Changes to the Management

Christian Mowinckel has resigned from the position as CEO of Master Marine AS with immediate effect. As a result he has also resigned from the Board of Master Marine AS’ 100% owned subsidiary Jacktel AS with immediate effect. Bjørn Henriksen will replace Mr. Mowinckel as interim CEO of Master Marine AS.

Christian Mowinckel has served as CEO of Master Marine AS since 2011 and has successfully guided the company through a challenging period.

Bjørn Henriksen, Chairman of the Board, commented: “We would like to express our gratitude towards Christian’s commitment and significant efforts over the past years. His contributions have been essential in getting the company to where it is today. We wish him good luck with his new challenges.”