Polarcus Appoints New Board Director

The Annual General Meeting in Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) held on 29 April 2020 elected Mrs. Nina Tronstad as a board member of the Company, with a term of office expiring at the Company’s 2021 annual general meeting at which Mrs. Tronstad will be eligible for re-election.

Mrs. Tronstad has held a series of successful senior executive roles in the oil and gas sector with Kvaerner, Aker Solutions and Equinor. She is a chemical engineer by profession. Mrs. Tronstad also sits on the board of directors of other entities including Norges Bank, GIEK and Prosafe.

Following the AGM, the board of directors of Polarcus comprises the following members: Mr. Mike Mannering (Chairman), Mrs. Karen El-Tawil, Mr. Erik Mathiesen, Mr. Monish Sahni, Mrs. Nina Tronstad and Mr. Peter Zickerman. Short biographies on each director can be found on the Company’s website: www.polarcus.com/investors/governance/board-of-directors/



Caleb Raywood, Company Secretary
+971 4 4360 816


About Polarcus

Polarcus (OSE: PLCS) is a focused geophysical service provider of safe and environmentally responsible marine acquisition services globally. Our geophysical offering is driven by innovation and collaboration to provide clients with better seismic data faster. Polarcus operates a fleet of high performance seismic vessels with 3D and 4D imaging capabilities, which incorporate leading-edge technologies for improved environmental performance and operational efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced priority processing solutions including Cirrus, a suite of cloud-based applications and services designed to bring clients closer to acquired seismic data, enabling faster and better informed exploration decisions. The Company services its clients globally from its head office in Dubai and regional offices located in Houston, London, Singapore and delivers Group asset management services from Oslo. For more information, visit www.polarcus.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.