Ownership

Ownership
The company is owned by a group of potato growers and companies that have affiliated potato growers and former potato growers that have stopped the production of potatoes. The shares are divided into A and B shares and they have equal voting rights in the general meeting.

The A shares can be purchased by potato growers that are supplying Thorsens Chipskartofler A/S. The minimum portion of shares is of DKK 20,000 nominal value. When you own A shares there are certain conditions you must meet. For A shares there is included a right and duty to deliver 10 tons potatoes per DKK 1,000 nominal value of shares. In this way we at Thorsens Chipskartofler A/S are always guaranteed a fixed amount of potatoes. Every year the board determines the conditions for the supply contract. It also determines the amount of potatoes a shareholder can deliver beyond its right and duty.

B shares are ordinary shares which investment can be owned by anyone without any included delivery right and duty.