Nordic Shipholding — Board/Management Information 2021

Mar 31, 2021

NORDIC SHIPHOLDING

Bilag 2/Appendix 2

Knud Børge Pontoppidan

Formand/Chairman

Nuværende direktionsposter: Administrerende direktør i K. Pontoppidan ApS.

Present managerial positions: CEO of K. Pontoppidan ApS.

Bestyrelseskompetencer: Hr. Pontoppidan har mange års erfaring som administrerende direktør og formand og har et bredt internationalt netværk inden for shippingbranchen samt omfattende erfaring med politiske og juridiske forhold.

Board competencies: Mr. Pontoppidan has many years of experience as CEO and chairman and has a great international network within the shipping industry. Mr Pontoppidan also has extensive experience with political and legal matters.

Uddannelse: Cand. jur. fra Københavns Universitet.

Education: LL.M (cand. jur) from the University of Copenhagen.

Nuværende bestyrelsesposter / Current board positions: Soransk Samfunds Boligfond. Advisory Board of CBS Maritime.

Knud Pontoppidan blev valgt til bestyrelsen den 22. april 2010 og betragtes som uafhængig.

Knud Pontoppidan was elected to the Board of Directors on 22 April 2010 and is considered independent.

Jon Robert Lewis

Næstformand/ Deputy chairman

Nuværende direktionsposter: Partner, administrerende direktør og koncern-intern generel rådgiver for PAG.

Present managerial positions: Partner, Managing Director and Group General Counsel, PAG.

Bestyrelseskompetencer: Hr. Lewis sidder i bestyrelsen i en række investeringsrelaterede holdingselskaber. Hr. Lewis har mere end 25 års erfaring med investeringsfonde, kapitalmarkeder samt private equity og har siden 1997 arbejdet i Hong Kong.

Board competencies: Mr. Lewis is represented on the board of numerous investment holding companies. Mr Lewis has over 25 years of experience with investment funds, capital markets as well as private equity and has been based in Hong Kong since 1997.

Uddannelse: Kandidatgrad fra Cornell University og the University of Michigan Law School.

Education: Graduate degree from Cornell University and the University of Michigan Law School.

Nuværende bestyrelsesposter / Current board positions: Medlem af bestyrelsen i/Member of the Board of Directors of Ariel Asset LLC (formerly known as Ariel Asset Daebu Yuhanhoesa), Asia Sapphire Pte. Ltd.,

