Unlocking value across the oil services sector

Frank O. Reite joined Aker in 1995 and served as CFO in Aker ASA from 2015 until 2019. He is currently working as an advisor. He holds a B.A. in business administration from BI Norwegian Business School in Oslo. Prior to his role as Aker’s CFO, Mr. Reite held the position as President & CEO of Akastor, and has previously also held a variety of executive positions in the Aker group, including overseeing and developing Aker’s investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine & Partners, a New York-based private equity firm. Mr. Reite has been the Aker ASA’s deputy chair and head of the Audit Committee since April 2021. Mr. Reite is also currently chair of Solstad Maritime ASA, Converto AS, Norron AB, and, among others, director of Solstad Offshore ASA and Aker BioMarine ASA.

As of March 20, 2026, Mr. Reite holds, through a privately owned company, 200,000 shares in Akastor ASA and has no stock options. He is a Norwegian citizen and has been elected for the period 2024-2026.

Chair of the board of Akastor ASA since 20 April 2022.

Lone Fønss Schrøder (born 1960) is vice-chair of Volvo Cars AB and chair of its audit committee, as well as a director and audit committee chair at Aker Horizons ASA. She also serves on the boards and audit committees of Aker Solutions ASA, Geely Sweden Holdings AB and Ingka Holding B.V. (Ikea Group). She is a global advisor of ServiceNow. Previously, she held senior management and CEO roles at A.P. Møller-Maersk, Wallenius Lines AB, and Concordium AG. She has significant digital and international board experience, including fintech development and advisory roles. Fønss Schrøder holds an MSc in law and economics from Copenhagen University and CBS, with further education at MIT. She holds no shares and is elected for 2024-2026.

As of March 20, 2026, she holds 4,400 shares in the company and has no stock options. She is a Danish citizen and has been elected for the period 2024-2026.

Member and deputy chair of the board of Akastor ASA since 28 September 2015.  

Svein Oskar Stoknes has been the Chief Financial Officer (CFO) of Aker ASA since 2019. Prior to this, he served as CFO of Aker Solutions ASA, where he joined in 2007 and was named CFO in 2014. Stoknes has also held a range of senior positions within finance and advisory for organizations like Tandberg, Citigroup, Norwegian Trade Council and ABB. He graduated from the Norwegian School of Management with a master’s degree in business and economics, and has an MBA from Columbia Business School in New York. Stoknes is a director of Aker Capital AS and several other companies where Aker is the largest shareholder.

As of March 20, 2026, Mr. Stoknes owns 1,297 shares and has no stock options in the company. He is a Norwegian citizen and has been elected for the period 2024-2026.

Member of the board of Akastor ASA since 15 April 2020.

Eva Sagemo (Norwegian) currently serves as the Chief Financial Officer (CFO) of TOMRA. She joined TOMRA Recycling & Food as Group Controller and held that position until February 2018, when she transitioned to the role of Group Controller for TOMRA. In March 2022, she was appointed CFO of the company. Before joining TOMRA, Eva held various financial leadership positions, including auditor at BDO, Consolidation & Reporting Manager at Aibel, and Chief Accountant at Fugro.

Eva holds an Executive Master of Management with a specialization in International Tax Law from BI Norwegian Business School (2021), as well as a Bachelor’s degree in Audit from Oslo Metropolitan University (2000).

In addition to her role at TOMRA, Eva is a member of the Board of Directors at Hexagon Composites ASA.

As of March 20, 2026, Ms. Sagemo holds no shares and has no stock options in the company. She is a Norwegian citizen and has been elected for the period 2025-2027.

Member of the board of Akastor ASA since 24 April 2025.

Luis Antonio G. Araujo has over 40 years of experience in the energy and oil & gas industries, holding the positions as CEO of Aker Solutions from 2014 to 2021 and other senior level positions in Aker Solutions, Wellstream, ABB, FMC Technologies, Vetco Gray and Technip Coflexip throughout his career. He currently serves as the Chairman of the Board of OceanPact Serviҫos Marítimos S.A., CRC Evans and as a board member of TGS ASA. Mr. Araujo holds a bachelor degree in Mechanical Engineering from Gama Filho University and an MBA from Edinburgh University.

As of March 20, 2026, Mr. Araujo holds no shares and has no stock options in the company. Mr. Araujo has triple citizenship; Brazilian, British and Portuguese and has been elected for the period 2025-2027.

Member of the board of directors of Akastor ASA since 15 April 2021