Varengold Bank AG / Key word(s): AGM/EGM/Miscellaneous 12.08.2014 18:55 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hamburg, August 12th, 2014 - The shareholders of Varengold Bank AG (WKN 547930) have agreed to all agenda items at today's ordinary general meeting in Hamburg. Thus, the incumbent members of the board of managing directors and the supervisory board were given discharge for the financial year 2013 and the appointment of the external auditor NPP Niethammer, Posewang & Partner GmbH for the financial year 2014 was agreed. In addition, the current acting members of the supervisory board of the company were elected for a continuing term of office with a majority of votes of 99,99 %. Furthermore the shareholders' agreed to a variable remuneration for the members of the board of managing directors and employees, which can add up to 200 percent of the fixed salary of the particular member of the board of managing directors respectively the employee. 12.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Varengold Bank AG Große Elbstraße 27 22767 Hamburg Germany Phone: +49 (0)40 / 668649-0 Fax: +49 (0)40 / 668649-49 E-mail: [email protected] Internet: www.varengold.de ISIN: DE0005479307 WKN: 547930 Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard) End of Announcement DGAP News-Service ---------------------------------------------------------------------------