Farewell to President.

Farewell to President Niels Cold

It is with sadness that the Board of Directors and members of W.Klitgaard have taken leave of the President

Niels Cold, which is not desired at the newly re-election Extraordinary general meeting.

Should like to thank Niels for the incredible great work he has done for W.Klitgaard in the past 8 years, where he began as Vice-President 2011 and served as chairman from 2012. It has been educational and exciting year for W.Klitgaards Board and other associated, where Niels diligently drew on his vast management- and technical experience.

It must be emphasized, one of the reasons for the good liquidity to W. Klitgaard include. Niels idea of ​​creating the concept Gold members.

At the AGM thanked Vice President Erik Nyholm – Now new chairman – Niels Cold, and with

inspiration from ancient times, where sailors always got a mug of rum for a job well done, he handed

Niels Cold one bottle of rum with the desire best for the future.

Preben Reinhold

Spoke and thanked Niels Cold for the great work he was carried out for

W.Klitgaard in his eight-year board term, ended to complain Niels Kold decision

on departure, and expressed a big thank you on behalf of the Private Foundation.