Specification og competency og the Boars of Directors of Copenhagen Airports A/S

Purpose
The purpose of this specification is to provide a profile of competency of the Board of Directors of Copenhagen Airports A/S ("CPH") with a view to optimise its composition.
Proposals for the nomination/replacement of members of the Board of Directors to be submitted to the general meeting are prepared in the light hereof.

Copenhagen Airports A/S
Copenhagen Airport is of vital importance for Denmark´s national and international air traffic communications.
As stated in the Air Navigation Act, Copenhagen Airports A/S principal objective is to own, operate and enlarge the airport in Kastrup. The company shall ensure that the aerodrome at all times covers Denmark's requirements for national and international, including intercontinental flight services by being able to offer the necessary capacity as regards handling of air traffic.
It is the vision for Copenhagen Airport to be the best airport in the world for passengers and airlines.

In order to strive for the vision, Copenhagen Airport must successfully seek to maintain the reputation as a quality airport and improve satisfaction through a focused service delivery satisfying the main needs of passengers. The airport must increase the traffic growth rate in order to retain the European market share and make the airport a profitable and cost effective airport for the airlines.

The board of directors
The Board of Directors of Copenhagen Airports shall arrange for a proper organisation of the company’s entire operations and shall ensure that the company is managed in a satisfactory manner in order to secure that the aerodrome in Kastrup at all times covers Denmark's requirements for national and international flight services.
It is important to recruit people to the Board of Directors who possess, between them, competences enabling them to handle the interests of the shareholders in the best possible manner with due regard for the company's other stakeholders.

In order to support the legislative requirements and the company vision described above, the majority of board members should have a relevant professional background with a particular focus on the airport or other relevant sectors. The qualifications must include corporate advisory experience primarily on business and financial advisory, commercial operations and aviation developments.

Several members of the Board of Directors must have experience with airport regulatory requirements, the public sector and other aviation stakeholder relations, good corporate governance and communication practice.

Board members should possess the following personal characteristics: Open and honest, result-oriented, fact-based analytical thinkers with strong strategic capabilities, and a genuine interest in leading a company with the special characteristics of Copenhagen Airports A/S.

In addition to the members of Board of Directors elected at the general meeting, a number of members are elected by the employees in compliance with the Danish Companies Act. To be eligible for election, a candidate must have been employed at Copenhagen Airports for a full year preceding the election.