Investor
Board of Directors

John Andersen Jr., Chair of the board
Year of birth: 1967
Elected until: 2024
Education: Master of Business and Economics from BI Norwegian Business School.
Experience: Currently CEO of Scatec Innovation AS. Former Chief Operating Officer of the REC Group, where he held several top management positions during his 12 years with the company. Prior to REC, he worked in Borregaard Industrier.
Number of shares in Scatec ASA: 0¹
¹) Related parties control 14,132,339 shares through Scatec Innovation AS

Year of birth: 1965
Elected until: 2024
Education: Master of Petroleum Engineering from Norwegian University of Science and Technology and Master of Petroleums Economics from IFP School
Experience: Extensive experience from the international oil & gas industry, including 4 years as CEO of DEA AG (Hamburg) and ENGIE E&P International SA (Paris). She previously held executive positions in Norsk Hydro, Statoil (Equinor), Aker ASA and served as Deputy CEO and COO for newly merged Wintershall DEA until end of 2019.
Number of shares in Scatec ASA: 8,540 (incl. related parties)

Jørgen Kildahl, Board Member
Year of birth: 1963
Elected until: 2023
Education: MSc in Economics and MBA from the Norwegian School of Economics, and Advanced Management Program at Harvard Business School
Experience: Currently Senior Advisor in Energy Infrastructure Partners. Has extensive leadership experience from the energy sector, including 5 years as EVP in E.ON SE and 11 years in Statkraft AS, whereof 6 years as CEO of Statkraft Energi AS. Holds board positions in Ørsted AS, Telenor ASA and Alpiq AG.
Number of shares in Scatec ASA: 3,000

Gisele Marchand, Board member
Year of birth: 1958
Elected until: 2023
Education: Bachelor's degree in Business from Copenhagen Business School
Experience: Has worked as full time non-executive board member and advisor since 2018. She has extensive top management experience from positions in financial institutions like DNB ASA (VP in charge of corporate and retail banking), the Government Pension Fund (CEO), Eksportfinans ASA (CEO) as well as the law firm Haavind AS (CEO).
Number of shares in Scatec ASA: 3,586

Jan Skogseth, Board member
Year of birth: 1955
Elected until: 2024
Education: Master of Science Mechanical Engineering, South Dakota School of Mines & Technology.
Experience: Has more than 35 years of experience from the Oil, Gas and Renewable industries ranging from oil companies to supplier industries, both in Norway and internationally.
Number of shares in Scatec ASA: 23,000

Espen Gundersen, Board member
Year of birth: 1964
Elected until: 2024
Education: MBA from the Norwegian School of Management, Oslo and Certified Public Accountant from the Norwegian School of Economics (NHH).
Experience: Is currently a full time non-executive board member. Played a key role in the international growth and expansion of Tomra Systems in 1999 – 2022, where he had various positions, including CFO from 2003 and Deputy CEO from 2009. Previous experience includes positions in Selmer ASA and Arthur Andersen.
Number of shares in Scatec ASA: 10,000

