Board of Directors Duni’s Board of Directors comprises five members elected by the Annual General Meeting as well as two employee representatives and two alternates. The Board of Directors is the Company’s highest decision-making body after the general meeting. The Board’s overarching duty is to decide upon the Company’s business focus, the Company’s resources and capital structure, as well as the Company’s organization and management of the Company’s affairs. The directors are elected each year at the annual general meeting for a term of office until the close of the next annual general meeting. The Board shall comprise no fewer than three and no more than 12 ordinary members. In addition, there may be employee representatives. Anders Bülow Born 1953 Chairman of the Board since 2009 Board Chairman: KappAhl AB and Feralco Holding AB. Director: Mellby Gård AB, Roxtec AB, Student Consulting AB and Älvsbyhus AB. Work experience: President, Mellby gård Industri AB 2002-2013 President and CEO, Boliden Vice President, Trelleborg AB Education: Mr Bülow holds a BA in Business Economics from the University of Stockholm Elected: 2008 Shares in Duni: 10,000 Not independent in relation to Duni’s largest shareholder Pauline Lindwall Born 1961 Senior Advisor Director: Celesio AG Work experience: Category Director Coffee, France and Southern Europe Kraft/Mondelezas well as many years’ experience in various senior positions within the Nestlé Group both in Asia and in Europe, such as Country Business Manager Nestlé Nutrition in Germany and in Indonesia. Education: Ms. Lindwall holds an MBA from the University of Växjö. Elected: 2014 Shares in Duni: 1,000 Independent of the Company, company management and Duni’s larger shareholders Alex Myers Born 1963 President and CEO, Getinge AB Work experience: President and CEO, Hilding Anders Group President, ArjoHuntleigh / Executive Vice President Getinge Group Senior Vice President, Western Europe and Global Sales & Marketing as well as member of the management group of Carlsberg Breweries Vice President Marketing & Innovation and member of the management group of Pripps-Ringnes (Orkla Drinks) Several middle management positions at Unilever in Sweden and Germany. Education: Mr Myers holds a BA in Organizational Behavior from Yale University, USA Elected: 2013 Shares in Duni: 2,000 Independent of the Company, company management and Duni’s larger shareholders Pia Rudengren Born 1965 Board Chairman: Social Initiative AB. Director: KappAhl AB, Swedbank AB and Tikkurila Oyj. Work experience: Professional director Vice President, W Capital Management AB CFO and member of the management group of Investor AB Education: Ms Rudengren holds an MBA from the Stockholm School of Economics. Elected: 2007 Shares in Duni: 1,200 Independent of the Company, company management and Duni’s larger shareholders Magnus Yngen Born 1958 President and CEO, Camfil Board Chairman: Sveba Dahlen AB. Director: Dometic Group and Intrum Justitia. Wok experience: President and CEO, Dometic President and CEO, Husqvarna Vice President, Electrolux Education: Mr Yngen holds a Master of Engineering and Licentiate of Technology from the Royal Institute of Technology, Stockholm. Elected: 2008 Shares in Duni: 3,000 Independent in relation to the Company, company management and Duni’s larger shareholders Per-Åke Halvordsson Born 1959 Employee representative for PTK Mr Halvordsson is employed as an Organisation/Management Resource at Rexcell Tissue & Airlaid AB Mr Halvordsson has undertaken PTK board training Elected: 2005 Shares in Duni: 0 Not independent in relation to the Company Henry Olsen Born 1953 Employee representative for LO Employee representative on the Board of Rexcell Tissue & Airlaid AB Mr Olsen is employed as an operator at Airlaid TM3 at Rexcell Tissue & Airlaid AB Mr Olsen has undertaken Pappers’ board training Elected: 2012 Shares in Duni: 0 Not independent in relation to the Company