Grundfos Foundation - Ingermarie Due Nielsen

Ingermarie Due Nielsen

Board Member

Occupation	Stud farm owner	Sex	F
First elected	1975	Year of birth	1951
Mandate expires	2025	Re-elected	Yes
Election	Ingermarie Due Nielsen was elected by the Board of Directors among the descendants of Grundfos’ founder, Poul Due Jensen
Grundfos Shareholder	Yes
Special competencies	*Economy and finance* Board member in Nutrax Finance from 1991 to 1996 *Management and leadership* Manager – Elkær Stutteri from 1974 Board member and consultant in Nutrax ApS from 1992 to 2004 Board member in Elkær Stutteri ApS from 1986 -1992 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	Chairman, Ingermarie Due Nielsen’s Fond Board member, Jubilæumsfonden for Grundfos A/S
Independence	Ingermarie Due Nielsen does not meet the independence criteria as defined by the Danish Committee for Good Foundation Governance for the following reasons: 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