BOARD OF DIRECTORS
There are presently five board members including the chairman. At the annual general meeting 2017, Mr. Morten Opstad was re-elected as Chairman of the board for a period of two years. Mr. Larry Ciaccia, Ms. Deborah Lee Davis and Ms. Hanne Høvding were re-elected as board members for a period of two years. At the annual general meeting 2018, Mr. Andrew James MacLeod was re-elected as board member for a period of two years.
There are no family relationships among the board members or between board members and the management. There is no arrangement or understanding with major shareholders, customers, suppliers or others, pursuant to which members of the board or management was selected.