Statoil ASA

Born: 1962 Position: CEO of Statoil from August 2004. CEO of StatoilHydro since 1 October 2007. External directorships: None Number of shares in StatoilHydro ASA: 13,857 Loans from StatoilHydro: None. Experience: Came to Statoil from the position of CEO in Aker Kværner ASA. Held central managerial positions in the Aker RGI system from1999. Has been political adviser to the Conservative Party of Norway’s parliamentary group, a consultant with McKinsey & Co and Deputy Managing Director of Nycomed Pharma AS. Education: MA in business economics (siviløkonom) from the Norwegian School of Economics and Business Administration (NHH) in Bergen and Master of Business Administration (MBA) from INSEAD in France. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Helge Lund is a Norwegian citizen, and he lives in Norway.

Born: 1956 Position: CFO of Statoil from October 2003. CFO of StatoilHydro since 1 October 2007. External offices: Member of the board of directors of Strømberg Gruppen AS. Number of shares in StatoilHydro ASA: 6,057. Loans from StatoilHydro: None. Experience: He worked for Statoil from 1980 and held several management positions in the group in the fields of accounting and finance. Education: MA in business economics (siviløkonom) from the Norwegian School of Economics and Business Administration in Bergen. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Eldar Sætre is a Norwegian citizen, and he lives in Norway.

Born: 1949 Position: Executive vice president in StatoilHydro since 10 November 2008. External offices: None. Number of shares in StatoilHydro ASA: 2,726. Loans from StatoilHydro: None. Experience: Worked for Phillips Petroleum before joining Statoil in 1981. Among other things, he was in charge of project development for the Sleipner condensate project, was responsible for gas technology in the Natural Gas business area, was project director for Norfra (Franpipe) and was head of Statoil research and technology. From 2003 to 2007, Mr Myrebøe led the development of the offshore part of Snøhvit and, since the merger between Statoil and Hydro, he has been responsible for offshore modifications in the Projects business area. Education: Graduated with a Master of Science degree (sivilingeniør) from the Norwegian University of Science and Technology (NTNU) in 1973. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Gunnar Myrebøe is a Norwegian citizen, and he lives in Norway.

Born: 1956 Position: Executive vice president in StatoilHydro since 10 November 2008. External offices: None. Number of shares in StatoilHydro ASA: 1,397. Loans from StatoilHydro: None. Experience: Ms Nes worked for Hydro from 1984, as a process engineer, quality manager and head of staff, among other positions. Ms Nes was HR responsible within exploration and development in Hydro’s Oil and Energy division from 2002 to 2004, and IT director from 2004 to 2007. From 2007, Ms Nes was in charge of HSE and HR in the Projects business area in StatoilHydro. Education: Cand. real degree in organic chemistry from the Norwegian University of Science and Technology (NTNU) and a Master of Business Administration from the Norwegian BI Norwegian School of Management. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Helga Nes is a Norwegian citizen, and she lives in Norway.

Born: 1957 Position: Executive vice president in Statoil from 2004. Executive vice president in StatoilHydro since 1 October 2007. External directorships: None. Number of shares in StatoilHydro ASA: 7,164 Loans from StatoilHydro: None. Experience: Worked for Den norske Bank (DnB) for 13 years where he held positions including General Manager and head of DnB’s Singapore branch. Senior Vice President Group Finance in Statoil from 1998 to 2004. Education: MA in business economics (siviløkonom) from the Norwegian School of Management (BI) in Oslo and Master of Business Administration (MBA) from the University of Wisconsin. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Jon Arnt Jacobsen is a Norwegian citizen, and he lives in Norway.

Born: 1958 Position: Executive vice president in Statoil from September 2004. Executive vice president in StatoilHydro since 1 October 2007. External offices: Board member of Elkem Atlas Copco AB and the Research Council of Norway Number of shares in StatoilHydro ASA: 7,977. Loans from StatoilHydro: None. Experience: She worked for Statoil from 1982 and held central management positions in the company, including the position of executive vice president for health, safety and the environment and executive vice president for Technology & Projects. She was the company’s first female platform manager, on the Gullfaks field. She was vice president for operations for Veslefrikk and vice president of operations support for the Norwegian continental shelf. Education: MA in engineering (sivilingeniør) from the Norwegian Institute of Technology (NTH) in Trondheim, specialising in technical physics. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Margareth Øvrum is a Norwegian citizen, and she lives in Norway.

