Vow ASA — Board/Management Information 2017

Nov 24, 2017

Scanship Holding ASA : New members of the Board of Directors of Scanship Holding ASA

Scanship Holding ASA : New members of the Board of Directors of Scanship Holding ASA

The Extraordinary General Meeting (EGM) of Scanship Holding ASA has on 24

November 2017 elected Benedicte Bakke Agerup and Bård Brath Ingerø as new

members of the Board of Directors of Scanship Holding ASA. The new directors

will succeed Tore Enger, who has been relieved of his duties.

Benedicte Bakke Agerup has worked in Wilh Wilhelmsen ASA for more than 20 years,

and during the last 7 years up to April 2017 she held the position as Chief

Financial Officer. In addition to her career in Wilh Wilhelmsen ASA, she has

been CFO in KLP Insurance and risk management advisor in DNB. She has been a

board member in various companies. Ms. Agerup has a degree in Economics and

Business Administration (Norwegian: "siviløkonom") from NHH (Norwegian School of

Economics), and she has also competed the Advanced Management Program at Harvard

Business School.

Bård Brath Ingerø joined Reiten & Co in 1993 as a partner. He has extensive

financial transaction and private equity experience from most of Reiten's

investments. He was appointed Managing Partner in May 2014. Mr. Ingerø holds a

degree in Economics from the University of Oslo. He is the co-author of a

chapter in a leading Norwegian mergers and acquisitions textbook and has written

articles on MBO topics as well as being a frequent lecturer for The Norwegian

Association of Masters of Science in Business. Mr. Ingerø currently sits on the

Board of Directors of Brubakken, MalthusUniteam and Competenia.

After these changes, the Board of Directors of Scanship Holding ASA consists of:

- Narve Reiten (chair)

- Susanne Schneider

- Benedicte Bakke Agerup

- Bård Brath Ingerø

For further queries, please contact:

Henrik Badin - CEO

Scanship Holding ASA

Tel: + 47 90 78 98 25

Email: henrik.badin@scanship.no

ABOUT SCANSHIP HOLDING ASA

Scanship is a cruise industry leader in advanced technologies for clean oceans.

Owners of vessels operating our systems have the solutions to convert all waste

and wastewater to inert materials, recyclables, clean flue gas and effluent,

which meets the highest international discharge standards. Our wastewater

purification system is the only system in operation for large cruise ships which

complies with the new effluent discharge standards for nutrient removal being

enforced from 2019. Our new technologies will recover energy from waste and

produce energy, providing tangible payback from the operations. We strive for

the highest quality, innovation and sustainable solutions.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.