Columbus — Board/Management Information 2016

Oct 26, 2016

Release no. 26/2016

Today, the Board of Directors in Columbus A/S has decided to expand the
registered Executive Board. Besides CEO & President Thomas Gregers Honoré,
Corporate CFO Hans Henrik Thrane will thus join the Executive Board. This
expansion will be registered in the Danish Business Authority.

Futhermore, the Board of Directors in Columbus A/S has today entered into
agreements with the members of the Executive Board about a supplementary
incentive program.

The incentive program gives the Executive Board members right to an
extraordinary cash bonus, corresponding to an amount of between 1% and 5% of
the increase in the Company’s market value (based on the share price) since 31
December 2015, in the event that the ownership of the current majority
shareholder, Consolidated Holdings A/S, is reduced to below 30%, except if
reduction is caused by capital increase in relation to acquisitions. The
percentage is dependent on realization of certain EBITDA goals in the fiscal
years 2016-2020 in the Columbus group.

The agreements are conditional on continued employment. The agreements are
valid during the employment of the Executive Board members and up to 9 months
after.

It is not possible to calculate the theoretical current value of the program.

Ib Kunøe Thomas Honoré
Chairman CEO & President
Columbus A/S Columbus A/S
For further information, please contact:
CEO & PresidentThomas Honoré, T: +45 70 20 50 00.

Translation: In the event of any inconsistency between this document and the
Danish language version, the Danish language version shall be the governing
version.