dealers in Denmark and Scandinavia [6] - TCM Group also supplies private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway, and is a supplier to the e-commerce kitchen business Celebert [6]