Management

Management of ADS Crude Carriers Plc is provided by Arendals Dampskibsselskab AS (“ADS”). All members of Management as described below are employed by ADS.

Terje Bodin Larsen

Terje Bodin Larsen

CEO

Terje Bodin Larsen is a law graduate from University of Oslo, and is admitted to the Norwegian Bar. He has held senior positions within the banking and marine insurance industries. He joined ADS in 2008 from the position as Managing Director of the Nordic operations of US based broker DeWitt Stern.

Email: tbl@ads.no, Mobile: +47 905 35 543

Ben Boiling

Ben Boiling

CFO

Ben Boiling is a Chartered Accountant (FCA) with over 15 years experience in finance and audit roles internationally, predominantly focusing on shipping, offshore and oil services. Mr Boiling is a member of the Institute of Chartered Accountants in England & Wales as well as a Norwegian state registered auditor.

Email: Ben.Boiling@ads.no, Mobile: +47 912 40 945

Harald Wennesland

Harald Wennesland

Marine Operations Manager

Harald Wennesland holds a Bachelor Degree in Business Administration from SNHU, USA. He has over 25 years experience in consulting, chartering/commercial and marine operation of various types of ships. He has previously held chartering manager/Chief Commercial Officer positions within offshore companies.

Email: harald.wennesland@ads.no, Mobile: +47 975 75 745