Michael Osterlund Madsen

DanBAN (Danish Business Angels) is a network organization for business angels in Denmark, with affiliation to similar business angel networks globally. DanBAN is today Denmarks largest network of business angels with more than 300 members. Through DanBAN our members share insights and pool investment capital, as well as provide knowledge and advice to their portfolio companies. Investing both capital and knowledge, DanBAN business angel members invest in un-listed companies in exchange for convertible debt or equity. DanBAN members are today active with ownership in more than 233 companies, with a collective 5.000+ jobs and exceeding Danish kroner 6.47 billion (app. EURO 870 million) in turnover.

At Østerlund Madsen Holding, a member of Danish Business Angels (DanBAN), we love start-ups born global. As an investor in start-ups, scale-ups, VCs and secondaries, we concentrate on: • leadership assessment of the emerging company • pragmatic evaluations of the people within it • grit, stamina, obsession, integrity, We work closely with the founders to: • assess their unique entrepreneurial capabilities and quality of work • evaluate their personal fit and mutual compatibility • facilitate aligning their corporate mission with overarching values and business ethics As sector-agnostic business model and technology enthusiasts, we facilitate implementation of: • key financial tools for each stage of the growth curve • scalable and global go-to-market strategies Evaluation factors involve an in-depth analysis of high barriers to entry including: • R&D • intellectual property • brand and customer relationships • weight of company dependability against competitors and new entrants • market differentiation • UPS As Angels, our commitment entails: • a strong periodical revenue (MVP) and other KPIs maturation • talent, team and culture evolution with capital efficiency • a realistic and fair company evaluation • guidance through transformational or disruptive processes • funders to be majority owners • a climate conducive to building and scaling business internationally ----- Investments (NED in three companies): Nordic Eye K/S, Fund i & ii Nordic Secondaries Fund K/S, Fund i & ii Knightsbridge KVC X Fund A/S; NED & Knightsbridge Secondaries Fund A/S Verve Venture Fund I Abafar ApS (syndicated investment in OnRobot A/S (Robotic)) BLUETOWN A/S (IT/Telecom) JumpStory ApS (SaaS/AI); NED ResoTher Pharma ApS (Pharma Spinkl Invest ApS (syndicated investment in Spectro Inlets ApS (NanoTech) WineJump Invest ApS (syndicated investment in WineJump A/S (WineTech/Saas)), NED Exits: MapsPeople Syndikat III (syndicated investment in MapsPeople A/S (SaaS)

CPHI-Holding is a holding company for: • BBHS / Intelligent Baggage Handling Solutions https://www.bbhs.dk/ • Exruptive / Security Screening Solutions https://www.exruptive.com/ • IntelligentTrack Systems / Intelligent Trolley Solutions https://www.intelligenttracksystems.com/

DanBAN (Danish Business Angels) is a network organization for business angels in Denmark, with affiliation to similar business angel networks globally. DanBAN is today Denmarks largest network of business angels with more than 300 members. Through DanBAN our members share insights and pool investment capital, as well as provide knowledge and advice to their portfolio companies. Investing both capital and knowledge, DanBAN business angel members invest in un-listed companies in exchange for convertible debt or equity. DanBAN members are today active with ownership in more than 233 companies, with a collective 5.000+ jobs and exceeding Danish kroner 6.47 billion (app. EURO 870 million) in turnover.

