Regarding: Annual general meeting of Dalhoff Larsen & Horneman A/S

Direktionen

Herlev Hovedgade 195

2730 Herlev Danmark

TEL +45 4350 0100

dlh@dlh-group.comwww.dlh.com

CVR 34 41 19 13

It is hereby announced that on Friday 28 April 2017 at 9.00 a.m. the annual general meeting of Dalhoff Larsen & Horneman A/S was held with the undersigned as the chairman of the meeting. With regard to the agenda please see the previous company announcement no. 18 of 6 April 2017.

Chairman of the supervisory board, Carsten Lønfeldt, presented the annual report which coincided with the annual report submitted to Nasdaq Copenhagen A/S on 30 March 2017.

The annual report, showing a loss after tax of DKK 6.1 million, was approved.

The general meeting re-elected Carsten Lønfeldt as member of the supervisory board and elected Birgit Aagaard-Svendsen, Jens Kristian Jepsen and Flemming Viskum as new members of the supervisory board. Agnete Raaschou-Nielsen, Kristian Kolding and John Stær resigned from the supervisory board as they had notified the board that they would not stand for re- election.

The general meeting re-elected Carsten Lønfeldt as chairman of the supervisory board and elected Birgit Aagaard-Svendsen as deputy chairman of the supervisory board.

Ernst & Young P/S was re-appointed as the auditor of the company.

The proposals made by the supervisory board to a) amend the articles of association; b) approve the annual fee to the members of the supervisory board; c) authorize the supervisory board to acquire the company's own shares; and d) amend the company's remuneration policy and general guidelines for incentive remuneration, were adopted.

Copenhagen, 28 April 2017.

Marianne Philip

Chairman of the general meeting

Inquiries concerning this announcement can be made on telephone no. +45 41 95 38 29.

We are the committed supplier of responsible timber.

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