Michael Olufsen

Chairman of the Supervisory Board and chairman of the remuneration committee
Born 1943.
Joined the Supervisory Board in 2002

Professional board member. Former CEO of Toms Chokoladefabrikker A/S.

Educational background: MSc (Forestry); PMD Harvard Business School.

Chairman of TryghedsGruppen smba, TrygVesta A/S, TrygVesta Forsikring A/S, Malaplast Co. Ltd. Bangkok, Advisory Board of CareWorks Africa Ltd. and The Danish Rheumatism Association.

Deputy chairman of the Board of Trustees of the Egmont Foundation. Egmont International Holding A/S, Ejendomsselskabet Gothersgade 55 ApS and Ejendomsselskabet Vognmagergade 11 ApS.

Board member of WWF in Denmark and Danmark-Amerika Fondet.

Mr Olufsen has experience in managing large international companies, including strategic development, and experience as a board member of Danish and international companies.

Number of shares held: 3,018.