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NORDIC SHIPHOLDING

Asia Ruby Pte. Ltd., Asia Ruby One Pte. Ltd., Asia Pragati Capfin Private Limited, China Equity Investments Designated Activity Company (formerly known as: China Equity Investments Limited), DBZ (Cyprus) Limited, Indigo Star Investments Limited, Nordic Maritime S.à r.l., Pacific Alliance Group Asset Management Limited, Pacific Alliance Group Limited, Pacific Alliance Special Situations Management Limited, Pacific Alliance-FF Management Limited, Pacific Alliance-W Management Limited, PACL Secretaries Limited, PAFF Secretaries Limited, PAG Asia Capital GP I Limited, PAG Asia Capital GP II Limited, PAG Asia Loan Management Limited, PAG Asia Loan Management II Limited (formerly known as PAG Asia Loan Management II (USD) Limited), PAG China Equity Investment Management Limited, PAG China Investment Limited, PAG China Limited (formerly known as PAG Hedge Limited), PAG Consulting Australia Pty Ltd, PAG Holdings Limited (formerly known as Pacific Alliance Group Holdings Limited), PAG IPR Holdings Limited, PAG Japan Limited (formerly known as Pacific Alliance Japan Limited), PAG Real Estate (HK) Limited (formerly known as Pacific Alliance Real Estate Limited), PAG Real Estate Limited, PAG Real Estate GP Limited (formerly known as PAG Real Estate Value GP Limited), PAG Real Estate Value LLC, PAG Secretaries Limited, PAG Special Situations LLC, PAG Special Situations Management II Limited (formerly known as PAG Management II Limited), PAIM GP I Limited, PAIM GP II Limited, PAIM Secretaries Limited, PAL GP I Limited, PAL GP II Limited, PA-LF Secretaries Limited, PA-LF2 Secretaries Limited, PARE Secretaries Limited, PASS Secretaries Limited, PASS2 Secretaries Limited, PA-W Secretaries Limited, PAX Secretaries Limited, PREP Secretaries Limited, PAG Enhanced Credit LLC (formerly known as PAG Credit Guarantee Limited), PAG Enhanced Credit Management Limited (formerly known as PAG Credit Guarantee Management Limited), PAG Enhanced Credit Investment Management Limited, PAG-C Management Limited, PAIM II GP II Limited, PAL II GP II Limited, PREP GP II Limited, PAG Real Estate Holding Limited, PAGAC II GP II Limited, PECF GP I Limited, PAG Asia Alpha Advisors Limited, PAG Enhanced Credit Advisors Limited, PAG Special Situations Advisors Limited, PAG Asia Loan Advisors Limited, PAG China Special Situations Advisors Limited, PAG Real Estate Korea Limited, PAG Growth Capital Limited (formerly known as PAG Growth Advisors Limited), PAG Asia Loan LLC, Pacific Alliance Investment Management Limited, PAG-P Management Limited (formerly known as PAG-PK Management Limited), PAG AR Opportunistic Strategies Limited, PAG Asia Alpha LLC, PAG Alpha Investment Management Limited, Asia Alpha Secretaries Limited, PREP GP I Limited, PAGAC2 Secretaries Limited, PA-ECF Secretaries Limited, PAGAC GP I Limited, PAGAC GP II Limited, PAGAC II GP I Limited, PAG CA Partners GP Limited, PAG China Special Situations LLC, PAG China Special Situations LP Limited, PAG-C AR Co-Investment GP Limited, PAG-G AR Co-Investment GP Limited, PAG Growth Capital GP I Limited, PAG BRS LLC (formerly known as PAG Reg Cap Limited), PAG BRS Advisors Limited (formerly known as PAG Reg Cap Advisors Limited), PAG BRS GP Limited (formerly known as PAG Reg Cap Management Limited), Ellida Investment Solutions Advisors Limited (fka: PAG Investment Solutions Advisors Limited), PAG Asia Loan GP III Limited, PA-LF3 Secretaries Limited, PAG Opportunistic Strategies Advisors Limited, PAG Real Estate GP II Limited, PAL III GP Limited, Maritime Asia Diamond Pte. Ltd., MFE Formwork Technology Sdn. Bhd., PAG Real Estate Partners (Luxembourg) II GP S.à r.l., PAG Enhanced Credit GP II Limited, PAG Enhanced Credit II Feeder GP Limited, PAG Asia Opportunity S Class GP Limited, PAG Special Situations GP III Limited, PAG Special Situations III Feeder GP Limited, PAG Asia Capital GP III Limited, PAG Asia Opportunity S Class Feeder I GP Limited, PAG Asia Opportunity S Class Feeder II GP Limited, PREP II Cayman GP Limited, PAGAC III GP Limited, PECF GP II Limited, PAGGC I Acme Holding GP Limited, Autumn Investment GP Limited, PAGAC Galileo Investment Holding GP Limited, PAGAC Galileo Holding GP I Limited, PAGGC 1 Autobots Holding GP Limited, PAG PI Feeder GP Limited, PAIM III GP Limited, PAG-MAG AR Investment GP Limited (formerly known as PAG - GRE AR Investment GP Limited), PAG Loan GP IV Limited, PAG Loan IV Feeder GP Limited, PAG BRS GP II Limited, PAG BRS II Feeder GP Limited, Polymer Holdings Limited, PAG BRS II Feeder Ltd., PAG Asia Opportunity CB Feeder GP Limited, PAG-B Pooled GP Limited, PAG S Class Public Pooled GP Limited, PAG Asia Opportunity B GP Limited, PAG-B Feeder GP Limited, Ellida Global Macro GP Limited (formerly known as PAGQS Global Macro GP Limited), Ellida Global Macro Feeder GP Limited (formerly known as PAGQS Global Macro Feeder GP Limited), PBRS GP II Limited, PAG Special Situations 3.2 Feeder GP Limited, PAG Special Situations GP 3.2 Limited, Ellida Global Macro Feeder II GP Limited (formerly known as PAGQS Global Macro GP Limited), PAG Enhanced Credit GP III Limited, PAG Enhanced Credit III Feeder GP Limited, PAIM 3.2 GP Limited, PAG Loan V Feeder GP Limited, PAG Loan GP V Limited, PAG Real Estate GP III Limited and PAGGC GP II Limited.

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NORDIC SHIPHOLDING

Jon Robert Lewis blev valgt til bestyrelsen den 17. december 2013, og betragtes som ikke-uafhængig på baggrund af relationen til selskabets hovedaktionær.

