Commitees of the Board

Remuneration Committee
The tasks of the Remuneration Committee are to consider Awilco LNG’s remuneration policy and programs, including bonus programs, share-based compensation and present recommendations to the Board of Directors for decision. The committee evaluates annually the CEO’s and the Key Management’s remuneration and present recommendations to the Board of Directors for decision. Current members of the Remuneration Committee are Mrs. Synne Syrrist (Chairman of the Committee) and Mr. Jens-Julius R Nygaard (member).

Audit Committee
The tasks of the Audit Committee are to monitor the financial reporting process, monitor the effectiveness of internal control and risk management, to have regular communication with Awilco LNG’s external auditor regarding the auditing of the financial statements and evaluate and oversee the auditor’s independence. The Audit Committee is composed of two members of the Board, and its members are currently Mr. Jon-Aksel Torgersen (Chairman of the Committee) and Mrs. Synne Syrrist (member)

Nomination Committee
The Nomination Committee nominates shareholder representatives to the Board of Directors. The Directors of the Board are elected by the General Meeting of Shareholders.  The committee has two members who are elected directly by the General Meeting of Shareholders. Current members of the Nomination Committee are Mr. Eric Jacobs (Chairman of the Committee) and Mr. Henrik A. Christensen (member).