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Ola Lorentzon has been a director of the Company since its incorporation on September 18, 1996, Chairman since May 26, 2000, and Chief Executive Officer from May 2010 to March 2015. He is also a director of Frontline Ltd, Flex LNG Ltd, and Erik Thun AB. Mr. Lorentzon was the Managing Director of Frontline Management AS, a subsidiary of Frontline, from April 2000 until September 2003.