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CORPORATE PRESENTATION 2009

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Grundfos Corporate presentation November 2009

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Page 1: Corporation Presentation Nov 09

CORPORATE PRESENTATION2009

Page 2: Corporation Presentation Nov 09

CONTENT

Grundfos in brief Organisation

Basic

values Business areas

Grundfos’

history Sales and service

Certificates Supply

chain

Key

figures The future

Page 3: Corporation Presentation Nov 09

GRUNDFOS IN BRIEF

Page 4: Corporation Presentation Nov 09

Grundfos in brief

Founded

in 1945 by Poul Due Jensen

Annual

production

of more than

16 million pump units

Turnover

of DKK 19 billion in 2008

About

17,000 employees

worldwide

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 5: Corporation Presentation Nov 09

Grundfos in brief

Grundfos primarily

manufactures:•

Circulator

pumps•

Water booster

pumps/systems•

Submersible

pumps •

Industrial pumps •

Dosing

pumps

The world’s

largest

manufacturer

of circulator

pumps •

Production

and sale of electronic

motors•

Development, production

and sale of electronis

for the control

of pumps and pump systems

Development, production

and sales of New Business products.

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 6: Corporation Presentation Nov 09

Grundfos in brief

CEREG:13 sales companies3 production companies5 other brands

CHINA:2 sales companies1 production companies1 other brand

NAMREG:3 sales companies2 production companies3 other brands

STAR:7 sales companies

WEREG:16 sales companies6 production companies5 New Business companies3 other brands

APREG:9 sales companies2 production companies2 other brands

Back to content

Page 7: Corporation Presentation Nov 09

Production

Hungary

France

Taiwan United Kingdom

Germany

Singapore U.S.A.Denmark

Mexico

Russia

Finland

China

Back to content

Page 8: Corporation Presentation Nov 09

Grundfos in brief

Danish companies:

Grundfos Management A/S

(Grundfos Holding A/S)

Grundfos A/S (Production)

Grundfos DK A/S (Sales)

Grundfos Finance

A/S (Finance)

Approx. 4,300 employees

in Denmark

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 9: Corporation Presentation Nov 09

BASIC VALUES

Page 10: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

BE–THINK–INNOVATE

BEING RESPONSIBLE

IS OUR FOUNDATION

THINKING AHEADMAKES IT POSSIBLE

INNOVATIONIS THE ESSENCE

Page 11: Corporation Presentation Nov 09

Values

Sustainability

People in focus

Responsibility

Global thinking

Open and thrustworthy

Leadership

Partnership

Independence

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 12: Corporation Presentation Nov 09

Mission

Grundfos is one

of the world’s

leadingpump manufacturers

and shall:

Develop, manufacture

and sell

high

quality

pumps and pump systems

Make

the lives of human beings

easier

Actively

contribute

to a better

global environment

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 13: Corporation Presentation Nov 09

Vision

Grundfos strives to create a futurewhere:

The customers recognise us at the leading manufacturer and business partner.

The employees enjoy a demonstrably high degree og satisfaction and good development opportunities

Society at large recognises Grundfos because we meet our objectives of responsibility

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 14: Corporation Presentation Nov 09

GRUNDFOS’

HISTORY

Page 15: Corporation Presentation Nov 09

Historical

milestones

Founded by Poul Due Jensen

First mass produced pumps are introduced to the market

Poul Due Jensen dies, 65 years old

Niels

Due Jensen becomes the new Group President

1945 1952 1960 1968 1977 1978

The Grundfos company is established abroad

Change of name from Grundfoss

to Grundfos

Back to content

Page 16: Corporation Presentation Nov 09

Historical

milestones

1983 1987 1990 1993 20082006

Electronics

production

Technology and development centre is inaugurated

Jens Jørgen

Madsen becomes the new Group President

Carsten

Bjergbecomes the new Group President

1984 1985 1995 20012000 20052003

Turnover: DKK 1 billion

Turnover: DKK 5 billion

Turnover: DKK 10 billion

Turnover: DKK 15 billion

50th anniversary

10,000 employees More than 18,000 employees

60th anniversary

5,000 employees

2,500 employees

Back to content

Page 17: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Poul Due Jensen

Founded the company in 1945

Inspired and visionary inventor

Understood the value of working together

A major personality in Danish industry

Died at the age of 65 in 1977

Page 18: Corporation Presentation Nov 09

Niels Due Jensen

Group Chairman from 2003

Group President from 1978-2003

Increased growth during the period:

