The Board

The members of the Board are as follows (number of shares/options as of 27 March 2007):

Svein Ramsay Goli (1940), Chairman

Svein Ramsay Goli has been a board member since February 1998 and chairman of the board since November 1998. Mr. Goli has a B.com degree from the Copenhagen Business School and has completed the Senior Executive Program at IMD in Lausanne, Switzerland. Mr Goli has extensive experience from the IT sector. He has been sales director of IBM Norway, and was responsible for building up Oracle’s Norway office. For a period he was also responsible for Oracle Nordic. He is also Chairman of the Board of Visma ASA. Mr. Goli resides in Sandefjord, Norway.

• Number of shares: 740.000
• Number of options: 0

Berit Aarvaag Stokke (1963)

Berit Aarvaag Stokke has been a member of the board since May 2005. She has a degree in business administration and has experience from ESSO, Jotun Polymèr and private investment companies.

• Number of shares: 0
• Number of options: 0

Alexander Paiusco (1973)

Alexander Paiusco has been a board member since April 2006. Mr. Paiusco has a Masters’ in business administration from University St. Gallen, Switzerland. He is presently Investment Manager at Laxey Partners, Isle of Man. Before joining Laxey Partners, Mr. Paiusco was an investment banker with Rothschild and WestLB, advising companies in the technology sector.

• Number of shares: 0
• Number of options: 0

Liv Marit Lundby (1974)

Liv Marit Lundby has been a board member since January 2008. Lundy holds a Masters degree in economics and business administration from the Norwegian School of Economics and Business Administration and is cand. jur. from the University of Oslo. She is presently an associate lawyer in the law firm BA-HR. In her early career she was a financial analyst at Handelsbanken Capital Markets with coverage on software and services companies before joining the software company Visma ASA as Vice President, Investor Relations & Strategic Investments. Lundby resides in Oslo, Norway.

• Number of shares: 0
• Number of options: 0

Per Olav Førland (1956), employee representative

Per Olav Førland has been an employee of Norman since 1996, and a member of the board since May 2003. Mr. Førland has a Bachelor degree from the Norwegian School of Economic and Business Adminstration, Bergen. He has almost 20 years experience from the IT sector in Norway, including Managing Director of Acto Informasjonssystemer AS. Mr. Førland resides in Oslo, Norway.

• Number of shares: 0
• Number of options: 0

Carl Bretteville (1966), employee representative

Carl Bretteville has been an employee of Norman since 1988, and a member of the board since February 2001. Mr. Bretteville graduated from the Norwegian College of Computer Science, Oslo in 1986. Before joining Norman, Mr. Bretteville worked for Scandinavian Airlines System. He has worked in the IT industry all his professional life and has close to 20 years experience as a designer and developer of network security systems. Mr. Bretteville resides in Oslo, Norway.

• Number of shares: 11.499
• Number of options:   8.750

Board committees

In May 2005, the annual general meeting of Norman ASA approved the establishment of an election committee to oversee the selection, proposal and compensation of board members. This committee comprises John Harald Henriksen and J. Arthur Olafsen.

In January 2003 a compensation committee was established to oversee the compensation of the President & CEO of Norman ASA. This committee comprises Svein Ramsay Goli and Alexander Paiusco.

Management

Trygve Aasland (1964), CEO

Trygve Aasland joined Norman ASA in November 2005. Mr. Aasland has a Master degree in economics from BI Norwegian School of Management. He has considerable experience from marketing and sales in the IT industry. His latest position included the development of Tandberg’s market positioning in Europe, the Middle East and Africa (EMEA). Previously, he was Tandberg’s regional director for Asia and Northern Europe and has also worked within international shipping. Mr. Aasland resides in Oslo, Norway.

• Number of shares: 6.000
• Number of options: 90.000

Simen Nyberg-Hansen (1966), CFO

Simen Nyberg-Hansen joined Norman ASA in October 2006. He has a Bachelor degree in accountancy from BI Norwegian School of Management. He also has a Master degree in accountancy and auditing from BI, and is a state authorized public accountant. Mr. Nyberg-Hansen worked 9 years with Ernst & Young prior to joining Norman. He was appointed as CFO of Norman in July 2007. Mr. Nyberg-Hansen resides in Bærum, Norway.

• Number of shares: 0
• Number of options: 20.000