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Telenor ASA (TELNY.PK)

TELNY.PK on OTC Markets Group

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Summary

Name Age Since Current Position

Gunn Waersted

61 2016 Chair of the Board

Sigve Brekke

56 2015 President, Chief Executive Officer

Jorgen Arentz Rostrup

51 2016 Chief Financial Officer, Executive Vice President

Petter-Borre Furberg

2016 Interim Chief Executive Officer of Grameenphone

Lars Tellmann

44 2016 Chief Executive Officer of Telenor Myanmar

Jon Haug

2012 Chief People Officer, Executive Vice President

Ruza Sabanovic

2015 Executive Vice President, Chief Technology Officer

Wenche Agerup

53 2015 Executive Vice President, Chief Corporate Affairs Officer

Michael Foley

2016 Executive Vice President, Chief Executive Officer of Telenor Bulgaria

Jon Gravrak

2015 Executive Vice President, Chief Digital Officer

Jesper Hansen

2015 Executive Vice President, Chief Executive Officer of Telenor Denmark

Patrik Hofbauer

2015 Executive Vice President, Chief Executive Officer of Telenor Sweden

Irfan Khan

2016 Executive Vice President, Chief Executive Officer of Telenor Pakistan

Sharad Mehrotra

2015 Executive Vice President, Chief Executive Officer Telenor India

Albern Murty

43 2015 Executive Vice President, Chief Executive Officer of Digi, Malaysia

Lars-Ake Norling

46 2015 Executive Vice President, Chief Executive Officer of dtac, Thailand

Ingeborg Ofsthus

49 2016 Executive Vice President and Chief Executive Officer of Telenor Montenegro and Serbia

Alexandra Reich

54 2016 Executive Vice President, Chief Executive Officer of Telenor Hungary

Berit Svendsen

54 2011 Executive Vice President, Chief Executive Officer of Telenor Norway

Gunnar Sellaeg

44 2016 Interim Group Chief Marketing Officer

Morten Sorby

57 2016 Chief Transformation Officer

Regi Aalstad

52 2015 Director

Jacob Aqraou

44 2016 Director

Sally Davis

63 2011 Director

Siri Hatlen

59 2016 Director

Dag Opedal

57 2011 Director

Jon Reinhardsen

60 2014 Director

Per Salomonsen

2015 Director, Employee Representative

Ase Selfjord

2015 Director, Employee Representative

Harald Stavn

2000 Director, Employee Representative

Ashok Vaswani

56 2016 Director

Marianne Moe

Head of Investor Relations

Biographies

Name Description

Gunn Waersted

Ms. Gunn Waersted has been Chair of the Board at TELENOR ASA since January 14, 2016. She most recently served as Executive Vice President and member of the Group Executive Management in Nordea Bank and Country Senior Executive in Nordea Bank Norway (until 2016). During her career, she has held a number of senior executive positions within banking and insurance, among these are positions as CEO of SpareBank 1 Gruppen and the SpareBank 1 Alliansen, Group Executive Vice President of DNB and CEO of Vital Forsikring. She is Chair of the Board of Petoro and has previously been a board member of Statoil, Statkraft and Ferd Holding. She holds Master in Business and Economics (sivilokonom) from BI Norwegian Business School.

Sigve Brekke

Mr. Sigve Brekke has been appointed President and Chief Executive Officer at Telenor ASA, effective as of August 17, 2015. He no longer serves as Executive Vice President and Head of Asia region within the Company, effective as of August 16, 2015. He has held this position since September 1, 2008. He joined Telenor in 1998 as Advisor and then Telenor Singapore office in 1999 as Manager Business Development and later Managing Director. Mr. Brekke served as co-Chief Executive Officer of dtac from 2002 to 2005, and Chief Executive Officer in dtac from 2005 to 2008. Prior to joining Telenor, Mr. Brekke served as the Deputy Minister (State Secretary) of Defense in Norway in 1993, and also held the position of Associate at the Center for Science and International Affairs, at Harvard University in the United States. He holds a Master of Public Administration degree from John F. Kennedy School of Government, Harvard University.