The number of companies and employees multiplied

from 7 to 63 companies

From 2,800 to 11,700 employees

In 2001 the turnover reached DKK 10 billion

Strong dedication to electronics development

Focus on innovation initiatives

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 19: Corporation Presentation Nov 09

Jens Jørgen Madsen

Group President from 2003-2006

Member of Group Management from 1991-2006

Group IT, Group Finance (CFO) and Marketing as main areas of responsibility

Member of the board of more than 25 Grundfos companies

Employed at Grundfos for more than 30 years

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 20: Corporation Presentation Nov 09

Carsten Bjerg

Present Group President since 2006

Vice Group Presiden

2003-2006

Director of production and logistics 2000-2006

Member of Group Management in 2000

Director of international production 1997-2000

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 21: Corporation Presentation Nov 09

GRUNDFOS logo

1952 2001

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 22: Corporation Presentation Nov 09

Product

milestones

1952 1959 1965 1984 1990 2000

2001 20012001 2001 2001 2007

CP-pump VP circulator pump

Stainless SP pump

Wastewater pumps

Intelligent pumps (Micro Frequency Converter)

Dosing

Magna SQFlex SE1/SEV pump ALPHA Pro Digital Dosing ALPHA2

Back to content

Page 23: Corporation Presentation Nov 09

Company aquisition

milestones

1988 1998 1999 20001993 1996 2001 20022002 2003

Back to content

Page 24: Corporation Presentation Nov 09

2004 2006 2006 20062005 2005 2006 20072007 2008

Company aquisition

milestonesBack to content

Page 25: Corporation Presentation Nov 09

CERTIFICATES

Page 26: Corporation Presentation Nov 09

Certificates

1999 20082004 2005 2005 20062006

OHSAS18001

EMAS Price winner EMAS

WinnerSocial responsibility, employee development and involvementBest workplaces

in EuropeISO 14001

Back to content

Page 27: Corporation Presentation Nov 09

KEY FIGURES

Page 28: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Net turnover% of annual growth rate

2.500

2.000

500

02004 2005 2006 2007

1,63

4

1,80

1

2,06

3

150

100

50

02004 2005 2006 2007

166

168

198

9.0 10

.4

14.6

10.1

9.3

9.6

2008

2,25

79.

4

Profit before tax% of annual net turnover

2008

184

8.2

EUR million EUR million

1.500

1.000

2,55

013

.1

129

5.0

200

Page 29: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

1.250

1.000

500

50

02004 2005 2006 2007

791

918

1.06

4

100

75

50

02004 2005 2006 2007

73 79 91

Equity and minority interestsReturn on equity

Research and development costs% of net turnover

2008

1.14

0

2008

108

EUR millioner EUR millioner

750

25

14,2

12,7

12,5

4,5

4,4

4,410

,5

4,8

6,6

5,2

1.18

1

133

125

150

Page 30: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Capital investments, tangible Number of employee

200

150

100

50

02004 2005 2006 2007

134

135

150

15.000

10.000

5.000

02004 2005 2006 20072008

196

2008

EUR million Number

12.5

86

13.3

69

14.7

82

16.4

57

17.9

01

196

20.000

Page 31: Corporation Presentation Nov 09

ORGANISATION

Page 32: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Ownership

structure

Denmark, Poul Due Jensen’s

family

12.1%

Employees

3.1 %

Denmark, Poul Due Jensen’s

Foundations

84.8%

Grundfos New Business

Sales companiesin Baltic

States, Spain, Portugal and

Italy

Sales companies

Production

companies

Grundfos Finance

Grundfos InsuranceManagement AG

Other

brands

GrundfosHolding AG

Grundfos Management A/S (Grundfos Holding A/S)

Page 33: Corporation Presentation Nov 09

Group structure

Carsten BjergGroup President

Carlo ProlaGroup ExecutiveVice President

Søren SørensenGroup ExecutiveVice President

Lars AagaardGroup ExecutiveVice President

Heine DalsgaardGroup ExecutiveVice President

GROUP MANAGEMENT

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 34: Corporation Presentation Nov 09

