In accordance with the decision at Concordia Maritime AB's Annual General Meeting on 26 April 2016 the Nominating Committee shall consist of three Board members. The three members shall represent the two shareholders as of 31 August 2016. In addition, the Chairman of the Board must be part of the Nomination Committee. In accordance with this, the following Board members have been appointed to serve on the Nomination Committee: Carl-Johan Hagman, Chairman of the Board; Arne Lööw, representative of Fjärde AP-fonden; and Martin Svalstedt, representative of Stena Sessan.