Grundfos Foundation - Estrid Due Hesselholt

Estrid Due Hesselholt

Board Member

Occupation	Retiree	Sex	F
First elected	1975	Year of birth	1946
Mandate expires	2022	Re-elected	Yes
Election	Estrid Due Hesselholt was elected by the Board of Directors among the descendants of Grundfos’ founder, Poul Due Jensen
Grundfos Shareholder	Yes
Special competencies	*Sales and marketing* Independent fashion shop owner (1975 – 1985) Manager HR and marketing at Hesselholt Fisk Eksport A/S (1985 – 2007) *Management and leadership* Independent fashion shop owner (1975 – 1985) Manager HR and marketing at Hesselholt Fisk Eksport A/S (1985 – 2007) Board member at Hesselholt Fisk Eksport A/S (1981 -2009) Charitable donations Board member, Jubilæumsfonden for Grundfos A/S *Grundfos history, development and values* Founder’s daughter Lifelong experience with Grundfos history, development and values
Other managerial positions or positions of trust	Board member, Jubilæumsfonden for Grundfos A/S
Independence	Estrid Due Hesselholt does not meet the independence criteria as defined by the Danish Committee for Good Foundation Governance for the following reason: Has been a member of the Board of the Poul Due Jensen Foundation more than 12 years Is a shareholder in the Grundfos Group Is an aunt of Grundfos’ CEO, Poul Due Jensen