Group structure

Lars KolindDirector

Niels Christian NielsenProfessor at Copenhagen Business School

Niels Due JensenGroup Chairman

Thomas LundManaging

Director

of Dansk Teknologi

Grundfos Management A/SThe Group Board

of Directors

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Ingelise

BogasonManaging

Directorof Alectia

A/S

Page 35: Corporation Presentation Nov 09

The Business Excellence model

Management Policy and strategy

Processes

Employees

Partnershipand resources

Employeeresults

Customerresults

Results

Socialresults

Innovation and learning

Efforts Results

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 36: Corporation Presentation Nov 09

Business Excellence

Business Excellence supports Grundfos’

basic values

Business Excellence has produced convincing results in the organisation

Grundfos A/S won the EFQM award in 2006

The objective is to have Business Excellence implemented at all levels of the organisation

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 37: Corporation Presentation Nov 09

BUSINESS AREAS

Page 38: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Current

product

range

Page 39: Corporation Presentation Nov 09

New productsBack to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 40: Corporation Presentation Nov 09

Milestones

for design awards

1967 1985 1995 19961976 1978 1999 20022000 20042002

Back to content

Page 41: Corporation Presentation Nov 09

One or

two-family

houses (DBS)

Installations in and around

one

or

two-family

houses:

Hot water

systems

Water supply

Wastewater

Air conditioning

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 42: Corporation Presentation Nov 09

One or

two-family

houses (DBS)

Small circulator pumps (ALPHA2)

Recirculator

pumps (Comfort)

Small lifting stations (Sololift+)

Small submersible pumps (SQE)

Drainage pumps (Unilift

CC)

Booster pumps (MQ)

Small, compact household waterworks (MQ)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 43: Corporation Presentation Nov 09

Multi-family

houses and industrial

buildings

(CBS)

Installations in and around

large buildings:

Heating

Air conditioning

Wastewater

Pressure

boosting

Fire proofing

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 44: Corporation Presentation Nov 09

Multi-family

houses and industrial

buildings

(CBS)

Typical products:

Circulator pumps (Magna)

End-suction pumps (NB/NK)

In-line pumps (TP)

Fire fighting systems

Booster systems (Hydro MPC)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 45: Corporation Presentation Nov 09

HVAC OEM

Supplier

to manufacturers

of heating, ventilation and cooling

systems, including

integrated

pump, hydraulic

components

or

complete

hydraulic

system:

Gas/oil

boilers

Solar heating

systems

Heat pumps

Sanitary

hot water

systems

Micro CHPs

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 46: Corporation Presentation Nov 09

HVAC OEM

Typical products:

Customised

projects and standard

products within:

Hydraulic systems:

Hydroblock

& IWC (Integrated Water Circuit)

Energy-saving pumps

Solar pumps

Distributor valves

Sensors

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 47: Corporation Presentation Nov 09

Water industry

Installations in connection

with:

Service systems:

Disinfection

Water treatment

drinking

water

Water treatment

process

water

Dosing

Cooling

Heating

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 48: Corporation Presentation Nov 09

Water industry

Disinfection

(Selcoperm,

Oxiperm, Vaccuperm)

Pressure

boosting

(BME, BMET)

Wastewater

(SEV/SE1)

Dosing

(DME, DMS)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 49: Corporation Presentation Nov 09

Process

industry

Installations in connection

with:

Full-line supplier for the end-user market:

Food and beverages

Pharmaceutical products

Biofuel

Sanitation

Dosing

Service systems:

Water treatment

Boilers

Cooling

Wastewater

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 50: Corporation Presentation Nov 09

Process

industry

Sanitary

pumps (Euro-Hygia, NOVAlobe)

Digital dosing

(DME/DMS)

End-suction

pumps (NB/NK)

In-line

multistage pumps (CR)

Wastewater

(SEV)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 51: Corporation Presentation Nov 09

General industry

Installations in connection

with:

Full-line supplier for the end-user market:

Marine industry

Electronics

Service systems:

Cooling and temperature control

Cleaning and washing equipment

Industrial boiler feed systems

Motors for ventilators

Transport systems

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 52: Corporation Presentation Nov 09

General industry

In-line

pumps (CR, TP)

End-suction

pumps (NB/NK, CM)

Container pumps (MT)

High-pressure

systems (CRN, BM/BME)

Dosing

pumps (DME, DMX)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 53: Corporation Presentation Nov 09

Machining

industry

Installations in connection

with:

Full-line supplier for the end-user market:

Automotive industry

Service systems:

Tank and filter systems

Part washer and cooling equipment for the machining industry

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 54: Corporation Presentation Nov 09

Machining

industry

End-suction pumps (NB/NK, CM)

End-suction pumps (MTE/MTB)

