Biography

Sven Madsen joined the Board in 2007.

Sven Madsen is CFO in Consolidated Holdings A/S and has a background as an auditor in a number of auditing firms. Sven Madsen has been working with corporate reporting, financing, and corporate management in Codan Insurance, FLS Industries, SystemForum, Atea and Consolidated Holdings. His special competencies are financial accounting, economic and financial trouble shooting and mergers and acquisitions. Sven Madsen holds a Graduate Diploma in Financial and Management Accounting and an MSc in Business Economics and Auditing.

Does not fulfill the Committee of Corporate Governance definition of independency.

Chairman of the board for:

CHV III A/S

Member of the board in:

Atea ASA, Consolidated Holdings A/S, core:workers AB, core:workers Holding A/S, X-Yachts A/S, Netop Solutions A/S, Ejendomsaktieselskabet af 1920 A/S, CHV V A/S, DAN-Palletiser Finans A/S and MonTa Biosciences ApS.

Special competencies:

General management, M&A, business Development, economic and financial issues.