Grundfos Foundation - Poul Due Jensen

Poul Due Jensen

Board Member

Occupation	Group President & CEO, Grundfos	Sex	M
First elected	1993 ()*	Year of birth	1971
Mandate expires	2027	Re-elected	Yes
Election	Poul Due Jensen was elected by the Board of Directors among the descendants of Grundfos’ founder, Poul Due Jensen. () Poul Due Jensen was initially elected in August 1993, effective from February 1994.*
Grundfos Shareholder	Yes
Special competencies	*Sales and marketing* Business Administration and Marketing and Executive education from Stanford University, IMD and INSEAD. Experience in sales, marketing and branding since 1994 Group Executive Vice President in Grundfos Holding A/S – responsible for sales, marketing and service from 2015 to 2019 *Management and leadership* Various leadership positions in Canada, USA, Singapore and Denmark *Grundfos history, development and values* Founder’s grandson Lifelong experience with Grundfos history, development and values
Other managerial positions or positions of trust	*Chairman of the Board of* GRUNDFOS Pumps Corporation, USA Grundfos (China) Holding Co. Ltd., China Grundfos Pumps (Shanghai) Co. Ltd., China Grundfos (Singapore) Pte. Ltd., Singapore *Board member of* Denmark’s export Credit Agency (EKF)
Independence	Poul Due Jensen 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 since 1994 (more than 25 years) Is an executive of the Grundfos Group Is a shareholder in the Grundfos Group

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