In-line pumps (CR)

Horizontal multistage (CM)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 55: Corporation Presentation Nov 09

Water treatment

(WS)

Installations and applications:

Waterworks

Agriculture

Sprinkling and irrigation

Mining

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 56: Corporation Presentation Nov 09

Water treatment

(WS)

Submersible pumps (SP, SQ, SQE)

Booster system (Hydro MPC)

Water supply system based on renewable energy (SQFlex)

Electronic motor protection (MP 204)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 57: Corporation Presentation Nov 09

Water utility

Installations in and around

sewage

treatment

plants

Installations in connection

with

pump stations

Installations for wastewater

from industry

and construction

sites.

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 58: Corporation Presentation Nov 09

Water utility

Products for sewage water (S/SA, SEN, SE1/SEV, SEG, SRP, AFG, AMG/AMD)

Products for draining (DP, pump stations, controls LC/LCD, Modular Controls, DW)

Wastewater pumps (EF)

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 59: Corporation Presentation Nov 09

New Business

Corporate

Venture•

Business incubator•

Invests in potentially

new business areas

Strategic

focus

areas–

Primary:

Clean

water

to the world–

Secondary:

”Cleantech”

in general

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 60: Corporation Presentation Nov 09

New business

Sensor –

compact

sensors for aggressiv fluids •

BioBooster

industrialised

systems for wastewater

treatment•

NoNox

NOx-reduction

for diesel engines•

Microrefinery

sustainable

solution for removal

of sludge•

Infarm

Cleantech

solutions for industrial

animal

production•

Lifelink

clean

water

for the poor

world

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 61: Corporation Presentation Nov 09

SALES AND SERVICE

Page 62: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Sales and service

We

focus

on

the customer’s

needs

Well-trained

employees

competent

advisory

service

Local

staffing

close

to the customer

optimal service

Service teams –

fast and efficient

assistance

Page 63: Corporation Presentation Nov 09

Sales and service

Electronic catalogues

at www.grundfos.com

Pump school

customers

are

offered

training

according

to needs

Customer

satisfaction

surveys

continuous

development

of the service function

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Page 64: Corporation Presentation Nov 09

SUPPLY CHAIN

Page 65: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Supply

Chain

Being

a globally

responsible

companyGrundfos focus

on:

Sustainable

and ethical

behaviour

at all levels

Global availability

Involvement

of business partners

Optimisation

of the entire

value

chain

Quality

assurance as a key

word

Flexibility

Partnership

agreements

Page 66: Corporation Presentation Nov 09

THE FUTURE

Page 67: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

The future

Page 68: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

The future

3.

Rethink decentralized Water treatmentMeet the growing need for environmental care with local solutions

1.

Be there for future homes and living in ChinaDifferentiated solutions for domestic buildings in China

2.

Exploit Zero-Energy Commercial buildings in USAFind our market place and support Zero-impact commercial buildings

Page 69: Corporation Presentation Nov 09

THANK YOU FOR YOUR ATTENTION

Page 70: Corporation Presentation Nov 09

KEY FIGURES, STRUCTURE AND GRUNDFOS A/S

Page 71: Corporation Presentation Nov 09

Back to content

Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Key

figures

Net turnover% of annual growth rate

15.000

10.000

5.000

02004 2005 2006 2007

12.1

53

13.4

22

15.3

76

1.200

900

600

300

02004 2005 2006 2007

1.23

2

1.25

4

1.47

9

9,0

10,4

14,6

10,1

9,3 9,

6

2008

16.8

149,

4

Profit before tax% of annual net turnover

2008

1.37

28,

2

DKK million DKK million

13,1

19.0

19

959

5,0

20.000 1.500

Page 72: Corporation Presentation Nov 09

Key

figures

Net turnover% of annual growth rate

2.500

2.000

500

02005 2006 2007 2008

150

100

50

06 months

2009

Profit before tax% of annual net turnover

EUR million EUR million

1.500

1.000

13,1

200

2005 2006 2007 2008 6 months

2009

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

1,80

1

2,06

3

168

198

10.4

14.6 9.

3

9.6

2,25

79.

4

184

8.2

2,55

013

.1

129

5.0

1,09

9

121.

