The Board of Directors consists of 12 members. The Board has overriding responsibility for managing Vår Energi and supervising the company’s operations and business in general. The Board is elected by The Annual General Meeting and is independent of management. The Board consists of the following members:

Role: Chair
Year of birth: 1956
Appointed: 26. January, 2022

Role: Deputy chair
Year of birth: 1961
Appointed: 26. January, 2022

Other directorships:
Chair: Cadre AS, Silex Gas Norway AS, Green Ammonia Berlevåg AS. Board member: Sintef Energi AS, Enquest Plc, VNG AG, Nordic Ferries Infrastructure AS, Aker Carbon Capture AS, Gigante Salmon AS, Helse Sør Øst Regional Health Authority

Experience:
Liv Monica Bargem Stubholt is Partner at Selmer, a Norwegian corporate law firm, with a focus on ESG, governance and the energy sector. She has previously served as Investment Director at Aker ASA, President and CEO of Aker Seafoods ASA, CEO of Aker Clean Carbon AS, EVP in Kværner ASA, and State Secretary at the Norwegian Ministry of Foreign Affairs and the Ministry of Energy.  

Education:
Master of Law from the University of Oslo. 

Citizenship:
Norwegian

Place of residence (country):
Norway

Role: Board member
Year of birth: 1969
Appointed: 11. September, 2020

Other directorships:
None

Experience:
Francesco Gattei has over 25 years of experience in the oil and gas industry across various senior roles at Eni S.p.A. Group. He is currently Chief Financial Officer for Eni S.p.A. and has previously served as Upstream Director of the Americas, Head of Investor Relations, Secretary to Eni’s Advisory Board, Senior VP of Market Scenarios and Strategic Options, and Head of Upstream M&A. 

Education:
Francesco Gattei holds a Master in Energy and Environmental Management from the Scuola Mattei. Furthermore, he earned a degree in Economics and Commerce in 1994 at the University of Bologna with a thesis on the oil market. 

Citizenship:
Italian

Place of residence (country):
Italy

Role: Board member
Year of birth: 1970
Appointed: 10. December, 2021

Other directorships:
Chairman of Confindustria Energia (association of energy companies operating in Italy) 

Experience:
Guido Brusco has over 25 years of experience in the energy business for Eni SpA Group across different countries and senior positions. Guido is currently Chief Operating Officer Natural Resources for Eni S.p.A and has previously served as Upstream Director, Executive Vice President for the Sub-Saharan Region and Managing Director in Angola and Kazakhstan. 

Education:
Guido Brusco holds a degree cum laude in mehanical engineering from Università La Sapienza, Roma, Italy. 

Citizenship:
Italian

Place of residence (country):
Italy

Role: Board member
Year of birth: 1978
Appointed: 07. May, 2024

Other directorships:
None

Experience:
Francesca Rinaldi has over 20 years of experience in the oil and gas industry, she has enjoyed a varied and rich international experience in Italy, Egypt, Angola, Kazakhstan and UK.

Her current position is the Head of Operated by Other Business Performance and Asset Variolization Initiatives, based Eni Headquarter. Previously, she has covered diverse roles in Well Operations, including the Head of Drilling Completion and Production Optimization activities for all Eni worldwide assets, and she was also appointed Managing Director of Eni UK in London.

Education:
Francesca graduated in Engineering from the University of Bologna and she holds a Masters in Management Development from the SDA Bocconi School of Management in Milan. She also attended an Executive Leadership programme in Oxford University.

Citizenship: Italian

Place of residence (country):
Italy

Role: Board member
Year of birth: 1979
Appointed: 07. May, 2024

Other directorships:
BOD OGCI Climate Investments LLP (since January 2024)

Experience:
Claudia Almadori has 15 years of experience in the energy business for Eni SpA Group. She currently heads Eni CEO’s Office; she has previously held various positions in Eni, serving within the Internal Audit Department as Head of the Internal Audit relations with Governance Bodies and as team leader in health, safety & environment audit activities across the whole Eni SpA Group. Formerly she worked in a consultancy firm in projects related to HSE and sustainability, on behalf of companies and multinationals in different industrial sectors.

Education:
Claudia Almadori holds a degree cum laude in Environmental Engineering from University of Perugia (Italy); she also completed an international advanced training course on Social & Environmental Sustainability.

Citizenship:
Italian

Place of residence (country):
Italy

Role: Board member
Year of birth: 1955
Appointed: 26. January, 2022

Other directorships:
Epta Refrigeration S.p.A. Director, CESI S.p.A. Director, Elkat S.A. Vice Chairman 

Experience:
Fabio Ignazio Romeo has over 20 years of experience in the energy business, recently appointed as Fabio Ignazio Romeo is currently the Chairman for Oman Cables. Romeo worked as Chief Strategy Officer in Prysmian Group S.p.A. from January 2014 to April 2021. 

