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GRUNDFOS

NEWS RELEASE

FOR IMMEDIATE RELEASE

Oct. 1, 2013

CONTACT: Helen Mubarak

Public Affairs Coordinator

Grundfos North America

Mobile: 913.302.3702 hmubarak@grundfos.com

New CEO for Grundfos North America: Duncan Cooper Shifts to North America Region

DOWNERS GROVE, Ill. —Grundfos, the global leader in advance pump solutions, has appointed Duncan

Cooper as president and chief executive officer of the company’s North American region. Cooper succeeds Jes

Munk Hansen, who leaves the company to pursue other interests after leading the region for the past five years.

“With more than 11 years of experience as a regional managing director in Europe, Duncan brings strong sales and marketing leadership to his new role,” said Søren Ø. Sørensen, Group executive vice president. “His experience will complement our existing strategies and plans.”

Cooper comes to the North American region with 16 years of experience within the company. Most recently he served as regional managing director of Grundfos Western Europe, where he led a newly created sales and service region with 1,300 employees and more than $900 million in revenues. He will also maintain his role as

Group senior vice president.

“I look forward to working with our team in North America to achieve our ambitious goal of doubling regional revenues to $1 billion,” Cooper said. “We will continue to expand our business and support our partners through innovative techniques to further tap into this growing market.”

In his new position, Cooper will oversee and direct all operations in the U.S., Canada and Mexico with continued emphasis on residential and commercial buildings services, as well as the industry, water utility, irrigation and agriculture, and wastewater businesses. The presidents or general managers of each of those sectors will report directly to Cooper, as will the heads of finance, human resources and public affairs.

Cooper began his career with Grundfos in 1997 as managing director of Grundfos United Kingdom and, in

2003, he was promoted to managing director and Group senior vice president for North Europe and Africa. In this role, he developed an African growth strategy that facilitated the launch of a stand-alone area in 2008.

Grundfos North America currently employs 1,600 people in 10 major sales and service facilities throughout the continent. The company opened its North American headquarters in the Chicago area in August 2013.

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ABOUT GRUNDFOS:

With an annual production of more than 16 million pumps, Grundfos is the global leader in advanced pump solutions and a trendsetter in water technology, specializing in circulator pumps for heating and air conditioning as well as centrifugal pumps for industrial applications, fire protection, water supply, wastewater

GRUNDFOS

NEWS RELEASE

and water treatment. In addition to pumps, Grundfos produces standard and submersible motors as well as state-of-the-art electronics for monitoring and controlling pumps. Since its inception in 1945, the company has flourished from one small factory in Bjerringbro, Denmark to a global corporation comprising more than 80 companies and over 18,000 employees. In 2012, Grundfos reported net revenues totaling $4 billion.

This year, the company celebrates its 40th anniversary in the United States. In North America, Grundfos employs more than 1,600 people – 1,300 in the U.S. alone – and is continually expanding its regional expertise.

Grundfos North America is headquartered in Downers Grove, Ill. The company maintains operations, sales and service facilities in Olathe, Kan.; Allentown, Pa.; Fresno, Calif.; Brookshire, Texas; Aurora, Ill.; and Indianapolis.

In Canada, Grundfos has a sales facility in Oakville, Ontario, and in Mexico, the company operates a manufacturing facility in San Luis Potosí and sales offices in Monterrey and Mexico City.

High on the company’s corporate agenda is an active commitment to improving the environment. Grundfos contributes to global sustainability by pioneering technologies that improve quality of life for people and care for the planet. For more information, visit www.grundfos.us

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