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About Aker

Management

Øyvind Eriksen

President & CEO

Øyvind Eriksen

Øyvind Eriksen (born 1964) joined Aker ASA in January 2009. Mr. Eriksen holds a law degree from the University of Oslo. He joined Norwegian law firm BA-HR in 1990, where he became a partner in 1996 and a director/chairman in 2003. At BA-HR, Mr. Eriksen worked closely with Aker and Aker’s main shareholder, Kjell Inge Røkke. Mr. Eriksen is chairman of the board in Aker BP ASA, Aker Solutions ASA, and Aker Kværner Holding AS, and a director of several companies, including The Resource Group TRG AS, TRG Holding AS and Reitangruppen AS.

As at 31 December 2016, Mr. Eriksen holds 219 072 shares in Aker ASA, and has no stock options. Mr. Eriksen holds, through a privately owned company, 0.20 percent of the B-shares in TRG Holding AS. Mr. Eriksen is a Norwegian citizen.

Frank O. Reite

CFO

Frank O. Reite

Frank O. Reite (born 1970) first joined Aker in 1995, and became CFO in Aker ASA in August 2015. He holds a B.A. in business administration from Handelshøyskolen BI in Oslo. Mr. Reite came from the position of President & CEO of Akastor, and has previously held a variety of executive positions in the Aker group, including overseeing and developing Aker's investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine & Partners, a New York-based private equity firm. Mr. Reite is chairman of Ocean Yield and Akastor ASA.

As at 13 March 2017, Mr. Reite holds 64 781 shares in Aker ASA, and has no stock options. Mr. Reite is a Norwegian citizen.

OTHER KEY PERSONNEL

Atle Kigen

Head of Corporate Communications

Atle Kigen

Atle Kigen (born 1958) joined Aker ASA in October 2006, and has been in charge of communications since March 2010. He holds a degree in business administration and marketing, and has extensive corporate communication and journalism experience. Mr. Kigen has previously worked as head of communication at Kværner ASA, and CEO of the PR agency GCI Monsen. He has been editor in chief of the Norwegian business magazine Økonomisk Rapport, business and economy editor at Aftenposten, a leading daily, and NRK Nyheter, the national broadcaster’s news bureau. Mr. Kigen has also been a journalist in Norway’s leading business daily Dagens Næringsliv.

As of 13 March 2017, Mr. Kigen holds 8 617 shares in Aker ASA, and has no stock options. Mr. Kigen is a Norwegian citizen.

Audun Stensvold

Investment director - coordinator for Aker's investment team

Audun Stensvold

Audun Stensvold (born 1972) joined Aker ASA in 2006. Prior to his appointment as an investment director, he was CFO and Investment Director for Converto, which manages the Aker-owned Converto Capital Fund. He has also served as Vice President of Aker’s M&A and Business Development team. Before joining Aker, Mr Stensvold worked as a strategy and finance consultant for Selmer, and as a financial analyst for DnB NOR. Mr. Stensvold holds the degree MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

As of 27 March 2017, Mr Stensvold holds 8 631 shares in Aker ASA, and has no stock options. Mr Stensvold is a Norwegian citizen.

Haakon Berg

Investment director – Responsible for the follow-up of Aker ASA’s oil service investments

Haakon Berg

Haakon Berg (born 1974) joined Aker ASA in 2016. Berg has previously worked as head of M&A for Aker Solutions, and as CFO for Aker Solutions Well Services. Berg has also worked as vice president of transactions and business development at Aker. Before joining Aker, Berg worked as CFO for AGR and chief of finances at Bravida. Mr. Berg holds the degree MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

Per 27 March 2017, Mr. Berg owns 2 113 shares in Aker ASA, and has no stock options. Mr Berg is a Norwegian citizen.

Arild Støren Frick

General Counsel

Arild Støren Frick

Arild Støren Frick (born 1980) joined Aker as General Counsel in 2014. Mr. Frick previously worked as a lawyer at Aker Solutions, and before this, he worked as a strategy consultant at McKinsey & Company, as well as senior associate at the law firm, BA-HR. Mr. Frick is also the managing director for Aker Kvaerner Holding, and manages the election committees at Aker BP, Ocean Yield, Kvaerner and American Shipping Company. He is also a member of the election committees in Akastor, Aker Solutions, and Philly Shipyards. Mr. Frick has a law degree from the University of Oslo, Norway.

Per 27 March 2017, Mr. Frick owns 6414 shares in Aker ASA through his private company Elichapet AS, and has no stock options. Mr. Frick is a Norwegian citizen.

BAARD SNEKKEVIK

CORPORATE TREASURER

Baard Snekkevik (born 1966) joined Aker ASA in 1996 and has been head of Treasury since 2004. Before this, he has worked on a number of M&A and financing projects at Aker, and has served as Partner at Aker Finans AS and as Vice President of Aker RGI Seafoods. Mr. Snekkevik has previously worked as advisor at Industri- og Skipsbanken, as well as the Norwegian Trade Council in Oslo and London. Mr. Snekkevik holds the degree MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

As of 27 March 2017, Mr. Snekkevik holds 26 216 shares in Aker ASA, and has no stock options. Mr. Snekkevik is a Norwegian citizen.