Henrik A. Christensen nominated as new Chairman of Norske Skog

The Chairman of the board at Norske Skog, Jon-Aksel Torgersen (64), has informed the Election Committee that he is not a candidate for re-election as Chairman. The Election Committee of Norske Skog unanimously proposes that Henrik A. Christensen (54) be the new Chairman at Norske Skog at the Extraordinary General Meeting on 10 August 2016.

Henrik is a partner in the Norwegian law firm RO Sommernes, and he has an extensive experience from works in real estate law, bankruptcy and debt negotiation, acquisition / merger of businesses, securities and stock exchange law. He graduated with a master degree in law from University of Oslo in 1989. Christensen currently serves as Chairman of the Board of Directors of various companies such as Home Invest AS, Vålerenga Fotball AS, Pipeliner AS, Fearnley Advisors AS and various other companies. He is also a director of Storebrand Optimer ASA, AS Naturbetong, Stangeskovene AS, Home Capital AS, Nordic Choice Hospitality Group AS and various other companies.

- Henrik A. Christensen has an extensive board experience, both as Chairman and Director, from various business for a long period of time. With his leadership background, we believe he will be the right candidate to lead the company forward, and he will continue the improvement work at Norske Skog. We want to thank Jon-Aksel Torgersen for his extensive efforts to lead the Board's work over the very challenging past year, said Election Committee Chairman Olav Veum.

The other shareholder elected members Ms Mimi Berdal, Mr Eilif Due, Mr Nils Ingemund Hoff and Ms Joanne Owen asked for a confidence vote at the extraordinary general meeting on 10 August 2016. The Election Committee recommends that the current shareholder elected members of the board Ms Mimi Berdal, Mr Eilif Due, Mr Nils Ingemund Hoff and Ms Joanne Owen be re-elected.

If approved by the extraordinary general meeting, the new composition of the Board of Directors will be Mr Henrik August Christensen (Chair), Ms Mimi Berdal, Mr Eilif Due, Mr Nils Ingemund Hoff, Ms Joanne Owen, Mr Paul Kristiansen, Mr Svein Erik Veie and Ms Cecilie Jonassen.

The Election Committee's recommendation is available on www.norskeskog.com. For picture of Henrik A. Christensen, see twitter: @Norske_Skog

Norske Skog
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