Jorgen Arentz Rostrup

Mr. Jorgen C. Arentz Rostrup has been appointed Executive Vice President and Chief Financial Officer of Telenor ASA effective as of November 1, 2016. He has more than 20 years of business experience in an international context. His current position as President of Yara North America, Inc. follows a broad range of management positions in two of Norway's leading companies, including Country Manager for Yara Ghana Ltd., CFO in Norsk Hydro AS, Executive Vice President Energy in Hydro and CFO for Hydro's Norwegian oil and gas activity. He has also been on several boards, including positions within the private equity and investment banking area. He holds a Master's Degree in Economics and Business Administration from the Norwegian School of Economics (NHH).

Petter-Borre Furberg

Mr. Petter-Borre Furberg has been appointed Executive Vice President and Head of Emerging Asia Cluster, Interim Chief Executive Officer of Grameenphone at Telenor ASA, effective as of March 1, 2017. He has previously been Interim Chief Executive Officer of Grameenphone within Telenor ASA since November 1, 2016. He no longer serves as Executive Vice President and Chief Executive Officer of Telenor Myanmar at TELENOR ASA effective as of August 1, 2016. He has held this position since October 12, 2015. Since joining Telenor 14 years ago, Mr. Furberg has held a number of senior management positions within the company, including dtac’s CFO and Chief Marketing Officer, where he oversaw product development, sales and marketing. He also previously served as Senior Vice President, Head of Financial Services at Telenor Group. Prior to joining Telenor he held senior positions with the Norwegian Parliament and Norwegian Ministry of Finance.

Lars Tellmann

Mr. Lars Erik Tellmann no longer serves as Chief Executive Officer of Telenor Myanmar within TELENOR ASA effective as of March 1, 2017. He has held the position since August 1, 2016. Mr. Tellmann has been CFO at Telenor Myanmar since July 2013. Prior to this he was Senior Vice President and Head of Strategic Development in Telenor Asia. Tellmann has also served as Director and Board Member in a number of Telenor's publicly listed mobile companies in the region. He joined Telenor in 2001, and has served Telenor Group in South-East Asia for over eight years. Tellmann holds a Master of Science in Business (M.Sc.) from University of Nordland (UIN) and a Master in Business Administration (MBA) from Heriot-Watt University.

Jon Haug

Mr. Jon Erik Haug has been appointed Executive Vice President and Head of People at Telenor ASA, effective as of March 1, 2017. He has previously been Executive Vice President and Chief People Officer since November 1, 2012. He first joined Telenor in 1997, and has held a number of positions in both Norway and Sweden. He served as Chief Executive Officer of Telenor Denmark since 2010, Chief Marketing Officer in Telenor Sweden, as well as Head of the Climate Change program in Telenor Group and Director of the mobile consumer market for Telenor Norway. He holds Master of Business Administration degree from IMD (International Institute for Management Development) in Lausanne and a Master of General Business from the Norwegian Business School, BI.

Ruza Sabanovic

Ms. Ruza Sabanovic has been Executive Vice President and Head of Services and Operations at Telenor ASA effective as of March 1, 2017. She has previously been Executive Vice President and Chief Technology Officer at TELENOR ASA since October 12, 2015. Ruza Sabanovic joined the green field operations in Telenor Montenegro in 1996. Since 2014 she was SVP Technology and Industrialized projects, part of the Group Industrialized Development team. She has previously served as Chief Operating Officer in Telenor India and was also heading Group network function and Group CTO forum. From 1994-2008 Ruza served as the assistant professor at the Civil Engineering Faculty University of Montenegro. She holds Master of Civil Engineering, Technology from University Belgrade, Serbia.

