15 Mar 2021

Golden Ocean Group Limited Ltd announces that Marius Hermansen has resigned as a Director of the Company. Mr. Hermansen has served as a Director since September 2019.

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

Larsen’s experience

The Board is pleased to announce that Mr. Bjørn Tore Larsen will replace Mr. Hermansen. Mr. Larsen is currently the Chairman of the OSM Maritime Group, a world-leading ship management company he founded in 1989.

Mr. Larsen is also the Chairman of ADS Maritime Holdings Plc a shipping investment company established in 2018 and listed on the Euronext Growth Oslo Stock Exchange. Mr. Larsen also chairs OSM Aviation, a service provider to the airline industry that launched in 2013.