The Board of Directors
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Nils Kristian Sundling - Chairman

Nils Sundling, board member Nils Sundling has a background from the bank and financial sector in Norway. He has had a multitude of leading position in banks and financial institutions. Sundling was, at the turn of the millennium, responsible for setting up the first internet bank in Norway, NOR 24. He has been CEO in the British consultancy company C3, which was involved in the establishment of several internet banks in Norway. For the last 15 years, Nils Sundling has been an investor and founder, and has amongst other things, headed the BPO company Runway, and is the founder of the dentist chain “Tannfeen”. He has been a board member of Webhelp Nordic, Scandinavian House, Runway and Tannfeen Norge, and is presently board member of Norwegian Block Exchange and Ideco Group.
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Anne Helene Kjos-Mathisen - Member

Anna Helene Kjos-Mathisen represents the second largest owner of NBX through Nye KM Aviatrix Invest AS, and through personal ownership. She is the managing director of Airwing AS, a Norwegian-based private aviation company. Anna has 12 years of experience in commercial aviation, both as a former pilot and as responsible for the recruitment of crew at Norwegian.
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Bjørn Kjos - Member

Founder of Norwegian Air Shuttle and CEO from 2002 until 2019 in which period the airline grew from a few airplanes to become Europe’s third and the world's fifth largest low-cost carrier operating around 170 aircrafts. Bjørn Kjos is also co-founder of Bank Norwegian which purpose was to facilitate the airlines loyalty program, the bank is currently worth about 1.8 billion USD. Before becoming the CEO of Norwegian Air Shuttle Bjørn Kjos worked as a lawyer admitted to the Supreme Court of Norway.
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Jens Glasø - Member

‍CEO and Founder of SPENN Technology A/S. Jens is an award winning entrepreneur and founder of several companies with a background as a stock broker, trader and financial advisor for wealthy individuals and former executive vice president for Optimum ASA. Founded TrustBuddy in 2009. Jens is a member of the Executive Board of The European Crowdfunding Network AISBL(ECN), a professional network promoting adequate transparency, regulation and governance.
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Sturle Skulevold - Member

Sturle has extensive commercial and operational experience from the financial, consulting and aviation industry, work ranging from building SME companies to scaling worldwide operations. He has been part of the Norwegian group since 2016 before joining NBX. Sturle holds a MSc in Finance from EDHEC Business School, HEC Lausanne and BI Norwegian Business School.
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Vahid Toosi - Member

Vahid Toosi is a serial entrepreneur with experience in retail and product development. He has started several companies in the blockchain sector and therefore has first-hand knowledge and understanding of the industry and its potential for society.
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Management

Stig A. Kjos-Mathisen - CEO
Stig is an ex-military serving 12 years in the Norwegian Special Forces and the Intelligence Service. Gaining experience ranging from tactical to strategic operational planning and execution and leadership from team to squadron level. Before co-founding NBX Stig was head of the manpower resource planning department for Norwegian Air Shuttle. Stig also holds a Master of Science in Finance from BI Norwegian Business School and HEC Lausanne. Stig is a board member at the Norwegian Computer Society Group for Blockchain.

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‍Trond Pettersen – Chief Risk and Compliance Officer
Trond has more than 20 years of experience from the finance industry where he started out as a software developer. He has extensive experience with internal control, risk management and compliance from holding positions like Quality and security manager for VPS and later Chief Compliance Officer for Euronext Securities Oslo. Trond holds a master’s degree in Industrial economics and computer science from NTNU.

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‍Sturle Skulevold - COO
Sturle has extensive commercial and operational experience from the financial, consulting and aviation industry, work ranging from building SME companies to scaling worldwide operations. He has been part of the Norwegian group since 2016 before joining NBX. Sturle holds a MSc in Finance from EDHEC Business School, HEC Lausanne and BI Norwegian Business School.

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Alex Karpov - CTO
‍Alex is a highly skilled software engineer and technology leader with over 15 years of experience in various industries. Before joining NBX, he held positions at Bisnode, Real Audience, and SoftServe, where he led technical teams and implemented projects in digital advertising, data analytics, and healthcare. Also, he holds a Master's degree in Control Automation Systems from Dnipro National University.

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‍Inna Romanenko - Chief AML Officer
Inna has deep knowledge and experience within the AML field. She has worked in a large commercial bank in Latvia, called Rietumu Bank, serving corporate clients and wealthy individuals. She also has MSc in Finance and CAMS certification, which is recognized as the gold standard in AML by institutions, governments and regulators worldwide.

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ARTICLES OF ASSOCIATION OF NORWEGIAN BLOCK EXCHANGE AS
(Adopted at the Extraordinary General Meeting on 5 May 2021)

§ 1- Company name
The company's name is Norwegian Block Exchange AS.

§2 - Business office
The company's business office is in Bærum municipality.

§3 - Business
The company's business is investment, development and dissemination of payment solutions and systems,
including for financial instruments.

§4 - Shareshare
capital Thecapital is NOK 51,917,348.80 divided into 64,896,686 shares, each with a nominal value of NOK 0.80.
The company's shares are registered in Verdipapirsentralen ASA (VPS).

§5 - Board
The company shall have a board from three to seven members, according to the general meeting's further decision.

§6 - Signature and power of attorney
The company may be signed by the board jointly. The board can issue a power of attorney.

§7 - General meeting
At the annual general meeting, the following issues shall be considered and decided:
• Approval of the annual accounts and the annual report, including the distribution of dividends.
• Other matters which according to the law or the articles of association belong to the general meeting.

§ 8 - Free trading of shares
The shares in the company are freely negotiable, including no pre-emptive right or board consent
under the Companies Act or other trading restrictions in the event of a change of ownership of shares.

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