Wenche Agerup

Ms. Wenche Marie Agerup has been appointed Executive Vice President and Head of Corporate Affairs at TELENOR ASA effective as of March 1, 2017. She has previously been Executive Vice President and Chief Corporate Affairs Officer since November 11, 2015. Chief Corporate Affairs Officer Agerup was previously Executive Vice President, Corporate Staffs at Hydro. She was responsible for Legal Services, Corporate Social Responsibility (CSR), Human Resources and Organizational Development (HR), Health, Safety and Environment (HSE) and the Company Secretary. She worked in Hydro from 1997 until January 2015, and held several positions including plant manager in Ardal, Norway, and head of Mergers and Acquisitions (M&A). She has also headed Hydro’s bauxite exploration activities in Western Australia. She holds Law degree from the University of Oslo and MBA from Babson College in Boston, the United States.

Michael Foley

Mr. Michael Foley no longer serves as Executive Vice President, Chief Executive Officer of Telenor Bulgaria at Telenor ASA effective as of March 1, 2017. He has held the position since August 1, 2016. He no longer serves as Executive Vice President and Chief Executive Officer of Telenor Pakistan at the Company effective as of August 1, 2016. He has held this position since October 12, 2015. Michael Foley has more than 30 years of sales, marketing and operational experience in the telecom, retail and gaming sectors from both advanced and growth markets. Kenya, Ghana, Nigeria, Tunisia, Bulgaria and Romania figure among the dozen markets where he has held commercial or business leadership roles in telecoms. Michael Foley is a Graduate of McGill University in Montreal with BA in Organizational Psychology.

Jon Gravrak

Mr. Jon Gravrak has been appointed Executive Vice President and Head of Digital Businesses at Telenor ASA effective as of March 1, 2017. He has previously been Executive Vice President and Chief Digital Officer at TELENOR ASA since December 1, 2015. Jon Gravrak came from the position as Partner in McKinsey & Company where he has been for 13 years. Gravrak has had multiple leadership positions in McKinsey’s Telecom, Media & Tech practice, in the Marketing & Sales practice as well as in the Oslo office. He has primarily worked with companies within the telecom, high-tech and private equity sectors, but also served clients in media, e-commerce, retail and financial services. During his time in McKinsey, Gravrak has worked with strategy and business improvements in more than 30 countries across Europe, Asia, Middle East, North America and Latin America. He holds Master of Science in business and administration (Siv.Ok) from the Norwegian School of Management (BI) and City University London.

Jesper Hansen

Mr. Jesper Hansen no longer serves as Executive Vice President and Chief Executive Officer of Telenor Denmark at TELENOR ASA effective as of March 1, 2017. He has held the position since November 19, 2015. Before that, he has been Executive Vice President and Acting Chief Executive Officer of Telenor Denmark since October 12, 2015. Hansen has been a part of Telenor Denmark’s management team since 2000. Before becoming CEO he served as Chief Customer Officer (2013-2015) and Chief Marketing Officer, Business (2009-2013). He started in Telenor Denmark as Chief Operating Officer of the internet service provider Cybercity. Before joining Telenor, Hansen worked as Manager at TDC Internet. He holds Bachelor of Science in Economics from Aarhus School of Business and Social Sciences, Denmark.

Patrik Hofbauer

Mr. Patrik Eduard Hofbauer no longer serves as Executive Vice President and Chief Executive Officer of Telenor Sweden at TELENOR ASA effective as of March 1, 2017. He has held the position since October 12, 2015. Patrik Hofbauer started working at Telenor in 2011, as CEO of Canal Digital AS. He then took on the additional role as the CEO of Telenor Broadcast Holding. Hofbauer was previously the CEO of the Nordic region’s largest outdoor advertising company, Clear Channel. In addition, he has served as CEO for NEC Scandinavia, CEO for AddressPoint AB and CEO of Canal Digital Sweden (2005-2008). Patrik holds a DIHM Marketing Economy Diploma and Master from IHM, Business School in Sweden (1995-2000), and also a specialization within Marketing & Strategy from London Business School from 2008.

Irfan Khan

Mr. Irfan Wahab Khan no longer serves as Executive Vice President, Chief Executive Officer of Telenor Pakistan at Telenor ASA effective as of March 1, 2017. He has held the position since August 1, 2016. He comes from the position of Deputy CEO and Chief Marketing Officer of Telenor Pakistan. Mr. Khan has been with Telenor for 12 years and was the first employee in Telenor Pakistan when he started as Executive Vice President and Head of Corporate Affairs Division in 2004. Since then he has served in various positions within Telenor Group both in Asia and Europe, including Vice President Devices and Vice President and Head of Asia Distribution.

