Tao Bindslev Linkedin: www.linkedin.com/in/tbindslev Blog: www.bindslev.com Email: tao@bindslev.com

Berggreensgade 21, 2100 Copenhagen, Denmark

+45 3051 7478

EDUCATION

2008 Harvard Business School Boston, MA Executive education, Corporate Boards

2000 - 2002 Scandinavian International Management Institute (SIMI) Copenhagen Executive Masters in Business Administration (eMBA)

WORK EXPERIENCE

2010 – Group Vice President Copenhagen Grundfos Management A/S § Head of the Water Utility and Agriculture business unit with €400 mln in global sales.

§ Chair water strategy team responsible for R&D, M&A and business development activities. § Member of the CEOs top 20 global leadership team § Negotiate deals and forge strategic partnerships with cities and water utilities § Grundfos ambassador on sustainable water practices and energy efficiency.

2006 – 2009 Partner Copenhagen Vækstfonden – Venture capital firm with more than €500 mln under management. § Co-founded “Need Driven Ventures”, an early-stage investment fund within Vækstfonden.

§ Investment strategy targeted software, telecom and medical technology opportunities. § Lead negotiator in closing early stage startups with investments up to €1,5 mln. § Responsible for deal sourcing, screening, selection, deal making and portfolio management. § Board member of Novitell A/S and responsible for 3 incubation projects / seed investment

2004 – 2005 Business Development Manager Copenhagen Risø DTU – National Laboratory for Sustainable Energy. § Incubated and accelerated sustainable technologies through startups and partnerships

§ Managed technology transfer and business incubation with 15 research analysts. § Designed stage-gate process and facilitated funding of new spin-out companies. § Responsible for assessment of more than 250 technologies developed within the Polymer

Research Department, Plasma Physics and Technology Research Departments.

2002 - 2003 Corporate Sales Manager New York City Bang & Olufsen America, Inc.

§ Business development targeted residential and commercial development projects. § Responsible for product placement with New York fashion event makers and media partners.

1998 – 2001

Managing Director and Co-founder Rainier Technology A/S acquired by Hewlett-Packard in 2001

Minneapolis / Copenhagen

§ First entrepreneurial experience included hires, fires, international expansion and exit to HP. § Member of leadership team that scaled the business to 200 employees and €25 mln in sales. § Key clients were Microsoft (Redmond), Siemens, IDG, Wells Fargo, GMAC Financial Services.

1995 – 1997 Consultant San Jose, California Microage, Inc. – $4.5 bn. technology services company with 5000 employees. § Consultant on technologys projects to Fortune 500 US companies in USA.

DIRECTORSHIPS

2015 – Director of the board Zeso Architects Aps Danish sustainable buildings in China 2004 – Chairman of the board Bindslev Holding ApS Investment 2008 – 2010 Director of the board Betterboards Danish Association of Board Directors 2008 – 2009 Director of the board Novitell A/S Vækstfonden portfolio company 1998 – 2001 Director of the board Rainier Technology A/S Consulting OTHER RELEVANT INFORMATION

Family: Lives with Anni Kammer and our 3 girls Ella (1), Sofie (3) and Zoe (14) Networks: Harvard Business School Alumni, SIMI Alumni, Carbon War Room, Presidents Club Languages: Bilingual Danish and English Born: 1974 Citizenship: Danish

BIOGRAPHY

Tao heads up the Water Utility and Agriculture business unit at Grundfos as Group Vice President. He has a background as a venture capitalist, entrepreneur and consultant, and brings to Grundfos his accrued expertise in strategy creation, innovative product design, and data driven business development. Tao is a Grundfos ambassador on climate change and sustainable water technologies as speaker, panelist and negotiator. He is passionate and active in pushing the water agenda and has signed milestone agreements with collaborators Richard Branson and Jose Maria Figurines in the Caribbean under the Carbon War Room partnership. He is actively participating Global Green Growth Forum (3GF) started with Ida Auken, which recently resulted in an agreement in Kenya between Mombasa Water Utilities, Danida and Grundfos with support from Minister of the Environment Kirsten Brosbøl. Before coming to Grundfos, Tao was a partner at the Venture Capital firm Vækstfonden. He worked with early-stage technology investments and was responsible for screening as well as investment and portfolio management. Prior to Vækstfonden, he co-managed the technology transfer unit at Risø National Laboratory for Sustainable Energy and lead the assessment of commercially viable technologies within the Polymer, Plasma Physics and Technology Research departments. Several technologies were successfully spun out into viable start-up companies or licensing deals. Earlier in his career, Tao worked in the consulting industry, first serving as technology expert to clients such as Lockheed Martin Missiles and Space, and later co-founded and served as managing director of Rainier Technology (acquired by Hewlett-Packard), where he secured major contracts fortune 500 companies like Siemens and Microsoft which was instrumental in growing the company from 20 to 200 employees prior to it’s acquisition. Tao has served on the board of directors for Novitell, Rainier Technology and Betterboards and has sat on numerous advisory boards in innovative growth companies. He holds an Executive MBA from SIMI and has studied executive courses at Harvard Business School. RECENT ACCOMPLISHMENTS

Sir Richard Branson, Prime Minister Kenny Antony and Tao Bindslev signs agreement that commits St. Lucia to 35% renewable energy by 2020 Creating Climate Wealth Summit Necker Island, British Virgin Islands, February 2014 The Carbon War Room lead accelerates the adoption of business solutions that reduce carbon emissions at gigaton scale and advance the low-carbon economy. Grundfos Foundation is a co-founder of the Carbon War Room.

Tao Bindslev negotiated milestone agreement with Kisumu Water Company to combat Non Revenue Water and reduce energy footprint in water infrastructure Non Revenue Water Conference Nairobi, Kenya, June 2014 Speaking at 3GF on how companies with an entrepreneurial approach to solving the water challenges can capture unprecedented business opportunities in the next decade while creating an significant impact for society and climate.

Grundfos brings water management solution to market to reduce water losses by 20% while improving energy efficiency First customer Slagelse, Denmark, April 2014 Non revenue water is one of the leading challenges responsible for water losses up to 80% in parts of the world. Grundfos has pioneered an integrated and affordable solution that manages the pressure through algorithms and sensors.