Education:
Fabio Ignazio Romeo holds an undergraduate degree in electrical engineering from Politecnico di Milano, and a graduate degree and doctorate in electrical engineering and computer science from the University of California, Berkeley. 

Citizenship:
Italian

Place of residence (country):
Italy

Role: Board member
Year of birth: 1981
Appointed: 25. September, 2024

Other directorships: Serving as Chair or Board Member of certain private investment companies

Experience:
Ole Johan Gillebo has experience across corporate development, investment banking and private equity, incl. serving as Investment Director within the European Buyout team of EQT Partners, as Executive Director within the Investment Banking Division (Global Natural Resources) at Goldman Sachs, as well as various roles within the CFO group of Equinor.

Education:
Ole Johan Gillebo holds an MBA from Columbia Business School; BA in Economics and BBA in Finance from Pacific Lutheran University; further graduate studies at Harvard University and London Business School.

Citizenship:
Norwegian

Place of residence (country):
Norway

Role: Board member – employee elected representative
Year of birth: 1963
Appointed: 4. May, 2022

Other directorships:
None

Experience:
Jan Inge Nesheim has worked offshore for Vår Energi for more than 25 years (Exxon and Point Recources). He holds the position as Discipline Responsible Mechanical on Balder. Prior to joining the Company, he worked offshore for other companies such as Smedvig Drilling. During recent years, he has been an employee-elected board member representing the trade union SAFE, as well as the head of the local trade union. Previously, he has represented the employees in numerous committees, such as the Working Environment Committee and the Works Council. Nesheim has also served in multiple positions within the central SAFE trade union. 

Education:
Marine chief engineer 

Citizenship:
Norwegian

Place of residence (country):
Norway

Role: Board member – employee elected representative
Year of birth: 1966
Appointed: 4. May, 2022

Other directorships:
None

Experience:
Martha Skjæveland has worked for Vår Energi since 2006. Martha has more than 30 years of experience in the oil industry and across drilling, operations, projects, service companies and commercial. She has been the leader of the union Industri Energi within Vår Energi since 2010. She was also Eni Norge’s representative in the Eni Corporate European Works Council from 2011 to 2018, and deputy Board Member of Eni Norge’s board of directors from 2016 to 2018. 

Education:
Mixed within working environment and economics from different universities in Norway. 

Citizenship:
Norwegian

Place of residence (country):
Norway

Role: Board member – employee elected representative
Year of birth: 1981
Appointed: 07. May, 2024

Other directorships:
None

Experience:
Carl Anders Olof Kjörling has worked for Vår Energi since 2012 (Eni Norge). He currently holds the position as Project Manager, and previously held several leadership positions within the company. He has more than 17 years’ experience in the industry and previously worked for other companies such as SLB (Schlumberger), NOV and Aker Solutions. He serves on the Board of Directors as an employee representative from Tekna which he also is the local leader for since 2023.

Education:
Carl Anders Olof Kjörling has a bachelor’s degree in mechanical engineering from Arizona State University in 2006 and a master’s degree in industrial economics from the University of Stavanger in 2012.

Citizenship:
Swedish and Norwegian

Place of residence (country):
Norway

Role: Board member – employee elected representative
Year of birth: 1981
Appointed: 07. May, 2024

Other directorships:
None

Experience:
Lilli Fagerdal has worked for Vår Energi since 2011. She currently holds the position of Project Quality and Risk Manager and previously worked in several departments in Vår Energi; Goliat Development Project in South Korea, OR&A Goliat, HSEQ and leading Modification Projects. She has more than 25 years’ experience working in Operating Companies. She serves on the Board of Directors as an employee representative from NITO.

Education:
Lilli Fagerdal has a Bachelors’ degree in Automation, certificate of apprenticeship in Process operations and a certificate in PMP.

Citizenship:
Norwegian

Place of residence (country):
Norway

Audit Committee:

• Liv Monica Bargem Stubholt – Chair
• Francesco Gattei
• Ole Johan Gillebo
• Carl Anders Olof Kjörling (employee representative)

Audit Committee Instructions.

Safety & Sustainability Committee:

• Claudia Almadori – Chair
• Fabio Ignazio Romeo
• Jan Inge Nesheim (employee representative)
• Martha Skjæveland  (employee representative)

Safety and Sustainability Committee Instructions.

Remuneration and Leadership Development Committee:

• Thorhild Widvey – Chair
• Guido Brusco
• Lilli Fagerdal (employee representative)

Mandate for the Board’s Remuneration and Leadership Development Committee.

Election Committee:

(Elected at AGM 07.05.2024 and valid till AGM in 2026)

• Philip Duncan Hemmens – Chair
• Lars Christian Bacher
• Lars Erik Moen

Election Committee Instructions.