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BOARD OF DIRECTORS’ STATEMENT

The Board of Directors have today considered and approved the annual report for the financial year January 1 through December 31, 2021.

The annual report is presented in accordance with Danish generally accepted accounting principles. In our opinion, the financial statements give a true and fair view of the financial position on December 31, 2021 and of the financial performance for the financial year January 1 to December 31, 2021.

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In our opinion, the management review (on pages 10-11) contains a true and fair view of the affairs and conditions referred to herein.

We recommend that the annual report be adopted at the annual general meeting.

Aarhus, March 21, 2022

Kristina Risom Jespersen

Jens Riis Andersen

Karina Schmitt Lund

Kasper Vinther Olesen

Michael Jensen

Nick Melgaard

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