Executive vice president, Exploration & Production Norway Born: 1956. Position: Executive vice president in StatoilHydro since 10 November 2008. External offices: Board member of Unifob (university research company in Bergen) and OLF (the Norwegian Oil Industry Association). Number of shares in StatoilHydro ASA: 2,040. Loans from StatoilHydro: None. Experience: Recruited to Hydro’s research centre in Porsgrunn in 1981, he was attached to Hydro Oil and Energy division from 1985, and was head of the operations unit for Hydro’s oil activities from 2004. He has been senior vice president for StatoilHydro’s Operations North cluster since 1 October 2007. Education: MA in engineering (sivilingeniør) from the Norwegian Institute of Technology (NTH) in Trondheim. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Øystein Michelsen is a Norwegian citizen, and he lives in Norway.

Born: 1949 Position: Executive vice president in Statoil from 1992. Executive vice president in StatoilHydro since 1 October 2007. External offices: Member of the board of the Energy Policy Foundation of Norway (EPF) Number of shares in StatoilHydro ASA: 7,906. Loans from StatoilHydro: None. Experience: Worked for the Ministry of Trade and the Norwegian Export Council before joining Statoil in 1982. Held several central management positions in Statoil. Executive vice president of Natural Gas from 1992 to 2004. Education: Cand. polit. degree from the University of Oslo. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Peter Mellbye is a Norwegian citizen, and he lives in Norway.

Born: 1959 Position: Executive vice president in Statoil from 2004. Executive vice president in StatoilHydro since 1 October 2007. External offices: None. Number of shares in StatoilHydro ASA: 4,351. Loans from StatoilHydro: None. Experience: He worked for Statoil from 1985, holding various management positions in the Natural Gas business area. He was vice president in Statoil UK from 2001 to 2003. Education: Cand. polit. degree from the University of Bergen. Family relations: No family relations to other members of the Corporate Executive Committee, members of the Board or the Corporate Assembly. Other matters: Rune Bjørnson is a Norwegian citizen, and he lives in Norway.

Position: Represents the employees on the board. Born: 1954. Member of the board: Of Statoil ASA from 2006 to 2007 and StatoilHydro ASA since 1 October 2007. Independent: No. Other offices: None. Number of shares in StatoilHydro ASA: 165. Loans from StatoilHydro: None. Experience: Mr Clausen worked for Statoil from 1991, and from 1997 he held various positions in the process discipline. He was attached to Statfjord from 2001, among other things as process discipline manager. Mr Clausen is currently head of inspection and surface maintenance in Stavanger. Education: Claus Clausen has an engineering degree from Bergen Engineering College. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Claus Clausen is a Norwegian citizen, and he lives in Norway.

Offices: Board member and member of the board’s compensation committee. Born: 1959 Member of the board of StatoilHydro ASA: A member of the board of Norsk Hydro ASA from 2001 to 2007. Member of the board of StatoilHydro ASA since 1 October 2007. Independent: Yes Other offices: Chair of the board of Grieg Shipping Group and Grieg Star Shipping AS. Board member in Grieg Maturitas AS, Grieg Foundation and SOS Children’s Villages, Norway. Member of the corporate assembly and election committee of Orkla ASA, and of the council of Det Norske Veritas. Number of shares in StatoilHydro ASA: 33,108 Loans from StatoilHydro: None Experience: Managing Director of Grieg International AS and co-owner of the Grieg Group. President of the Norwegian Shipowners’ Association Other matters: Elisabeth Grieg is a Norwegian citizen, and she lives in Norway. Elisabeth Grieg is part-owner of the family company Grieg Maturitas AS, which indirectly owns 20% of AON Grieg AS. AON Grieg AS acted as broker for StatoilHydro in 2008 and received fees totalling NOK 16,934,611 from StatoilHydro in 2008. In addition, Grieg Maturitas AS and other family companies own a direct and indirect interest of 75% of Grieg Logistics AS. Elisabeth Grieg’s husband, Stig Grimsgaard Andersen, is a board member of Grieg Logistics AS. Grieg Logistics AS delivered logistics and transport services to StatoilHydro in 2008, for which it received fees totalling NOK 135,177,387. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly.

Position: Employee-elected observer on the board. Represents employees who are members of the Norwegian Confederation of Trade Unions (LO) Born: 1955. Member of the board: A member of the board of Norsk Hydro ASA from 2003 to 2007. Observer on the board of StatoilHydro since 1 October 2007. Independent: No. Other directorships: None. Number of shares in StatoilHydro ASA: 626. Loans from StatoilHydro: None. Experience: Joined Hydro in 1973 and worked as a maintenance manager in Petrochemicals/PVC from 1984 to 1988. Employed offshore from 1988, as a maintenance manager from 1996. Education: Automation worker. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Geir Nilsen is a Norwegian citizen, and he lives in Norway.

