Arla Foods Annual Report 2020

Management Review Our Strategy Our Brands and Commercial Segments Our Responsibility Our Governance Our Performance Review Our Consolidated Financial Statements Our Consolidated Environmental, Social and Governance Data BOARD OF DIRECTORS (CONTINUED) Our Board of Directors (BOD) consists of 15 elected farmer owners, three employee representatives and two external advisors, who complement each other with different skills and expertise to conduct good global governance. Diversity in the BoD* 80% 20% Tenure 0-3 years, 50% 4-7 years, 25% ■8-19 years, 25% JAN TOFT NØRGAARD (1960) Member since: 1998 Nationality: Danish Profession: Dairy farmer Internal positions: Chairman of the Board, Learning and Development Committee, Remuneration Committee External positions: Comp. Board of the Danish Agriculture and Food Council 2009 - HELÉNE GUNNARSON (1969) Member since: 2008 Nationality: Swedish Profession: Dairy farmer Internal positions: Vice chairman of the Board Global Training Committee, Learning and Develop- ment Committee, Remuneration Committee External positions: Member of the Swedish Dairy Association 2014 -, Member of the Board of Varbergs Sparbank JONAS CARLGREN (1968) Member since: 2011 Nationality: Swedish Profession: Dairy farmer Internal positions: Global Appeals Committee, Remuneration Committee External positions: Chairman of the Board of the Swedish Dairy Association 2019 -, Member of the Board of the Swedish Farmers' Foundation for Agricultural Research 2016 -, Dairy Ambassador for UN High Level Political Forum ARTHUR FEARNALL (1963) Member since: 2018 Nationality: British Profession: Dairy farmer Internal positions: Chairman of the Arla UK Area Council, Global Appeals Committee MARCEL GOFFINET (1988) Member since: 2019 Nationality: Belgian Profession: Dairy farmer Internal positions: Member of the Global Appeals Committee External positions: Chairman of the Board of Agra Ost Agriculture Research, member of the municipal government of St.Vith MANFRED GRAFF (1959) Member since: 2012 Nationality: German Profession: Dairy farmer Internal positions: Chairman of the Arla Central Europe Area Council, Learning and Development Committee, Remuneration Committee External positions: Member of Board of the German Milch NRW 2007 -, Member of Board of the German Federation of Cooperatives 2015 - *The ratio pertains to all members of the BoD (including employee representatives and external advisors). Gender ratio within the elected members is 13 per cent female, 87 per cent male. In accordance with section 99b of the Danish Financial Statements Act, in 2019 Arla set a 4-year target to achieve a female representation in the general assembly members of the Board of Directors of at least 13 per cent, reflecting the gender ratio of our Board of Representatives. NANA BULE (1978) Member since: 2019 Nationality: Danish Profession: CEO of Microsoft Denmark & Iceland External positions: Member of the Board of Energinet 2018 -, Member of the Board of Confederation of the Danish Industry 2019 - HÅKAN GILLSTRÖM (1953) Member since: 2015 Nationality: Swedish Profession: Dairy worker External positions: Member of the Swedish workers' union RENÉ LUND HANSEN (1967) Member since: 2019 Nationality: Danish Profession: Dairy farmer External positions: Member of the cattle section and the Comp. Board of the Danish Agriculture and Food Council 2019-, Member of the Board of Agri Nord 2012- 43 ARLA FOODS ANNUAL REPORT 2020

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