ORGANISATION

Topsoe Fuel Cell is organised under Danish law as a privately held limited liability company. Within that framework, shareholders have the ultimate authority over the company and they exercise this right at general assemblies.

The board of directors supervises the performance of the company, its management and organisation on behalf of the shareholders. It also participates in determining the company strategy. Members of the board are:

Dr. Haldor Topsøe Chairman Owner and founder of Haldor Topsøe A/S Jens Rostrup-Nielsen Deputy Chairman Director Special Projects in Haldor Topsøe A/S Niels Kegel Sørensen Board member Managing Director of Haldor Topsøe A/S Ole Ekner Board member Director Technology Division of Haldor Topsøe A/S	Henrik Topsøe Board member Managing Director of Haldor Topsøe Holding Claus Olsen Board member Managing Director of Topsoe Fuel Cell Bjerne S. Clausen Board member Director R&D of Haldor Topsøe A/S Sven Riskjær Board member External

The company business structure is based on a lean organization in line with the specific objective of focusing and accelerating our efforts on the SOFC area. Accordingly, the company is relying on a service agreement with Haldor Topsøe providing all administrative services and a network of collaboration partners. The service agreement and the collaboration partners ensure flexibility, professional back office functions, and a first rate development environment, both in terms of raw materials and application of solutions.

Topsoe Fuel Cell believes in strategic development partnerships with mutual participation and obligations based on complementing business interests. For such partners, we offer state of the art SOFC cells and stacks, as well as catalyst and process know-how for fuel clean-up and reforming.