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John Fredriksen has been a Director of the Board of the Company since March 2015, but served as a Director of the Board, President and CEO of the predecessing Company since November 2004

John Fredriksen became a director of the Combined Company at the time of completion of the Merger between Golden Ocean and Knightsbridge. Mr. Fredriksen has served as Chairman of the Board, President and a director of Seadrill Limited since 2005. Mr. Fredriksen has established trusts for the benefit of his immediate family which indirectly control Hemen. Mr. Fredriksen is Chairman, President, Chief Executive Officer and a director of Frontline Ltd., a Bermuda company listed on the NYSE, the Oslo Stock Exchange and the London Stock Exchange. He has served also as a director of Frontline 2012 Ltd. since December 2011