Board of Directors

Board of Directors

Niels G. Stolt-Nielsen

Chairman

Niels G. Stolt-Nielsen has served as a Director of Avance Gas since 18 March 2010. He has served as a Director of Stolt-Nielsen Limited since 1996 and as Chief Executive Officer since 2000. He served as Interim Chief Executive Officer of Stolt Offshore S.A. from September 2002 until March 2003. He was the President of Stolt Sea Farm from 1996 until 2000. In 1994 he opened and organised Stolt-Nielsen Limited's representative office in Shanghai. He joined the company in 1990 in Greenwich, Connecticut, working for Stolt Tankers. Mr Niels G. Stolt-Nielsen graduated from Hofstra University in 1990 with a BS degree in Business and Finance. Mr Stolt-Nielsen also serves as a director of Golar LNG Limited. Mr. Stolt-Nielsen also serves as a director of Golar LNG Limited. Mr. Stolt-Nielsen is a Norwegian citizen, and resides in the United Kingdom. Mr. Stolt-Nielsen has attended four of four Board meetings in 2017.

Niels G. Stolt-Nielsen has served as a Director of Avance Gas since 18 March 2010. He has served as a Director of Stolt-Nielsen Limited since 1996 and as Chief Executive Officer since 2000. He served as Interim Chief Executive Officer of Stolt Offshore S.A. from September 2002 until March 2003. He was the President of Stolt Sea Farm from 1996 until 2000. In 1994 he opened and organised Stolt-Nielsen Limited's representative office in Shanghai. He joined the company in 1990 in Greenwich, Connecticut, working for Stolt Tankers. Mr Niels G. Stolt-Nielsen graduated from Hofstra University in 1990 with a BS degree in Business and Finance. Mr Stolt-Nielsen also serves as a director of Golar LNG Limited. Mr. Stolt-Nielsen also serves as a director of Golar LNG Limited. Mr. Stolt-Nielsen is a Norwegian citizen, and resides in the United Kingdom. Mr. Stolt-Nielsen has attended four of four Board meetings in 2017.

Jan Chr. Engelhardtsen

Director

Jan Chr. Engelhardtsen has served as a Director of Avance Gas since 5 February 2014. He has served as Chief Financial Officer of Stolt-Nielsen Limited since 1991. He served as Interim Chief Financial Officer, Stolt Offshore S.A. from September 2002 until March 2003. He served as President and General Manager of Stolt-Nielsen Singapore Pte. Ltd. from 1988 through 1991. He has been associated with Stolt-Nielsen since 1974. Mr Engelhardtsen holds an MBA from the Sloan School at the Massachusetts Institute of Technology, as well as undergraduate degrees in Business Administration and Finance. Mr Engelhardtsen is a Norwegian citizen, and resides in the United Kingdom. Mr. Engelhardtsen has attended four of four Board meetings in 2017.

Jan Chr. Engelhardtsen has served as a Director of Avance Gas since 5 February 2014. He has served as Chief Financial Officer of Stolt-Nielsen Limited since 1991. He served as Interim Chief Financial Officer, Stolt Offshore S.A. from September 2002 until March 2003. He served as President and General Manager of Stolt-Nielsen Singapore Pte. Ltd. from 1988 through 1991. He has been associated with Stolt-Nielsen since 1974. Mr Engelhardtsen holds an MBA from the Sloan School at the Massachusetts Institute of Technology, as well as undergraduate degrees in Business Administration and Finance. Mr Engelhardtsen is a Norwegian citizen, and resides in the United Kingdom. Mr. Engelhardtsen has attended four of four Board meetings in 2017.

François Sunier

Director

François Sunier has served as a Director of Avance Gas since 1 December 2010. He has been the CEO and Managing Directors of Suntrust Investment Co. S.A. since January 2002. Prior to Suntrust Investment Co. S.A., Mr Sunier worked as an Executive Director at Goldman Sachs, London and at UBS Philips & Drew, London. François Sunier serves at the board of Mirabaud SCA and Groupe Minoteries (listed on the Swiss Stock Exchange Market). François Sunier graduated from the University of Geneva, with a bachelor in political sciences. Mr Sunier is a Swiss citizen, and resides in Switzerland. Mr. Sunier has attended four of four Board meetings in 2017.

François Sunier has served as a Director of Avance Gas since 1 December 2010. He has been the CEO and Managing Directors of Suntrust Investment Co. S.A. since January 2002. Prior to Suntrust Investment Co. S.A., Mr Sunier worked as an Executive Director at Goldman Sachs, London and at UBS Philips & Drew, London. François Sunier serves at the board of Mirabaud SCA and Groupe Minoteries (listed on the Swiss Stock Exchange Market). François Sunier graduated from the University of Geneva, with a bachelor in political sciences. Mr Sunier is a Swiss citizen, and resides in Switzerland. Mr. Sunier has attended four of four Board meetings in 2017.

Kate Blankenship

Director

Kate Blankenship has served as a Director of Avance Gas since 2 October 2013. Mrs Blankenship has also served as a director of Frontline Ltd since 2003 and Frontline 2012 since December 2011. Mrs Blankenship joined Frontline Ltd in 1994 and served as its Chief Accounting Officer and Secretary until October 2005. Mrs Blankenship has been a director of Ship Finance International Limited since October 2003, Golden Ocean Group Limited since November 2004, Golar LNG Limited from July 2003 to September 2015, Golar LNG Partners from September 2007 to September 2015, Seadrill Limited since May 2005, Seadrill Partners LLC since June 2012, North Atlantic Drilling Ltd since February 2011, Independent Tankers Corporation Limited since February 2008 and Archer Limited since its incorporation in 2007. Mrs Blankenship is a member of the Institute of Chartered Accountants in England and Wales. Mrs Blankenship is a British citizen, and resides in the United Kingdom. Mrs. Blankenship has attended four of four Board meetings in 2017.

