Board of Directors

Born: 1960. Norwegian citizen.

Born: 1964. Swedish citizen.

Education: Special advanced course in economics, Frans Schartau Business Institute.

Other current assignments: Interim Managing Director AxFast AB. Board member of Veidekke ASA, AxFast AB, Kungsleden AB (publ), Bonnier Fastigheter AB, Stiftelsen Danvikshem and Handelsbanken Regionbank Stockholm. Member of Balco Group AB, Juni Strategi and Analys AB.

Previous assignments: President and CFO at Atrium Ljungberg AB. Twenty years of experience from the real estate sector.

Shareholdings: 3,000

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: Yes

Born: 1958. British citizen.

Education: Diploma in Hotel and Tourism Management, Shannon College of Hotel Management, Ireland.

Other current assignments: Chairman of the Board of Amaris Hospitality, Shearings Holidays Ltd.

Previous assignments: Chairman of The Hotel Collection. Board member of London & Partners Ltd, Thame and London Ltd, TLLC Group Holdings Ltd and Travelodge Hotels Ltd.

Shareholdings: 3,000

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: Yes

Born: 1973. Swedish citizen.

Education: Bachelor of Arts, Webster University and Hotel Management Diploma, HOSTA.

Other current assignments: Owner and President of the investment company RCL Holding AB. Board member of Collector AB, Feelgood Svenska AB, Rasta Group AB, Provobis Invest AB, Harrys Pubar AB, RCL Holding AB, KL Capital AB, Future Pawnbroker AB and Tableflip Entertainment AB. Chairman of the Board of AM Brands AB.

Shareholdings: 230,000 (In addition, Rolf Lundström/Novobis holds 16,803,800 shares)

Independency in relation to major shareholders: No (Rolf Lundström/Novobis)

Independency in relation to the company and management: Yes

Born: 1973. Danish citizen.

Education: Corporate Leader and Crisis Management, Harvard Business School, Master of Science in International Business Administration and Modern Languages from Copenhagen Business School.

Other current assignments: CEO, Danske Spil A/S since 2017, Board member, Coop Danmark A/S since 2016.

Previous assignments: Number of management positions within the DSB group 2002-2006 and 2008-2017, of which as Chief Commercial Officer 2013-2017 and as member of the Executive Team, Chief Commercial Officer at Arriva Scandinavia 2006-2007, and Head of Business Development, Marketing and Communication at KPMG Denmark 2007-2008.

Shareholdings:

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: Yes

Born: 1964. Finnish citizen.

Education: Master of Science in Economics, University of Vaasa, Finland.

Other current assignments: Executive Vice President, Human Resources, Member of the Group Executive Team at UPM-Kymmene Corporation, Supervisory Board member of Ilmarinen Mutual Pension Insurance Company, Member of Labor Markets Committee of the Finnish Forest Industries Federation (FFIF), Member of Work, education and skills Committee of the Finland Chamber of Commerce.

Previous assignments: Member of the board of Posti Group Oyj, member of the Board, Management Institute of Finland MIF, Senior Vice President, Human Resources at Elcoteq Network Corporation 2001-2004 and Raisio Group 2000-2001.

Shareholdings:

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: Yes

Born: 1963. Swedish citizen.

Education: Education: Bachelor of Science in Business Administration and Law from the University of Karlstad, Sweden.

Other current assignments: CEO Stena Adactum AB and Stena Sessan AB, Chairman of the Board in Ballingslöv International, Gunnebo and Stena Renewable. Vice chairman of the Board in Envac. Board member in Svedbergs, Stena Sessan and Stena Adactum. Member of the Stena Sphere Coordination Group.

Previous assignments: Chairman of the board of MEDA, Envac, Mediatec Group & Blomsterlandet.  Experience from operational roles such as CFO at Capio and other senior financial positions.

Shareholdings: 60,000 (In addition, Stena Sessan AB holds 17,947,735 shares)

Independency in relation to major shareholders: No (Stena)

Independency in relation to the company and management: Yes

Born: 1961. Swedish citizen.

Education: Master of Science in Engineering, KTH Royal Institute of Technology, Stockholm, Sweden.

Other current assignments: CEO of Vasakronan AB. Board member of RICS Sweden.

Previous assignments: Board member of Vasakronan AB.

Shareholdings: 3,134

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: Yes

Born: 1967. Swedish citizen.

Education: University courses within leadership and psychology, Economic studies at High school.

Other current assignments: –

Previous assignments: Employee representative Sara Hotels AB  and Reso Hotels AB.

Shareholdings in Scandic: –

Independency in relation to major shareholders: Yes

Independency in relation to the company and management: No (employee representative).