Ocean GeoLoop : Company Presentation May 2023

Ocean GeoLoop AS

Company Presentation

May 2023

The combined climate, environment and resource crisis is a major challenge and needs a holistic solution

Escalating emissions increase the		Man-made emissions causing		A growing world population requires an
global temperature, resulting in a		ecosystem collapse and loss of		increasing amount of sustainable, local
major climate crisis		biological diversity in the oceans		resources (energy, food, materials)

	Source: The Company	2

Ocean GeoLoop is established to commercialize green, disruptive technologies with a global reach

Our solutions are aimed at solving the greatest challenge of our time; a combined climate, environment and resource crisis

Based on more than 15 years of research & development together with international partners

CO2	Copying nature to bypass costly and polluting
	processes

Highly scalable solutions with significant, global potential

	Source: The Company	3

Management team

Chief Executive Officer - Odd Geir Lademo

• More than 25 years of experience in SINTEF and NTNU. Research Manager in Department of Materials and nanotech, SINTEF Industry. Adjunct Professor at NTNU. Member of core team of high-ranking research centers, SFISIMLab and SFI CASA
• Extensive national and international industry netw orks
• M.Sc. and Ph.D. fromDepartment of Structural Engineering, NTNU

Chief Operating Officer - Viggo Iversen

•

• Extensive renew able energy experience fromNVE, Enova SF and Proneo
• 10 years experience fromProneo w here he was responsible for the advisory business providing business development and innovation services to +40 companies annually
• Cand. Agric. fromthe Norw egian University of Life Sciences in Resource Economics

Chief Construction Officer - Jan Arne Berg

•

• Over 30 years experience fromoil & gas industries. Former General Manager / Vice president at Kvaerner in Verdal managing a product- and technology company
• Broad skillset in business development, sales & marketing, management and has an extensive netw ork
• B.Sc. in Mechanical Engineering from Trondheim College of Engineering

Chief Commercial Officer - Ove Lande

•

• 15 years experience in investment management and capital markets from Skeie Alpha Invest and Terra Securities
• Significant business experience as former consultant at BearingPoint
• M.Sc. in Financial Economics fromThe Norw egian School of Economics

Source: The Company

Chief Financial Officer - Maria Terese Hosen

•

• 18 years of experience fromauditing, accounting and operational operation from Pw C, Selvaag Bolig, Western Bulk and Mestergruppen
• Strong and versatile leadership skills, highest ethics, and broad experience in different industries, domestic and international
• M.Sc. in Economics, M.Sc. in Auditing and Accounting fromNHH
• Chief Project Officer - Lars Strøm
• More than 20 years experience fromchemical and process industries from Borregaard, Norske Skog, NorFraKalk and Aibel
• Leadership experience fromintl. process and product development
• Degree in Chemical and Process Engineering fromUniversity of Surrey and MBA from Griffith University, Australia

Chief Technology Officer - Carlos Delgado

•

• More than 20 years of international experience in the Oil & Gas Industry w ithin engineering, manufacturing, business development, and management.
• Experience w ith founding and managing a technology development start-up focused on reducing CO2 emissions.
• Electrical Engineering graduate.

Management with diverse and complementary

industry backgrounds

4

Board of Directors

Chairman - Anders Onarheim

• CEO BW LPG Ltd
• Chairman North Energy ASA
• Vice chairman Reach Subsea ASA
• Extensive experience fromCapital Markets as CEO of Carnegie and Executive Director Goldman Sachs in London

Board Member - Ole Jørstad

• CEO and ow ner of K4 Eiendomsutvikling AS
• Chairman of several companies in the SMB business in Middle Norw ay
• Member of Executive Committee in The Norw egian Olympic and Paralympic Committee and Confederation of Sports
• Member of Executive Committee in European Handball Federation

Board Member - Martha Kold Bakkevig

• Founder and managing partner of MKOLD AS and a non-executive director of the public listed companies, Hexagon Purus ASA, Reach Subsea ASA. Edda Wind ASA as w ell as CapeOmega AS and BW LPG Ltd
• Served tw o years as Chief Executive Officer of Steinsvik Group and ten years as Chief Executive Officer of DeepWell AS
• Extensive experience in strategy and business development, and a broad academic background w ith a doctor's degree in both technical and business strategical subjects

Source: The Company

Board Member - Maren Hjorth Bauer

• Active investor, board member and advisor in the blue economy through her private investment company Fynd, Played a key role in building a global ecosystemfor blue economy startups globally.
• Co-founderand former CEO of Katapult Ocean, Co-chair Seaw eed for Europe, part of a w orking group for the UN Ocean Decade and advisor to several venture funds
• Extensive experience fromMcKinsey, Wallenius Wilhelmsen and Orkla.

Board Member - Lars Sperre

• Senior Vice President Corporate Strategy of Norske Skog ASA
• Former interim President and Chief Executive Officer of Norske Skog ASA for a period of approximately one and a half years
• Previously part of Norske Skog Group's Legal Council and Vice President Legal
• Former associate law yer at Norw egian law FirmWikborg Rein

Board Member - Morten Platou

• Partner, law firmSchjødt
• MA, jurisprudence, University of Oslo, 2010
• LLM, Georgetow n University, DC, USA, 2012
• Specialist tax law and corporate law
• Extensive experience w ithin mergers & acquisition, restructuring, financial structures & incentives

5