Sharad Mehrotra

Mr. Sharad Mehrotra no longer serves as Executive Vice President and Chief Executive Officer Telenor India at TELENOR ASA effective as of March 1, 2017. He has held the position since November 1, 2015. Sharad Mehrotra came from the position of Chief Marketing Officer of Telenor Myanmar. In this capacity he was responsible for sales, marketing, distribution, branding and customer centricity. Sharad has extensive senior management experience from telecoms operations and infrastructure industries. Before joining Telenor Myanmar, Sharad served as Head of Telenor Group’s Asia Distribution program driving regional synergies and scale, as well as having played a key role in establishing Uninor, Telenor’s subsidiary in India.

Albern Murty

Mr. Albern Murty no longer serves as Executive Vice President and Chief Executive Officer of Digi, Malaysia at TELENOR ASA effective as of March 1, 2017. He has held the position since October 12, 2015. Albern Murty has spent the last 13 years in a variety of senior executive roles in Digi. In January 2014, Albern became the company’s COO after serving as Chief Marketing Officer for a number of years. Before Digi, his previous experience includes business and commercial management roles in Lucent Technologies across the Asian region. Albern holds a Bachelor of Science in Marketing and Bachelor of Science in Advertising Management from Portland State University, Oregon, USA.

Lars-Ake Norling

Mr. Lars-Ake Valdemar Norling has been appointed Executive Vice President and Head of Mature Asia Cluster, Chief Executive Officer of dtac, Thailand at Telenor ASA effective as of March 1, 2017. He has previously been Executive Vice President and Chief Executive Officer of dtac, Thailand at TELENOR ASA since October 12, 2015. Norling joined Bredbandsbolaget (Sweden) in 1999, where he held various senior positions. In 2006 Norling was appointed Head of Telenor Sweden’s fixed network and a year later he took on the position as CTO of Telenor Sweden. From 2009-2014, he served as CEO of Telenor Sweden, and most recently he served as CEO of Digi before joining dtac. He holds MBA from the School of Business, Gothenburg, Master of Science degree in Engineering Physics, Uppsala University, and Master of Science in Systems Engineering from the United States.

Ingeborg Ofsthus

Ms. Ingeborg Ofsthus no longer serves as Executive Vice President and Chief Executive Officer of Telenor Montenegro and Serbia at TELENOR ASA effective as of March 1, 2017. She has held the position since March 1, 2016. She joined Telenor Group in 1998. She has been Chief Technology Officer (CTO) of Telenor Serbia since September 2012, and since February 2013, also CTO of Telenor Montenegro. Previously, she has held management positions in Telenor's operations in Thailand and Norway, as well as various positions in Telenor Group. She holds a Master of Science from the Norwegian University of Science and Technology (NTNU).

Alexandra Reich

Mrs. Alexandra Reich has been appointed Executive Vice President and Head of Central & Eastern Europe Cluster, Chief Executive Officer of Telenor Hungary at Telenor ASA effective as of March 1, 2017. She has previously been Executive Vice President and Chief Executive Officer of Telenor Hungary at Telenor ASA since November 1, 2016. She has served as EVP and Head of Mobile Business for Swisscom Enterprise since 2014, after joining the Swiss company in 2009. Having initially started her career in investment banking, Reich became a pioneer in the online business with her first own digital business start-up in 1986. In 2001, Reich joined the telecommunications industry, holding roles at VIAG Interkom, General Manager of T-Online Austria, Chief Operating Officer (COO) at 3G Hutchison Austria and COO for private customers at Sunrise in Zurich. Reich holds a Business Management Degree from Vienna University of Economics and Business Administration in Austria.