Mette Krogsrud, Board ember
Year of birth: 1968
Elected until: 2024
Education: MSc from Norwegian School of Economics (NHH) and MSc in Organisational Change from Ashridge/Hult Business School, UK.
Experience: Currently Consultant in Spencer Stuart International. She has more than 25 years leadership experience from a broad range of roles across industries including former positions as Executive Vice President in Schibsted Group and Managing Director in Korn Ferry Norway.
Number of shares in Scatec ASA: 1,000
Committees
Scatec has established an Audit Committee and Remuneration Committee, both elected by the Board of Directors. The Company also has a Nomination Committee governed by the Articles of Association section 8 and elected by the General Meeting.
Audit Committee
The Company’s Audit Committee is governed by the Norwegian Public Limited Liability Companies Act and a separate instruction adopted by the Board of Directors. The members of the Audit Committee are appointed by and among the members of the Board of Directors. A majority of the members shall be independent of the Company’s Executive Management, and at least one member shall have qualifications within accounting or auditing. Board members who are also members of the Executive Management cannot be members of the Audit Committee. In 2021, the Committee’s mandate has been updated to reflect the new Norwegian Auditors’ Act. The principal tasks of the Audit Committee are to:
- Prepare the Board of Directors’ supervision of the Company’s financial reporting process
- Monitor the systems for internal control and risk management
- Continuous contact with the Company’s auditor regarding the audit of the annual accounts
- Review and monitor the independence of the Company’s auditor, including in particular the extent to which services than auditing provided by the auditor or the audit firm represent a threat to the independence of the auditor
The current Audit Committee is composed as follows:
- Gisele Marchand, Chairperson
- John Andersen Jr.
- Jørgen Kildahl
- Espen Gundersen
Organisation and Remuneration Committee
The Company’s Organisation and Remuneration Committee is governed by a separate instruction adopted by the Board of Directors. The instruction was updated in 2021. The members of the Organisation and Remuneration Committee are appointed by and among the members of the Board of Directors and shall be independent of the Company’s Executive Management. The principal tasks of the remuneration committee are to prepare:
- Guidelines for remuneration of Executive Management in accordance with the Norwegian Public Limited Liability Companies Act section 6-16 a
- Other matters relating to remuneration and other material employment issues in respect of the Executive Management
- Key performance indicators for organisation/ HR in cooperation with the CEO and the EVP People & Organisation, and based on these indicators review the performance on a regular basis.
The current Organisation and Remuneration Committee is composed as follows:
- John Andersen Jr., Chairperson
- Jan Skogseth
- Maria Moræus Hanssen
- Mette Krogsrud
Nomination Committee
Scatec has established a Nomination committee in accordance with the Articles of Association. The Nomination Committee is independent of the Board and management of the company, and its composition shall ensure the shareholder’s interests. The Instructions for the Nomination Committee are available here.
Members of the Nomination Committee are elected by the General Meeting for a period of two years. The General Meeting also elect the Chairman of the Nomination committee, and decide upon the committee’s compensation.
The current Nomination Committee is composed of Kristine Ryssdal (Chair), Svein Høgset, Mads Holm and Annie Golden Bersagel. Please see below for the profiles.
Kristine Ryssdal
Chair of the Nomination Committee
Phone: +47 95 02 83 20.
Kristine Ryssdal has since 2016 been EVP General Counsel in Yara International ASA. She has previously held leading positions in both Equinor ASA and REC ASA. Ryssdal has since 2018 been a member of Norges Bank’s Executive Board. Further, she has experience from the board of Borregaard ASA.
Svein Høgset
Member of the Nomination Committee
Phone: +47 404 82 770
Svein Høgset is the CEO and CIO of Incentive AS, an investment management firm based in Oslo and Stockholm. Prior to founding Incentive in 2014, Mr Høgset lived and worked within investment banking and investment management in London between 1998 and 2014. Prior employers include Morgan Stanley, Goldman Sachs, Montrica Investment Management and TPG-Axon. Mr Høgset holds a Master of Science in Business Administration from the Norwegian School of Economics (NHH) in Bergen, Norway.
Mads Holm
Member of the Nomination Committee
Mads Holm is currently Senior Vice President & Head of Finance in Equinor ASA, where he among other things is responsible for Equinor’s financial investments within the renewable industry. Holm is a Danish citizen. Prior to his current position, he held several other leading positions in the company. From 2003-2012 he was employed by Danske Markets. Holm holds a Master of Business and Accounting from Copenhagen Business School.
Annie Golden Bersagel
Member of the Nomination Committee
Annie Golden Bersagel is currently portfolio manager at Folketrygdfondet, responsible for sustainability. She has previous experience from KLP Asset Management’s department for responsible investments. Bersagel is an American citizen. She holds a law degree from Stanford Law School, and also an executive MBA in Finance from the Norwegian School of Economics.
Election of members to Scatec’s Board of Directors
In connection with the annual evaluation of the Board of Directors, shareholders may propose candidates to the Board of Directors to the Nomination Committee. Proposals can be submitted to the Chairman of the Nomination Committee.
ESG Committee
Scatec has established an ESG Committee consisting of representatives from the administration, and three Board members, elected for a period of two years, or until they resign their position as a member of the Committee. The purpose of the ESG Committee is to guide and support the Company’s work and commitment towards Environmental, Social and Governance matters.
Key responsibilities of the Committee include:
- Discuss and advise on the Company’s ESG strategy, policies and performance
- Review and monitor annual ESG targets and results
- Review and discuss key ESG strategic decisions and directions
- Discuss current and future ESG risks, regulations and trends relevant to the Company
The current ESG Committee is composed as follows:
- John Andersen Jr., Chairperson
- Gisele Marchand, Board Member
- Jørgen Kildahl, Board Member
- Espen Gundersen, Board Member
Proposal of candidates to the Board of Directors
Any shareholder is entitled to propose candidates to Scatec ASA’s Board of Directors and the Nomination Committee.
Proposals can be sent to the administration by sending an e-mail to siobhan.minnaar@scatec.com or the Chair of the Nomination Committee Kristine Ryssdal at kristine.ryssdal@yara.com.
When proposing candidates, please include the following information:
- Full name of the proposed candidate
- Contact details of the candidate (if available)
- Qualification of the candidate
- The number of shares held in Scatec ASA by the individual submitting the proposal.
The Nomination Committee will review and assess the candidate and thereafter decide if the candidate is to be proposed elected by the general meeting of Scatec ASA.
Proposals must be submitted within 15 January 2023 to be considered for the upcoming election of member to the board of directors at the annual general meeting on 18 April 2023.