Investerarrelationer

CCO since 9/1-14 Profession: Chief Commercial Officer at Penneo Description: André Schack is one of the co-founders of Penneo and has been a key factor in driving the Company forward. In addition, he has been able to provide Penneo with valuable insights from the auditing industry. André is a gifted salesperson, and with unique relationship management skills, André has played an important role in the high growth rates related to the attraction of new customers. In addition, André Schack plays a leading role in the European expansion as a vital part of Penneo’s task force, which primarily focuses on attracting Big 4 firms across new European markets. André Clement Schack owns, through André Clement Holding ApS, 1,851,382 shares in Penneo A/S. André Clement privately holds 787,029 warrants in Penneo A/S.

Profession: Chief Financial Officer at Penneo Description: Casper Christiansen has since 2018 been the key driver behind the development of structured financial processes in Penneo for improved financial insights regarding e.g. ongoing forecasting, SaaS metrics, profitability etc. In addition, Casper continuously supports the organization regarding the financial aspects of decision making – thus ensuring that all key decisions in Penneo are fact-based and in accordance with the financial situation. With the onboarding of Casper, all management accounting functions have been reallocated back to Penneo, and the financial team today comprises five people. Before joining Penneo, Casper Christiansen was CFO in SpotOn Marketing, where he played a key role in the disposal of the company to the private equity fund, Adelis. Educational background: Cand.merc.aud, Copenhagen Business School Casper Nielsen Christiansen privately owns 3,761 shares in Penneo A/S. Casper Nielsen Christiansen privately holds 122,546 warrants in Penneo A/S.

CTO & Board Member since 9/1-14 Profession: CTO at Penneo Description: Jan Flora is one of the co-founders of the company. Jan Flora has since the foundation of the Company been the spearhead of product development, innovation, and development of new markets. Jan has had experience with other tech companies before co-founding Penneo in 2014. Educational background: Msc. In Computer Science, University of Copenhagen, Bsc. In Mathematics and Computer Science, University of Copenhagen Jan Flora owns, through Flora IT ApS 2,327,427 shares in Penneo A/S. Jan Flora privately holds 787,029 warrants in Penneo A/S.

Interim CEO since 28/9-20 Profession: Professional board member Description: Nicolaj Højer Nielsen is a serial entrepreneur, board member, and business angel and has been building startups since 1999. He has co-founded and/or invested in thirteen companies within IT and biotech. Nicolaj Nielsen holds an MBA from INSEAD and an MSc in Marketing from Copenhagen Business School and is an external lecturer within entrepreneurship at Copenhagen Business School. Other key positions: External lecturer Copenhagen Business School, Board member in InProTher, Board member in Forgotton Anne, Board member in MeetinVR, Board member in Motilitycount, Board member in Estaldo, CEO in Copenhagen Unite Educational background: HA, Aalborg Universitet, Cand.merc., Copenhagen Business School, MBA, INSEAD Nicolaj Højer Nielsen owns, through BIOSTRAT BIOTECH CONSULTING ApS 2,890,829 shares in Penneo A/S.

Board member since 29/12-19 Profession: CEO Andersen Advisory Group A/S Description: Michael Moesgaard Andersen is a serial entrepreneur, board member and business angel. Michael Moesgaard has been one of the leading actors within Danish telecommunication companies in the last decades. Michael Moesgaard founded and sold CBB Mobil and has been active in numerous other tele and SaaS startup companies through his company Andersen Advisory Group A/S. Alongside his impressive track-record within tech and entrepreneurship, Michael Moesgaard is also an adjunct professor at Copenhagen Business School. Other key positions: Adjunct professor at Copenhagen Business School, Owner of Andersen Advisory Group A/S, Board member in Konsolidator A/S, Chairman of board in Qemploy A/S, Chairman of board in Danske Færdighedsspil A/S, owner of Configit build A/S, Chairman of board Valuer.ai ApS, Chairman of board in Mobilepeople solutions A/S, Board member in ITU Business Development A/S Educational background: Msc. Cand.scient.pol, Aaarhus University, Graduate diploma (HD), Copenhagen Business School Dependent of Company Michael Moesgaard Andersen owns, through Andersen Advisory Group A/S 3.164.744 shares in Penneo A/S.

Chairman since 23/1-19 Profession: CEO at Simplesite Description: Morten Elk is a serial entrepreneur, board member and business angel. He started his career in 1997 after leaving a postdoctoral position in Physics to co-found what became a leading Danish digital agency that was exited to Swedish Adcore in 1999. In 2003, Morten Elk co-founded SimpleSite, a global player in the DIY website building services, where he remains the CEO today. Alongside, Morten Elk has invested in several start-ups and is the initiator and driver behind the event series Nordic Growth Hackers where participants in the tech community in Copenhagen gather to share growth experiences and tactics. Other key positions: Chairman of the Board at Tibalo ApS, CEO Kunai Ads ApS Educational background: Ph.D. Physics, University of Copenhagen Independent of Company Morten Kenneth Elk privately owns 18,083 shares in Penneo A/S. Morten Kenneth Elk privately holds 283,167 warrants in Penneo A/S.