Berit Svendsen

Ms. Berit Svendsen has been appointed Executive Vice President and Head of Scandinavian Cluster, Chief Executive Officer of Telenor Norway at Telenor ASA effective as of March 1, 2017. She has previously been Executive Vice President and Chief Executive Officer of Telenor Norway at Telenor ASA since September 14, 2011. She was Executive Vice President and Chief Technology Officer of the Company from 2000 to 2005. She joined Telenor in 1988 as Research Scientist. From 2000 to 2005 she was working Chair of Telenor R&D. In January 2005, she took up the position as Vice President and Head of Telenor Nordic Fixed with overall responsibility for the fixed network business in Norway. From 2002 to 2007, she was Member of the European Commission / IST Advisory Group. She joined Conax as Chief Executive Officer in May 2008. She is Member of the Board of DNB and Bisnode. Ms. Svendsen holds a Master of Science in Electronics from the Norwegian University of Science and Technology (Norges Teknisk-Naturvitenskapelige Universitet - NTNU - 1988) and a Master of Technology Management from the Norwegian University of Science and Technology (Norges Teknisk-Naturvitenskapelige Universitet - NTNU) and the Massachusetts Institute of Technology (1995).

Gunnar Sellaeg

Mr. Gunnar Sellaeg no longer serves as Interim Group Chief Marketing Officer at Telenor ASA effective as of March 1, 2017. He has held the position since December 23, 2016. He was Senior Vice President and Chief Product & Innovation Officer for Telenor Group.

Morten Sorby

Mr. Morten Karlsen Sorby has been appointed Executive Vice President and Head of Transformation at Telenor ASA effective as of March 1, 2017. He has previously been Chief Transformation Officer of Telenor ASA since November 1, 2016. He no longer serves as Executive Vice President at the Company effective as of November 1, 2016. He has held this position since October 12, 2015. He no longer serves as Acting Chief Financial Officer of the Company effective as of November 1, 2016. He has held this position since November 12, 2015. He has been responsible for Telenor’s ownership in VimpelCom & selected strategic projects since October 12, 2015. Before that, he has been Executive Vice President and Head of Asia region at Telenor ASA since June 1, 2015. He was Executive Vice President and Head of Corporate Strategy and Regulatory Affairs of the Company from September 14, 2011 until June 1, 2015. He was Executive Vice President and Head of Corporate Development in the Company from April 17, 2009. He has been Executive Vice President of the Company since January 2003. He was Head of Telenor's Norwegian and Nordic Mobile and Fixed Network Operations between January 2005 and April 17, 2009. He joined Telenor in 1993. In 2014, Sorby was CEO of Uninor, Telenor's wholly owned operations in India. He previously worked at Arthur Andersen & Co in Oslo. Mr. Sorby holds a Master of Science in Business Administration from the University of Karlstad. He has also completed additional education from IMD in Switzerland and is a state-authorized public accountant in Norway.

Regi Aalstad

Ms. Regi Aalstad has served as Member of the Board of Directors of Telenor ASA since May 20, 2015. She is Member of the Ethics and Sustainability Committee. She has held several General Manager and Vice President positions for Procter & Gamble in Asia, Europe, Middle East and Africa. Ms. Aalstad has over 25 years of international experience in fast moving consumer goods with P&G and has lead local and regional business based in Sweden, Egypt, Switzerland and Singapore. Aalstad was a member of Procter & Gamble’s Global Business Leadership Council since 2005 and served as Vice President of Baby Care until 2014. She is on the boards of directors of Geberit Group and the NGO Drapen i Havet (A Drop in the Ocean). She holds Master of Business Administration from the University of Michigan.

Jacob Aqraou

Sally Davis

Ms. Sally M. Davis has served as Member of the Board of Directors of Telenor ASA since November 23, 2011. She is also Chair of the Governance and Remuneration Committee of the Company. She has held a number of executive positions at British Telecom Group since 1999, including President of BT Global Services and Chief Executive of BT Wholesale Division. She has also held managing roles at Bell Atlantic and Mercury Communications. She is on the Boards of Logitech, Switzerland and Cityfibre Holdings in the United Kingdom (UK). Her previous board positions include Henderson Smaller Cap Investment Trust, Inet, the UK Department for Transport and the BBC. She has worked in the global telecommunications industry for thirty years, working for start-up cable companies in the UK as well as strategy and global operational roles based in the United States and UK for Cable & Wireless, Verizon and BT. Most recently, she acted as Chief Executive Officer of BT Wholesale. She holds a Bachelor of Arts degree with Honors and is a Fellow of University College, London.

