Endúr ASA: Recommendation from the Nomination Committee

Endúr ASA: Recommendation from the Nomination Committee

11.05.2021 13:49

https://newsweb.oslobors.no/message/532848

Reference is made to the notice of ordinary general meeting (the 'GM') in Endúr ASA (the 'Company') dated 30 April 2021. Further to item 5 on the agenda of the GM regarding election of additional board members, the Nomination Committee of the Company has unanimously decided to nominate Pål Reiulf Olsen as new chairman and Jörn Ryberg and Kristine Landmark as new board members for the election to take place in the GM on Friday, 21 May 2021: Olsen has more than 30 years of experience as a business executive and board chairman in a number of companies, particularly within the finance and energy sector. He has extensive experience from M&A and the capital markets. Pål has served as Senior Partner in HitecVision, Director for Corporate Finance with responsibility for energy in First Securities ASA (formerly Elcon Securities AS), Controller and Chief for strategic operations in Aker ASA in addition to experience from banking and finance. He holds a Master in Business and Economics and is a certified public accountant from NHH. Olsen is nominated to the position as chairman. Landmark has also more than 30 years of experience as a business executive and board member in various companies, particularly within manufacturing. Her particular focus has been on product development, branding, logistics and sales both nationally and internationally. Kristine has served as CEO at Slettvoll AS and Stokke AS. Landmark is nominated as board member. Ryberg is one of the founders of Marcon-Gruppen i Sverige AB and has comprehensive expertise from construction entrepreneurship. Ryberg is nominated as board member. In addition, the Company's board of directors consists of Hedvig Bugge Reiersen and Bjørn Finnøy, as well as two employee representatives, Kristoffer Nesse Hope and Jorunn Helvik Ingebrigtsen. In the Nomination Committee's opinion, the overall Board represents a good variety of expertise and experience in line with what the company requires. The Recommendation from the Nomination Committee in full is attached to this stock exchange announcement. The Nomination Committee consists of: Espen Ommedal (chair), Henning Nordgulen and Arne Markhus. For further information, please contact: Media - Hans Olav Storkås, CEO of Endúr, tel: [phone] Investors - Lasse B. Kjelsås, CFO of Endúr, tel: [phone]