Ownership

LEADERSHIP TEAM

Steen Pedersen

Head of Global Real Estate

Born: 1960

Education: BSc in Civil Engineering, Technical University of Denmark, 1986. Executive MBA, Scandinavian International Management Institute, 2003. Executive education at INSEAD, Wharton and London Business School

Career and positions

1986-1993 ABB Energy and Industry, Project Manager and Manager 1993-2010 NNE Pharmaplan. (1993-1997) Manager. (1997-2010) Vice President 2010-2013 Alvent A/S. (2010-2011) Director. (2011-2013) CEO & Co-owner 2013- KIRKBI A/S, Head of Global Real Estate

Other management positions

Member of the Board of nine fully owned subsidiaries of KIRKBI A/S

Thomas Lau Schleicher

Chief Investment Officer

Born: 1973

Education: MSc in Finance and Accounting, Aarhus School of Business, 1998

Career and positions

1998-2000 Handelsbanken, Associate 2000-2001 Alfred Berg Bank, Associate 2001-2010 EQT Partners, Director 2010- KIRKBI A/S, CIO

Other management positions

Member of the Board of Founders A/S, Boston Holding A/S and one fully owned subsidiary of KIRKBI A/S. Supervisory Board Member and Advisory Board Chairman of Minimax Viking Group

Søren Thorup Sørensen

Chief Executive Officer

Born: 1965

Education: MSc in Accounting and Audit. State Authorised Public Accountant

Career and positions

1987-2006 KPMG, Partner 2006-2009 A. P. Møller Mærsk, CFO 2010- KIRKBI A/S, CEO

Other management positions

Member of the Board of LEGO A/S, Falck A/S, Merlin Entertainments plc, Ole Kirk’s Foundation, Koldingvej 2 Billund A/S, Boston Holding A/S (chairman) and five fully-owned subsidiaries of KIRKBI A/S

Kurt Carstensen

Chief Financial Officer

Born: 1961

Education: MSc in Finance and Accounting, University of Southern Denmark, 1990. State Authorised Public Accountant

Career and positions

1992-1997 Deloitte, Partner 1997-2004 LEGO System A/S, Vice President 2005-2006 Alstom Power FlowSystems, CFO 2006-2008 Louis Poulsen Lightning A/S, CFO 2009-2011 GPV International A/S, CFO 2011- KIRKBI A/S, CFO

Other management positions

Chairman of the Board of Kvist Industries A/S. Member of the Board in Isabella Holding Vejle, A/S, Sirena A/S, Dansk Skorstensteknik A/S and twelve fully owned subsidiaries of KIRKBI A/S

BUSINESS AREAS

CONTENTS

Strategic Activities

28 The LEGO Group 30 Merlin Entertainments plc 32 Renewables

Investment Portfolio

34 Investment activities 37 Long-term equity investments 38 Real estate investments