GOGL – Changes to the Board composition

Rhea-AI Summary

Golden Ocean Group Limited (GOGL) announced the resignation of Mr. Tor Svelland from its Board of Directors, effective May 2, 2022. Mr. Svelland has been a director since August 2020. The Board expressed gratitude for his contributions during his tenure and wished him well in future endeavors. This announcement adheres to the disclosure requirements under the Norwegian Securities Trading Act and the Continuing Obligations of Oslo Børs.

May 02, 2022 – Hamilton, Bermuda

Golden Ocean Group Limited Ltd (“GOGL” or “the Company”) announces that Mr. Tor Svelland has resigned as a Director of the Company.

Mr. Svelland has served as a Director since August 2020.

The Board would like to thank Mr. Svelland for his contribution and wishes him well in his future pursuits.

For further information, please contact:

Ulrik Uhrenfeldt Andersen, CEO of Golden Ocean Management AS
Telephone: +47 22 01 73 53

This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.

FAQ

What recent change occurred in Golden Ocean Group's Board of Directors?

Mr. Tor Svelland has resigned as a Director of Golden Ocean Group Limited (GOGL) as of May 2, 2022.

How long did Mr. Tor Svelland serve on the Board of Golden Ocean Group?

Mr. Tor Svelland served as a Director since August 2020.

What does the resignation of Mr. Svelland mean for Golden Ocean Group's management?

The Board expressed gratitude for Mr. Svelland's contributions, but no immediate impact on management was noted.