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Investor Presentaiton

57 A.P. Moller-Maersk Annual Report 2020 Directors' Report Governance Board of Directors =1 Arne Karlsson Born: Gender: Joined the Board: Current election period: Thomas Lindegaard Madsen 1958 Born: Male Gender: 2010 2019-2021 Chairman of the Audit Committee, member of the Remuneration Committee. Considered independent. Former CEO of Ratos AB Other management duties, etc. Ecolean (Chairman) ⚫ Einar Mattsson (Chairman) .FAPM Fastighets AB (Chairman) ⚫ KANA I Ramundberget AB (Chairman) ROL AB (Chairman) Rödingbäcken | Ramundberget AB (Chairman) ⚫ Swedish Corporate Governance Board (Chairman) ⚫ TAK Advisory Ltd (Chairman) ⚫ WCPF (World's Children's Prize Foundation) (Chairman) Swedish Securities Council (Board member) ⚫ Girovent Holding AB (Board member) Advisory Board for The ESS (European Spallation Source) (member) Education ⚫ Bachelor in Business and Economics, Stockholm School of Economics, 1982 Qualifications Experience as CEO and board member of private equity and industrial companies and with managing and developing a diverse portfolio of businesses operating in different markets. Attendance in Board and Committee meetings during 2020 8 out of 8 Board meetings 6 out of 6 Audit Committee meetings 3 out of 4 Remuneration Committee meetings 1 In 2020, the Remuneration Committee held four meetings; one before Arne Karlsson joined. 1972 Male 2018 Current election period: 2020-2022 Joined the Board: Not considered independent due to employment in A.P. Moller Maersk. Captain, Maersk Line Other management duties, etc. ⚫ None Education Graduated Master, Svendborg Navigations Skole, 1996 Qualifications Captain in Maersk Line since 2011 and Chief Officer in Maersk Line from 2004-2011. Technical, maritime and operational knowledge relevant to the shipping activities in A.P. Moller-Maersk. Attendance in Board and Committee meetings during 2020 8 out of 8 Board meetings Blythe S. J. Masters Born: Gender: Joined the Board: Current election period: Jacob Andersen Sterling Robert Mærsk Uggla Born: Gender: 1969 Female 2020 Born: Gender: Joined the Board: 2020-2022 Member of the Transformation & Innovation Committee Considered independent Industry Partner at the private equity firm Motive Partners and CEO of the special purpose acquisition corporation, Motive Capital Corp, sponsored by Motive's funds Other management duties, etc. • Member of the International Advisory Board of Santander Group ⚫ Board Member of Santander Open Digital Services ⚫ Board Member and Audit Committee Chair of GCM Grosvenor¹ • Board Chair and Audit Committee Chair of Phunware Inc. (Nasdaq: PHUN) • Advisory Board Member of Figure Technologies, Inc. • Advisory Board Member of Maxex, LLC Education ⚫ Bachelor of Arts: Economics, Trinity College, Cambridge Qualifications Experienced financial services and technology executive with extensive knowledge in start-ups and blockchain and extensive corporate governance and advisory experience. Attendance in Board and Committee meetings during 2020 6 out of 82 Board meetings 3 out of 43 Transformation & Innovation Committee meetings 1 Listed company 2 In 2020 the Board held eight meetings; one before Blythe S. J. Masters joined. 3 One Transformation & Innovation Committee meeting was held prior to joining. Current election period: 1975 Male 2018 2020-2022 Not considered independent due to employment in A.P. Moller-Maersk. Head of Technical Innovation, A.P. Møller-Mærsk A/S Other management duties, etc. • Member of the Board of Directors, NEPCon • Member of the Board of Trustees, Sustainable Shipping Initiative Education ⚫ MSc in Biology, University of Copenhagen, 2002 Qualifications Relevant knowledge within product management, technical innovation and sustainability, through employment in Maersk Line since 2009. Attendance in Board and Committee meetings during 2020 Board meetings 8 out of 8 1978 Male Joined the Board: 2014 Current election period: 2020-2022 Member of the Nomination Committee, the Remuneration Committee and the Transformation & Innovation Committee. Not considered independent due to the position as CEO of A.P. Møller Holding A/S. CEO, A.P. Møller Holding A/S Other management duties, etc. The Drilling Company of 1972, A/S' (Vice Chairman) ⚫ A.P. Møller Capital P/S (Chairman) Maersk Tankers A/S (Chairman) Maersk Product Tankers A/S (Chairman) ZeroNorth A/S (director) Agata ApS (CEO) Estemco XII ApS (CEO) IMD (director of the foundation board) • International Business Leaders' Advisory Council (member) Board positions in a number of controlled. subsidiaries of A.P. Møller Holding A/S Education ⚫ MSc in Business Administration (2003), Stockholm School of Economics, including studies at Università Commerciale Luigi Bocconi • Executive education at The Wharton School of the University of Pennsylvania, Stanford Business School and Harvard Business School, and IMD Qualifications Leadership experience within investments, incubation, transportation & infrastructure activities. Attendance in Board and Committee meetings during 2020 8 out of 8 5 out of 5 4 out of 4 4 out of 4 Board meetings Nomination Committee meetings Remuneration Committee meetings Transformation & Innovation Committee meetings. 1 Listed company
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