Announcement No. 3, 2016 - New CEO

May 24 2016

In connection with the search for a new CFO, the Board has considered a range of options, and in this connection decided to reduce the Executive Management team.

J. Lauritzen A/S has entered into an agreement with Mads P. Zacho to take up the position as CEO. Mads will replace Jan Kastrup-Nielsen as CEO of J. Lauritzen A/S. The handover will be effected as soon as possible and is expected no later than 1 December 2016.

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