Sevan Marine ASA announced that all current shareholder elected members of the board except for Ingvild Sæther have accepted to be available for re-election at its AGM to be held on May 24, 2018. To replace Ms. Sæther, the company's shareholder Teekay Service Holding, has proposed Astrid Jørgenvåg, current VP Technical and Projects in Teekay Offshore Production. Another group of shareholders has proposed an alternative board, in which Øverland, Baker and Sanness are re-elected, and Jørgenvåg is elected new director together with two additional new board members: Bjørn Sund and Hilde Ådland. The Nomination Committee recommends that those members of the board elected at the forthcoming AGM, are elected for a period until the AGM in 2019.