Member of the Board of Directors since 2008. Born 1958.

M. Sc. in Technical Physics, Norwegian University of Science and Technology (NTNU).

Executive vice president for the Technology & New Energy business area in Statoil, Norway. Member of the Board of the private equity company Ratos AB, Sweden.  Work experience: Several leading positions within technology, projects, production, maintenance, health/safety/environment, and procurement in Statoil. All positions based in Norway.

Margareth Øvrum is independent both in relation to the company and major shareholders.

Holdings at year-end 2012: 0 shares. 11 741 synthetic shares.