Niels Bjørn Christiansen

Born 1966.
Joined the Supervisory Board in 2006

CEO, Danfoss A/S. Former Executive Vice President and COO, GN Store Nord A/S.

Educational background: B.Sc., E.E., MSc (Engineering), MBA Insead.

Chairman of Danfoss Compressors Holding A/S, Danfoss Industries Private Limited, India and Sea Recovery Inc.

Deputy chairman of Danfoss (Tianjin) Limited, China.

Board member of TrygVesta A/S, TrygVesta Forsikring A/S, Bang & Olufsen A/S, Axcel A/S, Danfoss Universe, Danfoss Drives A/S, Danfoss Ejendomsselskab A/S, Danfoss Ventures A/S, Danfoss International A/S, Danfoss Bauer GmbH, Germany, Danfoss Semco A/S, Danfoss-Murman Holding A/S, Sauer-Danfoss Inc., Provinsindustriens Arbejdsgiverforening and DI Hovedbestyrelse.

Mr Christiansen has experience with international businesses, including from his work at Danfoss and GN Store Nord A/S. He has competencies within management, strategy, IT,
processes, distribution, innovation, production, finance and private and listed companies.

Number of shares held: 100.