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Avance Gas Holding Ltd (AVANCE.OL)

AVANCE.OL on Oslo Stock Exchange

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Summary

Name Age Since Current Position

Marius Hermansen

38 2018 Chairman of the Board

Peder Simonsen

45 2019 Interim Chief Executive Officer, Chief Financial Officer

Kenneth Aasvang

44 2011 Operations Manager

Goril Gleditsch

33 2014 Technical Manager

Steffen Andersen

42 2008 Vice President Chartering and Projects

Jan Kastrup-Nielsen

2014 Director

Francois Sunier

2014 Director

Biographies

Name Description

Marius Hermansen

Peder Simonsen

Mr. Peder Carl Gram Simonsen has been Chief Financial Officer of Avance Gas Holding Ltd since January 2014. He no longer serves as Interim Chief Executive Officer effective as of August 2019. He has held the position since April 5, 2019. Mr. Simonsen holds a B.A. (Hons) in Business Administration from the University of Stirling and a Master of Business degree (Nw.: Sivilokonom) (2000). He comes from the position as First Vice President of Nordea Bank Norge ASA, where he worked as senior client executive for shipping and offshore companies.

Kenneth Aasvang

Capt. Kenneth Aasvang has held different positions in BW Gas prior to joining Avance Gas Holding Ltd as Operations Manager in May 2011, including 14 years as senior officer on VLGCs whereof five years as Master. Captain Aasvang is responsible for day-to-day management of the fleet and the company’s deliveries of on-time flawless service.

Goril Gleditsch

Ms. Goril Gleditsch joined Avance Gas Holding Ltd in January 2014 as Technical Manager, to work closely with technical managers by following up ship performance and maintenance on a daily basis, as well as oversee the construction of newbuildings in close co-operation with the site-team. She has previously worked in newbuilding departments with Stolt-Nielsen, Fred. Olsen and BW Offshore. Ms. Gleditsch holds a Sivilingenior degree from Norwegian University of Science and Technology (2006).

Steffen Andersen

Mr. Steffen Andersen joined Avance Gas Holding Ltd in 2008 as Vice President Chartering and Projects. He is responsible for day-to-day chartering and customer relationships. Mr. Andersen’s background is from chartering and project shipbroker as well as LPG trading for Norsk Hydro (now part of Statoil). Mr. Andersen holds a Bachelor of Science (Hons) in International Transport from University of Wales (1997).

Jan Kastrup-Nielsen

Francois Sunier