Danske Bank A/S · OMXCOP:DANSKE
Danske Bank A/S — Shareholder Meeting (2017)
21 slides from Danske Bank A/S's shareholder meeting presentation, Jun 30, 2017
Slide 1: Welcome to the annual general meeting
Welcome to the annual general meeting
Slide 2: Satisfactory results despite challenging conditions
Satisfactory results despite challenging conditions Net profit (DKK millions) Return on equity (%) +12% 19,858 13.1 17,724 11.6 2015 2016 2015 2016 1
Slide 3: Solid increase in customer satisfaction
Solid increase in customer satisfaction Personal Banking Business Banking Number one Private Banking supplier in the Nordics according to Prospera Bank of the Year in Sweden 5 4 3 2 1 5 4 3 2 1 Danske Invest named the best equity fund manager in Denmark by Corporates & Institutions Wealth Management
Slide 4: Satisfactory financial results
Satisfactory financial results (DKK millions) 2016 2015 Index Net interest income 22,028 21,402 103 Net fee income 14,183 15,018 94 Net trading income 8,607 6,848 126 Other income 3,140 2,343 134 Total income 47,959 45,611 105 Expenses 22,642 23,237 97 Goodwill impairment charges 4,601 Profit before
Slide 5: Personal Banking
Personal Banking Total income (DKK millions) Expenses (DKK millions) Profit before tax & goodwill (DKK millions) -3% -9% +34% 12,529 12,141 8,444 4,963 7,654 3,695 2015 2016 2015 2016 2015 2016 4
Slide 6: Business Banking
Business Banking Total income (DKK millions) Expenses (DKK millions) Profit before tax & goodwill (DKK millions) -1% +2% +3% 11,360 11,212 4,704 4,791 6,465 6,657 2015 2016 2015 2016 2015 2016 5
Slide 7: Corporates & Institutions
Corporates & Institutions Total income (DKK millions) Expenses (DKK millions) Profit before tax (DKK millions) +7% +5% -10% 10,561 4,412 4,648 5,396 9,873 4,842 2015 2016 2015 2016 2015 2016 6
Slide 8: Wealth Management
Wealth Management Total income (DKK millions) Expenses (DKK millions) Profit before tax (DKK millions) +1% +5% 0% 8,477 8,572 3,702 3,887 4,804 4,823 2015 2016 2015 2016 2015 2016 7
Slide 9: Northern Ireland
Northern Ireland Total income (DKK millions) Expenses (DKK millions) Profit before tax & goodwill (DKK millions) -7% -9% -26% 2,239 1,369 1,431 2,072 1,243 1,063 DKK DKK DKK DKK DKK DKK +5% -3% -16% GBP GBP GBP GBP GBP GBP 2015 2016 2015 2016 2015 2016 8
Slide 10: Solid capital position
Solid capital position Total capital ratio Core equity tier 1 capital ratio 21.8 21.0 16.3 16.1 2015 2016 2015 2016 9
Slide 11: Dividend distribution and share buy-back
Dividend distribution and share buy-back Proposal for a dividend of DKK 9 Share buy-back programme per share, or 45% of net profit for for DKK 10 billion the year in 2017 10
Slide 12: Priorities in 2016
Priorities in 2016 Launch of Wealth Management business unit Realising Nordic potential Digitalising processes Innovation Combatting financial crime 11
Slide 13: Our four strategic themes set the course for 2017
Our four strategic themes set the course for 2017 Digitalisation People & innovation & culture Nordic Customer experience potential 12
Slide 14: Regulations
Regulations Uniform rules across borders Balanced approach 13
Slide 15: Outlook for 2017
Outlook for 2017 Net interest income Net fee income Trading income & other income Expected to be higher than in Expected to be somewhat higher Not expected to benefit quite as 2016 because of increased than in 2016, although much from one-off items as in business volume and lower dependent on custom
Slide 16: Board of Directors' work
Board of Directors’ work 16 board meetings 25 meetings of the four board committees 6 meetings with the Danish FSA 15
Slide 17: Changes in the Board of Directors and the Executive Board
Changes in the Board of Directors and the Executive Board Martin Tivéus Jesper Nielsen Carsten Egeriis Nominated as new Head of Personal Banking Chief Risk Officer candidate for the Board of since 1 October 2016 Not later than 1 September Directors 2017 16
Slide 18: Clear and direct link between results and remuneration
Remuneration of the Executive Board Clear and direct link between results and remuneration No changes to fixed remuneration from 2016 No general changes for 2017 17
Slide 19: Great potential in the future
Great potential in the future 18
Slide 20: Thank you for your attention
Thank you for your attention 19
Slide 21: Disclaimer
Disclaimer Important Notice This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of Danske Bank A/S in any jurisdiction, including the United States, or an inducement to enter into