Niels Wage - SOUTH BOULDER Chief Executive Officer

Elected by the shareholders, the SOUTH BOULDER's board of directors comprises two types of representatives: SOUTH BOULDER inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SOUTH. The board's role is to monitor SOUTH BOULDER's management team and ensure that shareholders' interests are well served. SOUTH BOULDER's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SOUTH BOULDER's outside directors are responsible for providing unbiased perspectives on the board's policies.

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