Ola Lorentzon

Chairman of the Board

Ola Lorentzon has been a director of the Company since its incorporation on September 18, 1996, Chairman since May 26, 2000 and Chief Executive Officer from May 2010 to March 2015. He is also a director of Frontline Ltd, Flex LNG Ltd, Erik Thun AB and Laurin Shipping AB. Mr. Lorentzon was the Managing Director of Frontline Management AS, a subsidiary of Frontline, from April 2000 until September 2003.

John Fredriksen

Director of the Board

John Fredriksen became a director of the Combined Company at the time of completion of the Merger between Golden Ocean and Knightsbridge. Mr. Fredriksen is Chairman, President, Chief Executive Officer and a director of Frontline Ltd., a Bermuda company listed on the NYSE and the Oslo Stock Exchange. Mr. Fredriksen has served as Chairman of the Board, President and a director of Seadrill Limited since 2005. Mr. Fredriksen has established trusts for the benefit of his immediate family which indirectly control Hemen Holding Ltd.

Kate Blankenship

Director of the Board

Kate Blankenship became a director of the Combined Company at the time of completion of the Merger between Golden Ocean and Knightsbridge. Mrs. Blankenship also serves as a director of Frontline Ltd, Seadrill Limited, Ship Finance, Golar, Golar LNG Partners LP Archer Limited, NADL, Avance Gas and Independent Tankers Corporation Limited. She has also served as Chief Accounting Officer and Secretary of Frontline. She is a member of the Institute of Chartered Accountants of England and Wales.

Gert Jan van der Akker

Director of the Board

Gert-Jan van der Akker has been a Director since April 2015. Mr. van den Akker is President and Chief Executive Officer at Cargill International SA Geneva, Switzerland. In 2013 and 2014, he was the Senior Head of Region at Louis Dreyfus Commodities. Prior to joining Louis Dreyfus Commodities, Mr. van den Akker had 27 years of experience at Cargill where his last position was a platform leader for the global energy, transportation and metals platform.