New CEO

Tine Høj Andersen appointed new CEO of Cool Sorption A/S

May 01st, 2019

Cool Sorption is glad to announce that Tine Høj Andersen has been appointed new CEO of the
company with effect from May 1 st 2019. Tine has broad experience from marketing and sales of
technology-based products, most recently from Haldor Topsøe A/S.

Øyvind Paaske, Investment Manager of Akastor and Chairman of the Board of Cool Sorption, says;
“We are happy to have Tine onboard and are confident she can do a great job leading Cool Sorption
into the next phase. Her strong experience within sales and business development will be key to
further develop Cool Sorption’s standing as a strong player within the vapour recovery market. The
Board is looking very much forward to working with Tine through the interesting time ahead.”

Tine Høj Andersen says; “I am delighted to join Cool Sorption and look forward to getting to know
the company even better. Cool Sorption enjoys a strong position in the market and has an excellent
team of very experienced people both within engineering and project execution, as well as a strong
and capable service organization. I am fascinated by the opportunity to leverage these capabilities in
order to strengthen the position of the company even further. The perspective of achieving emissions
control and sustainability combined with profitability via recovery of the various and valuable
hydrocarbons, simply makes perfect sense to me.”

Tine Høj Andersen
Tine Høj Andersen, age 48, has experience from various industries, most recently with Haldor
Topsøe’s Air Emissions Control Technologies targeted towards the Chemical Industry. Previously she
worked many years with Topsøe’s Hydroprocessing Technologies and before that with Maersk
Drilling. Consequently, she has vast experience within the Refinery Industry. Mrs. Høj Andersen
graduated from Copenhagen Business School in 2005 after also having studied Mathematics and
Economy at The University of Southern Denmark. Mrs. Høj Andersen is a Danish citizen based in
Copenhagen.

Cool Sorption
Cool Sorption is a Danish company based in Glostrup, Copenhagen, offering Vapour Recovery Units
(VRU) and systems, as well as servicing of such equipment. The company is in the middle of the
delivery of a major project for an offshore development and is well positioned with its standardised
portfolio of vapour recovery units to serve the important market for systems reducing the emission of
Volatile Organic Compounds from the loading and unloading of hydrocarbon fluids.