Stock exchange announcement no. 7 - Tivoli A/S - minutes of the 2017 Annual General Meeting

On Friday 21 April 2017, Tivoli A/S held its Annual General Meeting with the attached agenda.

The annual report was adopted, including the Supervisory Board's proposal for distribution of the profits for the year, which comprise payment of dividend of DKK 18.8 million, equivalent to DKK 3.29 per share with a nominal value of DKK 10. The remainder of the profits will be added to the Company's distributable reserves.

At the Annual General Meeting, the Supervisory Board was authorised by the Annual General Meeting to acquire own shares. The Annual General Meeting voted against the shareholder proposal, which encouraged the Supervisory Board to investigate whether the Company discriminates in its employment of unskilled workers based on ethnicity or origin.

The current Supervisory Board members elected by the Annual General Meeting, Jørgen Tandrup, Mads Lebech and Ulla Brockenhuus-Schack were re-elected. Tommy Pedersen resigned from the Supervisory Board and Tom Knutzen was elected as new Supervisory Board member. In addition, two employee representatives, John Høegh Berthelsen and Tue Krogh-Lund, are members of the Supervisory Board.

On the motion of the Supervisory Board, PricewaterhouseCoopers Statsautoriseret Revisionsaktieselskab was elected as auditor.

At a subsequent Supervisory Board meeting, the Supervisory Board constituted itself with Jørgen Tandrup as chairman and Mads Lebech as deputy chairman.

Yours faithfully,

Lars Liebst

CEO

Contact person: Head of Press Torben Plank (+45 33 75 04 40 / tlp@tivoli.dk)

Vedhæftede filer:

Tivoli AS - Stock exchange announcement no 7 - decisions of the Annual General Meeting.pdf