Board of Directors

Aage Thoen - Chairman of the Board

Einar Johan Holst - Board Member

Anders-Ivar Olsen - Board Member
Mr. Olsen, born 1962, has an MBA degree and extensive international experience from shipping and the commodity industry. He is related to NorInvest Ltd, which holds 61,053,757 shares, or 45%, in Thule Drilling. He resides in Oslo, Norway.