Jon Robert Lewis was elected to the Board of Directors on 17 December 2013 and is not considered independent due to his relationship with the Company's major shareholder.

Kanak Kapur

Nuværende direktionsposter: Partner og Portfolio Manager, PAG.

Present managerial positions: Partner og Portfolio Manager, PAG.

Bestyrelseskompetencer: Kanak Kapur er primært fokuseret på illikvide investeringsmuligheder og er ansvarlig for at tilvejebringe, strukturere og gennemføre finansieringskrævende transaktioner gennem kapitalstrukturændringer. Kanak Kapur har over 27 års erfaring fra investment banking, handel, privat gæld og nødlidende investeringer, og har været stationeret i Asien i de seneste 21 år.

Kanak Kapur har tidligere været Managing Director hos Deutsche Bank og indledte sin finanskarriere hos JP Morgan Chase i New York.

Board competencies: Kanak Kapur is primarily focused on illiquid investment opportunities and is responsible for sourcing, structuring, and executing credit intensive deals across the capital structure. Kanak Kapur has over 27 years of experience in investment banking, trading and distressed investment and has been based in Asia for the past 21 years.

Prior to joining PAG, Kanak Kapur was a Managing Director at Deutsche Bank and started his career in finance at JP Morgan Chase in New York.

Uddannelse: MBA fra NYU Stern School of Business.

Education: MBA from NYU Stern School of Business.

Nuværende bestyrelsesposter / Current board positions: Medlem af bestyrelsen i/Member of the Board of Directors of Intero Investments Limited, Bremen Developments Limited, Asia Pragati Capfin Private Limited, Maritime Asia Diamond Pte. Ltd., UGRO Capital Limited, Blue Canyon Country Club Co., Ltd., Maritime Asia Pearl Pte. Ltd., Maritime Asia Emerald Pte. Ltd., Maritime Asia Zircon Pte. Ltd., Maritime Asia Crystal Pte. Ltd., Maritime Asia Opal Pte. Ltd., APSE SPV1 Pte. Ltd., Blue Canyon Development Co., Ltd. and Blue Canyon Property Corp., Ltd.

Kanak Kapur blev valgt til bestyrelsen den 14. april 2015. Kanak Kapur betragtes som ikke-uafhængig grundet relationen til selskabets hovedaktionær.

Kanak Kapur was elected to the Board of Directors on 14 April 2015. Kanak Kapur is not considered independent due to his relationship with the Company's major shareholder.

Esben Poulsson

Nuværende direktionsposter: Administrerende direktør i Enesel Pte. Ltd.

Present managerial positions: CEO in Enesel Pte. Ltd.

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NORDIC SHIPHOLDING

Bestyrelseskompetencer: Esben Poulsson har et bredt shipping-netværk i Europa og Skandinavien i særdeleshed og er velplaceret i den asiatiske shipping verden. Esben Poulsson har mange års erfaring i international shipping på såvel direktions- som bestyrelsesniveau, og et dybtgående kendskab til tørlast og produkttankskibe.

Board competencies: Esben Poulsson has a comprehensive shipping network in Europe, especially Scandinavia and is well placed in the Asian Shipping community. Esben Poulsson has extensive executive and non-executive experience in international shipping with an in-depth knowledge of dry bulk and product tankers in particular.

Uddannelse: Kandidatgrad i Business Administration fra British Columbia Institute of Technology, Vancouver, Canada.

Education: Diploma in Business Administration from British Columbia Institute of Technology, Vancouver, Canada.

Nuværende bestyrelsesposter / Current board positions: Bestyrelsesformand/Chairman of the Board of Enesel Pte. Ltd. Medlem af bestyrelsen i/Member of the Board of Directors of Batchfire Resources Pty. Ltd., Cambiaso Risso Asia Pte. Ltd., Finnlines PLc., Tamar Shipmanagement Ltd., Cap San Artemisio Pte. Ltd., Cap San Maleas Pte. Ltd., Cap San Sounio Pte. Ltd., Cap San Tainaro Pte. Ltd., Evergreen Asset Grop Co. Pte. Ltd., Hamburg Sud Asset Group Co Pte. Ltd., Intermediate Holdco 1 Pte. Ltd., Thalassa Avra Pte. Ltd., Thalassa Axia Pte. Ltd., Thalassa Doxa Pte. Ltd., Thalassa Elpida Pte. Ltd., Thalassa Hellas Pte. Ltd., Thalassa Mana Pte. Ltd., Thalassa Niki Pte. Ltd., Thalassa Patris Pte. Ltd., Thalassa Pistis Pte. Ltd., Thalassa Tyhi Pte. Ltd., Maritime and Port Authority of Singapore (MPA) and BW EPIC KOSAN Ltd., Singapore. Formand/Chairman of the international Chamber of Shipping, London. Senior Advisor to the Chairman of X-Press Feeders Ltd./Sea Consortium Pte. Ltd. On the Advisory panel of the Singapore Maritime Foundation.

