Management

Management of ADS Maritime Holding Plc is provided by Arendals Dampskibsselskab AS (“ADS”). All members of Management as described below are employed by ADS.

Terje Bodin Larsen

Terje Bodin Larsen

CEO

Terje Bodin Larsen is a law graduate from University of Oslo, and is admitted to the Norwegian Bar. He has held senior positions within the banking and marine insurance industries. He joined ADS in 2008 from the position as Managing Director of the Nordic operations of US based broker DeWitt Stern.

Email: tbl@ads.no, Mobile: +47 905 35 543

Dagfinn Andersen

Dagfinn Andersen

Chief Financial Officer

Dagfinn Andersen has more than 40 years of working experience from different positions within audit, finance and IT, of which 30 years are from multinational companies. Dagfinn joined the ADS/OSM Group in 2002.

Email: dagfinn.andersen@ads.no, Mobile: +47 922 91 001

Harald Wennesland

Harald Wennesland

Marine Operations Manager

Harald Wennesland holds a Bachelor Degree in Business Administration from SNHU, USA. He has over 25 years experience in consulting, chartering/commercial and marine operation of various types of ships. He has previously held chartering manager/Chief Commercial Officer positions within offshore companies.

Email: harald.wennesland@ads.no, Mobile: +47 975 75 745

Kjell Andreassen

Kjell Andreassen

Project Manager

Kjell Andreassen is a maritime engineer with vast experience from the shipping and offshore industry. He was responsible for all marine operations during the construction of platforms at the Gullfaks and Oseberg fields in the North Sea and has extensive experience with newbuild projects and vessel conversions, including tanker conversions to floating storage vessels. Mr. Andreassen has previously held senior positions at OSM Ship Management, Teekay Shipping and Norwegian Contractors.

Email: kjell.andreassen@ads.no, Mobile: +47 905 45 583