About Sampension Administrationsselskab A/S

Sampension Administrationsselskab A/S provides administrative services to life insurance companies, pension funds and pension companies as well as asset management services.

The joint management company

Sampension Administrationsselskab A/S has undertaken administrative tasks for various financial entities and investment companies in the Sampension Group, including for Sampension Livsforsikring A/S, for several years. With effect from 1 January 2017 the Pension Fund Architects & Designers and the Pension Fund for Agricultural Academics and Veterinary Surgeons delegated their activities to Sampension Administrationsselskab A/S which means that Sampension Administrationsselskab A/S handles the insurance administration and investment management activities on behalf of these entities. As of 1 July 2019, the Pension Fund for Technicians- and Bachelor of Engineering also joined the administration partnership within Sampension Administrationsselskab A/S.

Ownership and Board of Directors

The owners of Sampension Administrationsselskab A/S are Sampension Livsforsikring A/S (88%), the Pension Fund Architects & Designers (3%), the Pension Fund for Agricultural Academics and Veterinary Surgeons (3%), and The Pension Fund for Technicians- and Bachelor of Engineering (6%).

The Board of Directors has 18 members being the 14 board members of the parent company, Sampension Livsforsikring A/S plus one additional employee representative according to the Danish Companies Act, one member representing the Pension Fund Architects & Designers (PAD), one member representing the Pension Fund for Agricultural Academics and Veterinary Surgeons (PJD), and finally one member representing the Pension Fund for Technicians- and Bachelor of Engineering (ISP). The representatives of the pension funds are the chairmen of the funds being Mr. Mads Gudman-Høyer (PAD), Mr. Johannes Elbæk (PJD) and Mr. Lars Bytoft (ISP).

The Executive Management consists of CEO, Hasse Jørgensen and COO, Mads Smith Hansen, who are also the Executive Management of the parent company, Sampension Livsforsikring A/S.

Corporate governance

Sampension Administrationsselskab A/S has a two-tier management structure consisting of a board of directors and an executive management as provided for by the Danish Companies Act. Members of the Board of Directors are elected by the shareholders at a general meeting, and the Board is responsible for the overall and strategic management of the company. The Executive Board is appointed by the Board of Directors and is responsible for the day-to-day management of the company.

The Board of Directors has appointed a chief auditor who is responsible for the company’s internal audit and the internal audit function. The company’s financial statements are also audited by an independent audit firm appointed by the company’s shareholders at a general meeting. In addition, the company has established a risk management function, a compliance function and an actuarial function in accordance with the EU Solvency II regulations.

The organizational structure of Sampension Administrationsselskab A/S:

Organizational structure of Sampension Administrationsselskab

Sampension Administrationsselskab A/S

CVR 11373933