Magnora ASA

Board/Management Information • May 24, 2016

Curriculum Vitae

Mr. Erling Øverland

Erling Øverland is a Norwegian citizen born in Oslo in 1952. Mr. Øverland holds a Master Degree from the Norwegian School of Economics and Business Administration (NHH) in Bergen. He has extensive and broad experience from the oil and gas industry. He served Statoil for more than 30 years within the areas of finance, accounting, trading, retail and marketing, shipping and business development. Mr. Øverland had several corporate leadership positions in Statoil including five years as CFO and a number of years as EVP for downstream operations. He was acting CEO of Statoil ASA in 2004. Erling Øverland was elected president and chairman of the Confederation of Norwegian Enterprise (NHO) from 2004 – 2008. Erling Øverland has wide board experience and is presently chairman of Næringslivets NOx-Fond and a board member of Sparebank 1 SR-Bank ASA. Previous board memberships include PCI Biotech Holding ASA (chairman), University of Stavanger, SINTEF, Hafslund, Norges Varemesse, Sparebank 1 Livsforsikring and head of the Control Committee of Det norske Veritas. Erling Øverland is domiciled in Stavanger, Norway. He is married and has three children.