Vice chairman of the Board of Directors

Non-independent member of the Board of Directors since 2007 (has served on the Board of Directors for more than 12 years).

Re-elected in 2011, 2014, 2015, 2016, 2017, 2018, 2019 and 2020.

Term of service expires in 2021.

CEO.

Mads Ole Krage has long-term experience within the retail sector, e.g. as CEO of the retail chain Netto from 1980 to 2005, during which time the company implemented an ambitious growth strategy. Mads Ole Krage provides insight into the retail sector’s development, terms and expectations for its suppliers – also seen from an international/ European perspective. The Board of Directors also benefits from Mads Ole Krage’s experience within the strategic development of markets, sales and marketing.

Member of the audit committee and the remunerations committee.

DIRECTORSHIPS

Harboe Ejendomme A/S (Chairman)

Fair Trade Mærket Danmark

F.A. Thiele A/S

Thiele Partner A/S

Holdingselskabet af 17. december 2004

Shareholding in Harboe: 7,499 shares