Offices: Board member and member of the board’s compensation committee. Born: 1946 Member of the board of StatoilHydro ASA: Since 1 October 2007. Member of Statoil ASA’s corporate assembly from 1992 to 2007. Independent: Yes Other directorships: Mr Bjørndalen is a member of the boards of Alfred Berg Kapitalforvaltning AS, Xynergo AS and Bank 1 Oslo. Number of shares in StatoilHydro ASA: 0 Loans from StatoilHydro: None Experience: Until October 2007, he was president of the Norwegian United Federation of Trade Unions (Fellesforbundet) and a member of the secretariat of the Norwegian Confederation of Trade Unions (LO). Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Kjell Bjørndalen is a Norwegian citizen, and he lives in Norway.

Position: Represents the employees on the board. Born: 1963. Member of the board: Of Statoil ASA from 1998 to 2002 and from 2004 to 2007. Member of the board of StatoilHydro ASA since 1 October. Independent: No. Other directorships: She is a member of the executive committee of the Industry Energy (IE) trade union and holds a number of offices as a result of this. Number of shares in StatoilHydro ASA: 330. Loans from StatoilHydro: None. Experience: She has worked as a process technician at the petrochemical plant in Bamble and on the Gullfaks field in the North Sea. She is now a full-time employee representative as leader of the StatoilHydro branch of IE. Education: Has a craft certificate as a process/chemistry worker. Other matters: Lill-Heidi Bakkerud is a Norwegian citizen, and she lives in Norway. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly.

Offices: Deputy chair and member of the board’s audit committee. Born: 1962 Board member: Member of the board of Statoil ASA from June 2006 and member of the board of StatoilHydro ASA since 1 October 2007. Independent: Yes Other directorships: Chair of the board of the Norwegian University of Science and Technology (NTNU). Board member of Adresseavisen ASA, NTE Nett AS, Aker Seafood ASA and Acta ASA. Number of shares in StatoilHydro ASA: 0 Loans from StatoilHydro: None Experience: Ms Arnstad is a lawyer with the law firm Schjødt AS. Ms Arnstad was Minister of Petroleum and Energy during the period 1997 – 2000. She was a member of the Norwegian parliament, the Storting, for the Centre Party from 1993 to 1997 and 2001 to 2005, and was leader of the party’s parliamentary group from 2003 to 2005. Before this, she was a Higher Executive Officer at the Ministry of the Environment. Education: Law graduate (cand. jur.) from the University of Oslo. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Marit Arnstad is a Norwegian citizen, and she lives in Norway.

Position: Represents the employees on the board and is a member of the board’s audit committee. Born: 1956. Member of the board: Of Statoil ASA from 2002 to 2007 and of StatoilHydro ASA since 1 October 2007. Independent: No. Other directorships: None. Number of shares in StatoilHydro ASA: 933. Loans from StatoilHydro: NOK 260.555. This is an employee loan in the company on the terms and conditions that apply to all employees at his job level. Experience: Mr Svaan worked for Statoil from 1985. He now works on health, safety and the environment (HSE) for the Technology & New Energy business area, largely focusing on security and emergency response. Mr Svaan was chief employee representative for the Statoil branch of the NIF/Tekna union from 2000 until 2004. Education: He has a PhD in chemistry from the Norwegian University of Science and Technology and a degree in business economics from the Norwegian School of Management (BI). Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Morten Svaan is a Norwegian citizen, and he lives in Norway.

Position: Employee-elected observer on the board. Represents employees who are members of the Norwegian Confederation of Trade Unions (LO) Born: 1955. Member of the board: A member of the board of Norsk Hydro ASA from 2003 to 2007. Observer on the board of StatoilHydro since 1 October 2007. Independent: No. Other directorships: None. Number of shares in StatoilHydro ASA: 626. Loans from StatoilHydro: None. Experience: Joined Hydro in 1973 and worked as a maintenance manager in Petrochemicals/PVC from 1984 to 1988. Employed offshore from 1988, as a maintenance manager from 1996. Education: Automation worker. Family relations: No family relations to other members of the Board, members of the Corporate Executive Committee or the Corporate Assembly. Other matters: Geir Nilsen is a Norwegian citizen, and he lives in Norway.