Kate Blankenship has served as a Director of Avance Gas since 2 October 2013. Mrs Blankenship has also served as a director of Frontline Ltd since 2003 and Frontline 2012 since December 2011. Mrs Blankenship joined Frontline Ltd in 1994 and served as its Chief Accounting Officer and Secretary until October 2005. Mrs Blankenship has been a director of Ship Finance International Limited since October 2003, Golden Ocean Group Limited since November 2004, Golar LNG Limited from July 2003 to September 2015, Golar LNG Partners from September 2007 to September 2015, Seadrill Limited since May 2005, Seadrill Partners LLC since June 2012, North Atlantic Drilling Ltd since February 2011, Independent Tankers Corporation Limited since February 2008 and Archer Limited since its incorporation in 2007. Mrs Blankenship is a member of the Institute of Chartered Accountants in England and Wales. Mrs Blankenship is a British citizen, and resides in the United Kingdom. Mrs. Blankenship has attended four of four Board meetings in 2017.

Erling Lind

Director

Erling Lind has served as a Director of Avance Gas since 1 October 2013, and serves as a partner in the Oslo based law firm Ro Sommernes DA. He graduated from the Faculty of Law at the University of Oslo in 1982 and has, since then, worked as a lawyer at Wiersholm until 2017. He became a partner in 1987. Mr Lind specialises in Corporate Finance and Mergers & Acquisitions, and has advised clients in the shipping and oil service sectors throughout his career. Mr. Lind is a director of Borr Drilling Limited and Vålrenga forball AS. Mr Lind is a Norwegian citizen, and resides in Oslo, Norway. Mr. Lind has attended four of four Board meetings in 2017.

Erling Lind has served as a Director of Avance Gas since 1 October 2013, and serves as a partner in the Oslo based law firm Ro Sommernes DA. He graduated from the Faculty of Law at the University of Oslo in 1982 and has, since then, worked as a lawyer at Wiersholm until 2017. He became a partner in 1987. Mr Lind specialises in Corporate Finance and Mergers & Acquisitions, and has advised clients in the shipping and oil service sectors throughout his career. Mr. Lind is a director of Borr Drilling Limited and Vålrenga forball AS. Mr Lind is a Norwegian citizen, and resides in Oslo, Norway. Mr. Lind has attended four of four Board meetings in 2017.

Jan Kastrup-Nielsen

Director

Jan Kastrup-Nielsen has served as a Director of the Company since April 2014. He has worked for J. Lauritzen from 2000 to 2016 latest as CEO from 2013 to 2016. Prior to being CEO he held the position as COO and headed Lauritzen Kosan and Lauritzen Tankers. From 1993 to 2000 Mr Kastrup-Nielsen worked for Trammogas in various positions, including head of chartering and operation from 1993, general manager from 1995 and managing director from 1998 with responsibilities for the total activities including the global trading. As from 1998, he also served on the board of directors of Transammonia Inc.

Mr Kastrup-Nielsen started his shipping career with A.P. Moller working there from 1978 to 1986. He served on the board of directors of the Danish Shipowners Association from 2013 to 2016 and chaired the Business and Trade Committee from 2006 to 2011. Jan Kastrup-Nielsen has through the years attended a number of programmes at Insead, IMD and IESE. Mr Kastrup-Nielsen is a Danish Citizen and resides in Denmark. Mr. Kastrup-Nielsen has attended four of four Board meetings in 2017.

Jan Kastrup-Nielsen has served as a Director of the Company since April 2014. He has worked for J. Lauritzen from 2000 to 2016 latest as CEO from 2013 to 2016. Prior to being CEO he held the position as COO and headed Lauritzen Kosan and Lauritzen Tankers. From 1993 to 2000 Mr Kastrup-Nielsen worked for Trammogas in various positions, including head of chartering and operation from 1993, general manager from 1995 and managing director from 1998 with responsibilities for the total activities including the global trading. As from 1998, he also served on the board of directors of Transammonia Inc.

Mr Kastrup-Nielsen started his shipping career with A.P. Moller working there from 1978 to 1986. He served on the board of directors of the Danish Shipowners Association from 2013 to 2016 and chaired the Business and Trade Committee from 2006 to 2011. Jan Kastrup-Nielsen has through the years attended a number of programmes at Insead, IMD and IESE. Mr Kastrup-Nielsen is a Danish Citizen and resides in Denmark. Mr. Kastrup-Nielsen has attended four of four Board meetings in 2017.

Marius Hermansen

Director

Marius Hermansen works for the Seatankers group, heading Sale and Purchase/Newbuildings for the group companies. Previously he worked for over 10 years at Fearnleys Shipbrokers and prior to this as a trainee with AP Moller-Maersk. Marius currently serves as a director of the board of Flex LNG Ltd. Mr. Hermansen was educated at the Norwegian School of Economics (NHH) in Bergen, Norway. Marius Hermansen was appointed Director on AGM in July 2017. Mr Hermansen is a Norwegian citizen and resides in Norway. Mr. Hermansen has attended two of two Board Meetings since he was appointed in 2017.

Marius Hermansen works for the Seatankers group, heading Sale and Purchase/Newbuildings for the group companies. Previously he worked for over 10 years at Fearnleys Shipbrokers and prior to this as a trainee with AP Moller-Maersk. Marius currently serves as a director of the board of Flex LNG Ltd. Mr. Hermansen was educated at the Norwegian School of Economics (NHH) in Bergen, Norway. Marius Hermansen was appointed Director on AGM in July 2017. Mr Hermansen is a Norwegian citizen and resides in Norway. Mr. Hermansen has attended two of two Board Meetings since he was appointed in 2017.