Esben Poulsson blev valgt til bestyrelsen den 20. april 2018 og betragtes som uafhængig.

Esben Poulsson was elected to the Board of Directors on 20 April 2018 and is considered independent.

Jens V. Mathiasen

Nuværende direktionsposter: Partner og advokat Gorrissen Federspiel Advokatpartnerselskab.

Present managerial positions: Partner and attorney-at-law Gorrissen Federspiel Advokatpartnerselskab.

Bestyrelseskompetencer: Jens V. Mathiasen har mange års erfaring juridisk rådgivning indenfor det maritime og transport hvor han rådgiver mange store internationale redere. Jens V. Mathiasen har tillige stor erfaring indenfor skibsfinansiering og -registrering.

Board competencies: Jens V. Mathiasen has a vast experience within the maritime and transport sector where he advises a number of large international shipowners. Jens V. Mathiasen furthermore has extensive experience with ship finance and -registration.

Uddannelse: Cand. jur. fra Københavns Universitet, LL.M. University of Southampton

Education: LL.M (cand. jur) from the University of Copenhagen, LL.M. University of Southampton

Nuværende bestyrelsesposter / Current board positions: Medlem af bestyrelsen i/Member of the Board of Directors of Orskov Yard A/S, Ann Birgitte & Niels Ørskov Christensen familiefond and North Sea operators Claims Conference (NSOCC). Chairman of Board of Directors of IRON Fonden, member of the Board of Directors of IRON Pump A/S, IRON Pump Holding A/S and IRON Pump Ejendomme A/S.

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NORDIC SHIPHOLDING

Jens V. Mathiasen blev valgt til bestyrelsen den 20. april 2018 og betragtes som ikke-uafhængig på baggrund af sit hverv.

Jens V. Mathiasen was elected to the Board of Directors on 20 April 2018 and is not considered independent due to his occupation.

Philip Clausius

Nuværende direktionsposter: Administrerende direktør for Nordic Shipholding A/S og Transport Capital Pte. Ltd., Singapore.

Present managerial positions: CEO of Nordic Shipholding A/S and Transport Capital Pte. Ltd., Singapore.

Bestyrelseskompetencer: Hr. Clausius har mere end 20 års erfaring med shipping, skibsfinansiering og kapitalmarkeder.

Board competencies: Mr Clausius has more than 20 years' experience in shipping, ship finance and capital markets.

Uddannelse: Kandidatgrad (Diplom-Betriebswirt) i Business Administration fra European Business School i Tyskland.

Education: Graduate degree (Diplom-Betriebswirt) in Business Administration from the European Business School, Germany.

Nuværende bestyrelsesposter / Current board positions: Medlem af bestyrelsen i/Member of the Board of Directors of the Singapore-incorporated subsidiaries of Nordic Shipholding A/S Group, CEO and Director of Transport Capital Pte. Ltd., Director of Transport Capital Holdings Pte. Ltd. and its subsidiaries, Maritime Asia Diamond Pte. Ltd., APSE SPV2 Pte. Ltd., APSE SPV3 Pte. Ltd., APSE SPV4 Pte. Ltd., Wellard Limited and its Singapore-incorporated subsidiaries, The Standard Club Ltd, The Standard Club Asia Ltd, Bengal Tiger Line Pte. Ltd., Gram Car Carriers Holdings Pte. Ltd. and GCC (CUE) Shipowning Pte. Ltd.

Supervisor to the Board of Columbia Shipmanagement (Shanghai) Co., Ltd. and Columbia Crew Management (Shanghai) Co., Ltd. and Chairman of Singapore War Risks Mutual (SWRM) Class Committee.

Philip Clausius blev valgt til bestyrelsen den 17. december 2013 og betragtes som ikke-uafhængig, da han er administrerende direktør i selskabet.

Philip Clausius was elected to the Board of Directors on 17 December 2013 and is not considered independent, as he is the CEO of the Company.