LitUpp is a revolutionary concept of sharing knowledge and digital products on social media through an app and getting rewarded for it. Based on the principles of ”sharing economic”* that we all know from Uber, AirBnB, Gomore etc., - the peer-to-peer-based sharing of access to goods and services coordinated through community-based online services. Happiness and fulfillment is our #1 goal in life, right? But for so many of us it seems out of reach – like it’s always just around the next corner. At LitUpp we believe a life that energizes and satisfies you comes from understanding yourself and then using that knowledge to light-up the areas of your life that hold meaning for YOU. The same path isn’t for everyone – but whether you want light-up your relationships, spirituality, energy or success (whatever that means to you) – we know you can make your life happier and more awesome by learning from people who’ve been there. The system is screwed - we got our whole lives mapped out for us in our first few years of school. That message ruins lives - like our whole value is judged on how book smart we are. We’re so much more than that!  We want to help people understand how so many of their limitations and inhibitions have been pushed on you by a system that doesn’t work. School teaches us to remember stuff - it doesn’t value other types of intelligence than the ability to remember and repeat. But in the world today - we don’t need to remember - all the knowledge that was ever created is just a click away . . . what we need is the unique human potential to be creative and think differently.  Our mission is to reach those who didn’t fit into the system - to reconnect you with the awesome human being you are - to help you to build on the talents the system overlooked - and to give you the key to realize your full potential. If you feel you don’t fit in - if you feel like you could do so much more - LitUpp is for you! And in a world where mechanization is taking over -  AI is gonna wipe out 70% of jobs within 30 years - the human element is getting more and more vital.  It’s what makes us stand out from the machines. LitUpp is about the spark within you   . . .  that will to ignite.

Østerlund Madsen Consulting provides interim financial leadership, advisory and management services, supporting the needs of medium to large businesses since 2014. We offer a single point of meticulous accountability for our clients in all areas — financial consultancy, change management, reorganization, turnaround, restructuring, business transformation, process improvement, growth strategy and market expansion — which helps our clients build, shape and operate their businesses meaningfully. Our strategy is to provide eclectic business consulting which reflects our years of integral expertise in top financial advisory, investments and board-level positions in diverse companies — from publicly listed groups to embryonic start-ups. We’ve developed a holistic approach and deep pattern recognition that has earned us a sterling reputation with our clients across a range of industries — Aviation & Aerospace, SaaS/AI (Marketing & Advertising), B2C (Retail), B2B, FMCG (Manufacturing), Chemical Formulation & Distribution, Engineering, Logistics and Supply Chain in Europe, Southeast Asia, Latin America and the Arabian Peninsula. Having a trusted and reliable financial advisor by your side, especially in times of turmoil and crisis, can create a sense of reassurance that you are not navigating tough decisions alone. We offer a perfect blend of service and expertise to help you secure a sound financial future, because you worked hard to get where you are. That is Østerlund Madsen Consulting.

At Østerlund Madsen Holding, a member of Danish Business Angels (DanBAN), we love start-ups born global. As an investor in start-ups, scale-ups, VCs and secondaries, we concentrate on: • leadership assessment of the emerging company • pragmatic evaluations of the people within it • grit, stamina, obsession, integrity, We work closely with the founders to: • assess their unique entrepreneurial capabilities and quality of work • evaluate their personal fit and mutual compatibility • facilitate aligning their corporate mission with overarching values and business ethics As sector-agnostic business model and technology enthusiasts, we facilitate implementation of: • key financial tools for each stage of the growth curve • scalable and global go-to-market strategies Evaluation factors involve an in-depth analysis of high barriers to entry including: • R&D • intellectual property • brand and customer relationships • weight of company dependability against competitors and new entrants • market differentiation • UPS As Angels, our commitment entails: • a strong periodical revenue (MVP) and other KPIs maturation • talent, team and culture evolution with capital efficiency • a realistic and fair company evaluation • guidance through transformational or disruptive processes • funders to be majority owners • a climate conducive to building and scaling business internationally ----- Investments (NED in three companies): Nordic Eye K/S, Fund i & ii Nordic Secondaries Fund K/S, Fund i & ii Knightsbridge KVC X Fund A/S; NED & Knightsbridge Secondaries Fund A/S Verve Venture Fund I Abafar ApS (syndicated investment in OnRobot A/S (Robotic)) BLUETOWN A/S (IT/Telecom) JumpStory ApS (SaaS/AI); NED ResoTher Pharma ApS (Pharma Spinkl Invest ApS (syndicated investment in Spectro Inlets ApS (NanoTech) WineJump Invest ApS (syndicated investment in WineJump A/S (WineTech/Saas)), NED Exits: MapsPeople Syndikat III (syndicated investment in MapsPeople A/S (SaaS)