Siri Hatlen

Dag Opedal

Mr. Dag Jakob Opedal has served as Member of the Board of Directors of Telenor ASA since May 19, 2011. He is Chair of the Audit Committee of the Company and he has been Member of the VimpelCom ad hoc Committee. He is Executive Advisor to FSN Capital. He also holds board positions at Bertel O. Steen Holding, Nammo, Meltwater BV, Odin Forvaltning, Kavli Holding, Cosmetics Group and Norwegian Church Aid. He is former Chief Executive Officer and President of Orkla Group and has held other managing positions in Orkla, Ferd Capital, NorgesGruppen, Stabburet AS, Dyno Industrier and Nora Industrier AS. He graduated in Business Economics from the Norwegian School of Economics and Business Administration (Norges Handelshoyskole, Bergen - NHH) and holds a Master of Business Administration degree from INSEAD, Fontainebleau, France.

Jon Reinhardsen

Mr. Jon Erik Reinhardsen has been Member of the Board of Directors of Telenor ASA since May 14, 2014. He is Member of the Company's Audit Committee. He previously was Member of the Ethics and Sustainability Committee. He is CEO of Petroleum Geo-Services (PGS), a position he has held since April 2008. Prior to joining PGS, he has held executive positions in Alcoa, Aker Kvaerner and Aker Maritime. He is Member of the Board of Directors of Awilhelmsen Management AS and Borregaard ASA. He served on the Board of Cameron International Corp (2009-2016), Hoegh Autoliners AS (2006-2014) and Hoegh LNG Holdings Ltd (2006-2014). He obtained a Master’s degree in Applied Mathematics and Geophysics from the University of Bergen, Norway. In 1991 he completed the International Executive Program at the Institute for Management Development (IMD) Lausanne, Switzerland.

Per Salomonsen

Mr. Per Gunnar Salomonsen has served as Employee Representative on the Board of Directors of Telenor ASA since June 25, 2015. He is Member of the Ethics and Sustainability Committee. He previously was Employee Representative on the Company's Board from November 1, 2000 until August 23, 2007. Mr. Salomonsen began working for Telenor ASA in 1973. He has held various positions in Telenor, most recently as an operations engineer. From 1995 to 2000, he was a Board member of Telenor Nett. Mr. Salomonsen has been a Group Employee Representative for the Norwegian trade union EL & IT Forbundet since 2000. He is a qualified Engineer.

Ase Selfjord

Ms. Ase Selfjord has served as Employee Representative on the Board of Directors of Telenor ASA since June 25, 2015. She also serves as Member of the Company’s Governance and Remuneration Committee. She has worked in Telenor Real Estate since August 2009. Prior to joining the Company, she was employed in the Norwegian Post from 1985. In both positions she served as Real Estate Manager. She studied real estate management at Hogskolen in Oslo in 2001/2002. She also studied construction law at the University of Oslo in 1990. From 1985 to 1988 she worked in finance and administration in the Post's internal training program. She has been an employee representative on the board of Telenor Real Estate since January 2012, a position she still holds.

Harald Stavn

Mr. Harald Stavn has served as Employee Representative on the Board of Directors of Telenor ASA since June 20, 2000. He is Member of the Audit Committee of the Company. Mr. Stavn joined Telenor in 1974, and has held various positions. He is Member of the Board of Directors of Telenor Pensjonskasse (Pension Fund) and Chairman of the Executive Board of NITO (the Norwegian Society of Engineers) at Telenor. Mr. Stavn has a technical education from the internal education system of Norwegian Telecom and was also educated as a Business Economist at the Norwegian School of Management (Handelshoyskolen BI) in Oslo.

Ashok Vaswani

Marianne Moe