Board of Directors

The Board of Directors of Bavarian Nordic consists of seven external members elected by the shareholders at the annual general meeting for terms of one year, and four members elected by the employees for terms of four years. The Board discharges its duties in accordance with the rules of procedure of the Board, which are reviewed and updated by all members of the Board. 

		First elected	Term expires	Independent	Gender	Nationality	Year of birth
Anne Louise Eberhard	Chair	2019	2027	Yes	Female	Danish	1963
Heidi Hunter	Deputy chair	2023	2027	Yes	Female	American	1958
Svend Andersen		2026	2027	Yes	Male	Danish	1961
Johan van Hoof		2023	2027	Yes	Male	Belgian	1957
Hans Martin Smith		2026	2027	Yes	Male	Danish	1979
Frank Verwiel		2016	2027	Yes	Male	Dutch	1962
Charl van Zyl		2026	2027	Yes	Male	British	1967
Anja Gjøl	Employee-elected	2021	2029	No 1	Female	Danish	1980
Mette Boas Schwartzlose	Employee-elected	2025	2029	No 1	Female	Danish	1975
Sylwia Sokolowska	Employee-elected	2026	2029	No 1	Female	Danish	1985
Christina Teichert	Employee-elected	2025	2029	No 1	Female	Danish	1969

¹ Employee representatives are not considered independent under the Danish Corporate Governance recommendations.

Board competencies

The shareholder-elected members of the Board possess leadership experience as well as board experience from public or private companies and organizations. In addition, each member brings different experience and skills relevant to their representation on the Board and its subcommittees, which collectively enable the Board to oversee the strategy and development of the Company.

The Board has identified the core competencies which collectively should be possessed by the shareholder-elected members to perform their duties in supporting the Company’s strategy. To assess whether all core competencies are adequately represented, each member has identified their primary competencies as shown in the table below. The members may also have knowledge or experience in areas other than their primary competencies. Employee representatives are not part of the competency self-assessment.

Competency overview 

	Corporate Leadership	Life Sciences	Public health	Product Development and Supply	Commercial Strategy, M&A and Business Development	Finance, Capital and Risk Management	People and Culture	ESG	Technology and Digitalization
Anne Louise Eberhard	●				●	●	●	●	●
Heidi Hunter	●	●		●	●	●	●
Svend Andersen	●	●			●	●	●
Johan van Hoof	●	●	●	●	●
Hans Martin Smith	●				●	●	●	●
Frank Verwiel	●	●			●	●	●
Charl van Zyl	●	●		●	●			●	●
Anja Gjøl	Employee representative
Mette Boas Schwartzlose	Employee representative
Sylwia Sokolowska	Employee representative
Christina Teichert	Employee representative

Board evaluation

Each year, the Board and its subcommittees conduct an evaluation of the Board's and subcommittee’s work, accomplishments and composition. The chair heads the annual evaluation, which is conducted at least every third year with external assistance.

The process, whether it is facilitated internally or by external consultants, evaluates topics such as board dynamics, board agenda, quality of the material that is submitted to the Board, discussions at the board meetings, the chair’s leadership of the Board, strategy, board composition and board competencies.

Due to a number of other priorities for the Board in the second half of 2025, it was decided to postpone the board evaluation until the first quarter of 2026. The evaluation was performed in January 2026 through completion of a detailed questionnaire with the assistance of an external advisor. The result of the general board evaluation was discussed at a board meeting in March 2026, with clear conclusions and topics for further development.