1

Page 73: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Key

figures

543

Equity and minority interestsReturn on equity

Research and development costs % of net turnover

DKK million DKK million

8.000

6.000

4.000

2.000

02004 2005 2006 2007

5.88

5

6.85

0

7.93

5

800

600

400

200

02004 2005 2006 2007

590

680

14,2

12,7

12,5

4,5

4,4

4,4

2008

8.49

210

,5

2008

4,8

801

8.80

46,

6

5,2

995

10.000 1.000

Page 74: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Key

figures

Capital investments, tangible Number of employees

DKK million Number

1.200

900

600

300

02004 2005 2006 2007

1.00

0

1.00

9

1.11

9

15.000

10.000

5.000

02004 2005 2006 2007

12.5

86

13.3

69

14.7

82

2008

1.45

9

2008

16.4

57

1.46

4

17.9

01

1.500 20.000

Page 75: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Group structure

Carsten BjergGroup President

Carlo ProlaGroup ExecutiveVice President

Søren SørensenGroup ExecutiveVice President

Lars AagaardGroup ExecutiveVice President

Heine DalsgaardGroup ExecutiveVice President

WEREG•

CEREG•

NAMREG•

APREG•

Group Sales & Marketing–

Corporate Branding–

Group Service–

Online sales & marketing

Global Key Account Management

Sales & Marketing processes

Star region•

Separation Brands•

Project sales

Global D & E•

Global R & T•

New Business•

Building Services•

Industry•

Water Utility•

HVAC OEM•

China•

People & Strategy•

Corporate Communication

Corporate Manufacturing

Group Purchase•

Group Logistics•

Group Quality & NPI•

Corporate Social Responsibility

Group Properties•

Group Environment

Corp. Finance•

Grundfos Finance A/S•

Information Services•

Legal Department

Page 76: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Group Structure

Business Units

Global D & E

Building Service

Industry

Utilities & Municipalities

HVAC OEM

New Business

Page 77: Corporation Presentation Nov 09

Sales regions

WEREG•

GB (Sales Great Britain)•

GDK (Sales Denmark)•

GSV (Sales Sweden)•

GNL (Sales the Netherlands)

GIT (Sales Italy)•

BGE (Sales Spain)•

GPI (Sales Ireland)•

GNO (Sales Norway)•

GSF (Sales Finland)•

GBL (Sales Belgium)•

GFD (Sales France)•

BGP (Salse

Portugal)•

GPH (Sales Greece)

CEREG•

GWS (Sales Germany)•

GMO (Sales Russia)•

GHU (Sales Hungary)•

GUA (Sales Ukraine)•

GKA (Sales Kazakhstan)•

GLA (Sales Latvia)•

GPO (Sales Austria)•

GPS (Sales Schwitzerland)•

GCZ (Sales the Czech

Republic)

GPL (Sales Poland)•

GRO (Sales Romania)•

GLI (Sales Lithuania)•

GST (Sales Estonia)

NAMREG•

GPU (Sales USA)•

GCB (USA other

brands)•

GCA (Sales Canada)•

PPU (USA other

brands)•

GMX (Sales Mexico)

APREG•

GSI (Sales Singapore)•

GPM (Sales Malaysia)•

GTH (Sales Thailand)•

GTS (Sales Taiwan)•

GPA (Sales Australia)•

GJK (Sales Japan)•

GAS (Sales Indonesia)•

GPP (Sales Philippines)•

GPK (Sales Korea)•

GNZ (Sales New Zealand)

STAR•

GBR (Sales Brazil)•

GGD (Sales the United Arab

Emirates)

GIN (Sales India)•

BGA (Sales Argentina)

GZA (Sales South Africa)

GTR (Sales Turkey)

CHINA•

GSH (Sales China)•

GWC (China other

brands)•

GHK (Sales Hong

Kong)•

GPC (China production)

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Page 78: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Grundfos A/S structure

Board

of management

Jette T. PetersenHR Director

Jacob DirksTechnical

ManagerNiels Møller JensenManaging

Director

of Grundfos A/S

Torben ØmarkFinance

Director

Page 79: Corporation Presentation Nov 09

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Grundfos in brief

Basic

values

Grundfos' history

Certificates

Key

figures

Organisation

Business areas

Sales and service

Supply

chain

The future

Key

figures

Grundfos A/S struktur

Grundfos A/S

Board

of Directors

Lars AagaardChairman

Ulla BoeskovElected

bythe employees

John Bennett-

TherkildsenManagingDirector

Niels Christian NielsenProfessorCopenhagen Business School

Jørgen M. MikkelsenElected

bythe employees

Lisbet Thyge

FrandsenDirector