People: Sevan Drilling ASA (SEVDR.OL)

SEVDR.OL on Oslo Stock Exchange

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Summary

Name Age Since Current Position

Erling Lind

2012 Chairman of the Board

Scott McReaken

35 2013 Chief Executive Officer

Jon Wilmann

52 2011 Chief Financial Officer

Aasmund Erlandsen

53 2013 Chief Operating Officer

Gilberto Cardarelli

57 2013 Vice President Operations, Brazil Country Manager

Eileen Aspehaug

43 2011 Vice President of Human Resources

Pascal Busch

52 2011 Vice President of Quality, Health, Safety and Environment (QHSE)

Bjorn Gustavsen

45 2011 Vice President Projects

Birgitte Ringstad Vartdal

2013 Director

Ranghild Wiborg

2014 Director

Per Wullf

53 2012 Director

Kristian Johansen

2012 Independent Director

Biographies

Name Description

Erling Lind

Mr. Erling Lind has served as Chairman of the Board of Directors of Sevan Drilling ASA since January 9, 2012. He has a Law degree from University of Oslo (Universitetet i Oslo, 1982). Mr. Lind is Partner at Wiersholm, an Oslo-based law firm. He also acts as External Legal Counsel to Seadrill Ltd.

Scott McReaken

Mr. Scott McReaken has been appointed Chief Executive Officer of Sevan Drilling ASA, effective as of November 15, 2013. He joined the Company from Seadrill where he has worked since July 2012 as the Director of Finance for the Americas Region. Most recently, Mr. McReaken has been responsible for supervising operations and financing for Sevan Drilling on behalf of Seadrill. He has been instrumental to the timely execution and implementations of the management service agreements. Prior to Seadrill, Mr. McReaken held various management positions in Vantage Drilling and Pride International in Houston, Texas and Luanda, Angola. He holds a Bachelor of Business Administration degree in Accounting from The University of Texas at Austin and is a Certified Public Accountant and Certified Internal Auditor.

Jon Wilmann

Mr. Jon Helge Wilmann has served as Chief Financial Officer (CFO) at Sevan Drilling ASA since May 1, 2011. He has previous experience from various positions in oil and finance. He served as Head of Offshore Oil and Gas Financing within GE Capital between 2002 and 2009, Senior Vice President of Offshore Oil and Gas Financing at ABB Financial Services from 1998 to 2002, and Deputy GM Corporate Division at DnB NOR in Oslo and Luxembourg between 1985 and 1998. Prior to assuming the position of CFO at the Company, he was Vice President of Drilling at Sevan Marine from 2009 until 2011. He holds a Master of Business Administration degree from the Norwegian School of Economics and Business Administration (Norges Handelshoyskolen, Bergen - NHH) from 1985.

Aasmund Erlandsen

Mr. Aasmund Erlandsen has been Chief Operating Officer of Sevan Drilling ASA since July 2013. He has held various operational and management positions throughout his career, and most recently he came from the position as Vice President of Operations Assurance in Transocean. Prior to that position, he spent close to six years as Managing Director for Transocean in Norway. His previous experience includes various positions within DNO and Statoil. Mr. Erlandsen has a Master of Management Degree from the Norwegian School of Management (Handelshoyskolen BI) and a Bachelor of Science Degree in Petroleum Engineering from University of Stavanger (Universitetet i Stavanger).

Gilberto Cardarelli

Mr. Gilberto G. Cardarelli has served as Vice President Operations, Brazil Country Manager at Sevan Drilling ASA since February 1, 2013. He has 28 years of experience from the offshore industry in various operational and commercial management positions with Transocean and Odebrecht, and three years of experience from the onshore drilling operations with Enterpa Drilling. He holds a Bachelor of Arts degree in Metallurgical Engineering from UMC University, a Master of Arts degree in Drilling Engineering from IPT and a Master of Business Administration degree in Oil Industry from COPPE-UFRJ.

Eileen Aspehaug

Ms. Eileen Aspehaug has served as Vice President of Human Resources (HR) at Sevan Drilling ASA since November 27, 2011. She holds a Bachelor of Arts degree in Economics from University College Cork, Ireland and in 2005 completed a Master of Management program in Human Recourse Management from Handelshoyskolen BI, Oslo. She has many years of HR experience from both Norske Skog and REC.

Pascal Busch

Mr. Pascal Busch has served as Vice President of Quality, Health, Safety and Environment (QHSE) at Sevan Drilling ASA since June 1, 2011. He has 29 years of experience in the shipping and offshore industries. He has held various operational and management positions throughout his career, including Offshore Installation Manager (OIM), and he previously worked for such companies as Pride International and Foramer. He holds a Nautical Science License from the Nautical College in Antwerpen (Hogere Zeevaartschool Antwerpen).

Bjorn Gustavsen

Mr. Bjorn Egil Gustavsen has served as Vice President Projects at Sevan Drilling ASA since May 1, 2011. He has been employed at the Company from 2004 and was Project Manager for the construction of Sevan Driller. He has experience from various positions within project engineering. He served as EI Manager at Remora Technology from 2002 until 2004, where he was also one of the Co-Founders, EI Manager at Hitec Marine for HiLoad Development Project between 2001 and 2002, and he held various positions within Scana Marine Electronics between 1991 and 2001. He holds a Bachelor of Science degree in Electronics from Agder University (Universitetet i Agder).

Birgitte Ringstad Vartdal

Ms. Birgitte Ringstad Vartdal has served as Member of the Board of Directors of Sevan Drilling ASA since July 23, 2013. She is Chief Financial Officer of Golden Ocean Group, and has been holding the position since 2010. Earlier in her carrier, Ms. Ringstad Vartdal served as Vice President (VP), Investments, in the Torvald Klaveness Group where she has also held several other positions, including VP Head of Commercial Controlling, Risk Manager and Financial Analyst. Before this she was Structuring Analyst in Hydro Energy. Ms. Ringstad Vartdal holds a Master of Science degree (Siv.Ing.) in Physics and Mathematics from Norges Teknisk-Naturvitenskapelige Universitet (the Norwegian University of Science and Technology - NTNU) and a Master of Science degree in Financial Mathematics from Heriot-Watt University, Scotland.

Ranghild Wiborg

Ms. Ranghild M. Wiborg has been Director of SEVAN DRILLING ASA since June 19, 2014. She has 27 years of experience from the financial markets and network both within the international and Nordic business communities. She is a board member of four Norwegian listed companies REC SIlicon, Borregarrd, EAM Solar and IM Skaugen, and board member of a privately held investment company Kistefos. Wiborg holds a Bachelor of Science in Economics from Stockholm School of Economics and Business Administration and Master studies focusing on macro economic growth from Fundacao Getulio Vargas in Sao Paulo, Brazil.

Per Wullf

Mr. Per Winther Wullf has served as Member of the Board of Directors of Sevan Drilling ASA since January 9, 2012. He is Member of the Company’s Remuneration Committee. He also serves as Chief Operating Officer of Seadrill Ltd. He has about 30 years of experience from the drilling industry. Mr. Wullf ’s experience includes 11 years of international offshore operations and 17 years of onshore operations.

Kristian Johansen

Mr. Kristian Kuvaas Johansen has served as Independent Member of the Board of Directors of Sevan Drilling ASA since January 9, 2012. He is Chairman of the Company’s Audit Committee. He serves as Chief Financial Officer of TGS NOPEC Geophysical ASA. Mr. Johansen has experience from various positions in the construction, banking and oil industries.

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