Asthildur Otharsdottir is an independent advisor and board director. She is the Chairman of the Board of Frumtak Ventures investment fund and a director of Promote Iceland. Otharsdottir is on the Board of Governors and Chairman of the audit committee of the University of Iceland, the board of the Nordic Arbitration Centre at the Icelandic Chamber of Commerce, and the board of Women Corporate Directors. She is a former director and chairman of the audit committee of Icelandair Group and several other organizations.

Otharsdottir served as the Global Director of Corporate Development at Össur hf., where she managed several international acquisitions, corporate funding, investor relations, and the dual listing of the company’s shares on Nasdaq Copenhagen. Prior to that, she served as a Senior Manager in Corporate Banking at Kaupthing Bank as well as a management consultant at Accenture in Copenhagen.

She has no interest links with the company’s main customers, competitors, or major shareholders.

EDUCATION MBA, Rotterdam School of Management, the Netherlands Cand. Oecon., University of Iceland

ELECTED 2013 Chairman of the Board 2012 Vice-Chairman 2011 Chairman of the Audit Committee 2010 Director

SUB-COMMITTEES Remuneration Committee (Chair) Nomination Committee

HOLDINGS IN MAREL 32,000 shares