Wilh. Wilhelmsen ASA

Board/Management Information • May 3, 2016

Wilhelmsen Holding ASA: Irene Waage Basili elected new board member

Wilhelmsen Holding ASA: Irene Waage Basili elected new board member

Irene Waage Basili was elected new board member at

Wilh. Wilhelmsen Holding ASA's annual general assembly

today, 3 May 2016. Ms Basili was elected for a period

of two years. Ms Basili replaces Bettina Banoun, who

has served on the board since 2005.

Ms Basili is independent of the major shareholder,

Tallyman AS, and holds no shares or options in the

company.

"Ms Basili has more than 25 years of experience from

shipping and several segments within the maritime

industry from Norway and abroad. Combined with board

experience from other large conglomerates, Ms Basili

will add a solid industrial, commercial and strategic

perspective to the board," says Wilhelm Wilhelmsen,

chair of the nomination committee.

Currently, Ms Basili (born in 1967) holds the position

as CEO at GC Rieber Shipping ASA. She was previously

vice president at Peroleum Geo Services ASA and CEO at

Arrow Seismic ASA. She was also part of the Wilhelmsen

group for some ten years, latest as commercial

director in Wallenius Wilhelmsen Logistics.

Ms Basili is board member of Kongsberg Group ASA and

Pacific Basin Shipping Limited.

A full presentation of Wilh. Wilhelmsen Holding ASA's

board members can be found on the company's website.