Polarcus Annual Report 2011

Page 17

Carl-Peter Zickerman

Kitty Hall

Carl-Peter (born 1972) holds valuable experience in the seismic industry, gained from his prior start-up ventures, Eastern Echo Ltd, and GeoBird Ltd. At present he is working in the capacity of Executive Vice President & Head of Strategic Investments at Polarcus.

Katherine (born 1956) has over 30 years experience within the geophysics industry and is currently President of ARKeX Ltd, where she is also a founding shareholder. Katherine was a Member of the Board of Eastern Echo Ltd.

Shareholding in Polarcus: 22,948,081 Warrants: 7,500,000 Part of the Executive Management team of the Company and representing Zickerman Group Ltd

Shareholding in Polarcus: 387,880 Independent of the Company and management and independent of major shareholders

Ali A. bin Towaih Al Suwaidi

Mohammad Rizal

Executive Director

Non-Executive Director

Ali A. bin Towaih Al Suwaidi has over 18 years experience within the oil and gas industry and is currently Vice President of Business Development, Strategy and Administration at Drydocks World - Dubai. Prior to this he has held several senior positions at major companies in the region operating within the oil and gas sector. Ali holds a degree in Electronics Engineering Technology from the Wentworth Institute of Technology in Boston.

Non-Executive Director

Non-Executive Director

Erik Henriksen

Non-Executive Director

Mohammad Rizal Bin Abdullah has over 32 years of experience in shipbuilding and ship repair and is currently Production Director at Drydocks World - Dubai. Mohammad has prior to this held several senior positions within the shipbuilding and ship repair sector.

Erik Henriksen holds considerable experience from the shipping and offshore industry. He has founded several companies both in UK and Norway including Trader Navigation and Discoverer ASA. He has also been involved in developing various companies, including Telecomputing ASA and Intelecom ASA. Mr Henriksen Mr Rizal resigned from the board of holds a diploma in International Shipdirectors as of 24 November 2011. ping from the London School of Foreign Trade. Mr Henriksen joined the board of directors as of 24 November 2011.

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