Arrow Prospectus - PGS

ARROW SEISMIC ASA – INITIAL PUBLIC OFFERING
Administration degree (Siviløkonom – SIB). Anne Marit Steen’s place of residence is Bergen, Norway. Her
business address is GC Rieber AS, Damgårdsveien 125, P.O. Box 990 Sentrum, N-5808 Bergen, Norway.
The board members have no options or rights to Shares in the Company. There are no family relations between
any of the board members and/or any of the members of the senior management.
10.2 MANAGEMENT
The Company has no employees. Management services are purchased under a service agreement with GC Rieber
Shipping AS, currently an affiliate company of Arrow. GC Rieber Shipping has more than 30 years extensive
experience from developing, owning, managing and chartering purpose-built seismic vessels. Management and
reporting is backed by a skilled experienced organisation and is based on well established reporting routines and
ICT systems. GC Rieber Shipping has been listed on Oslo Børs since 1998.
Arrow’s executive management consists of Hans Petter Amundsen Klohs who is holding the position as CEO of
Arrow Seismic ASA and Mark Ashton-Taylor who is Managing Director of Arrow UK Group. The executive
management is responsible for the daily management and the operations of the Company. No compensation to
the executive management has been paid, as these services are included in the management fee from GC Rieber
Shipping AS and GC Rieber Shipping Ltd., respectively.
Table 10-2: Executive management
Name Position Shares owned
Hans Petter Amundsen Klohs CEO 12,000
Mark Ashton-Taylor Managing Director, Arrow UK 0
Hans Petter Amundsen Klohs CEO (born 1967)
Mr. Klohs has been CEO of Arrow since October 2005 and CFO of GC Rieber Shipping since 2001. Mr Klohs
serves as board member of various companies within the GC Rieber Shipping sphere and as chairman of Arrow
UK companies. He holds a bachelor degree from Norwegian School of Management and an MPhil. in
international finance from University of Glasgow. Before joining GC Rieber Shipping, Mr. Klohs worked with
financial risk management in Nordea Bank ASA and Odfjell ASA. Mr Klohs is resident of Bergen, Norway. His
business address is GC Rieber Shipping ASA, Solheimsgaten 13, P.O. Box 1114 Sentrum, N-5058 Bergen,
Norway.
Mark Ashton-Taylor, Managing Director Arrow Seismic UK Group (born 1962)
Mr. Taylor joined the Arrow UK Group as Managing Director of Arrow UK Group in July 2006. Mr. Taylor is
also the Managing Director of GC Rieber Shipping Ltd and serves as board member of various companies within
the GC Rieber Shipping and Arrow UK sphere. He holds a law degree and solicitor professional examination.
Before joining Arrow in 2006, Mr. Taylor was a lawyer acting for UK Energy sector clients before joining
Techmarine International Plc as General Counsel and Company Secretary. He is resident of United Kingdom.
His business address is GC Rieber Shipping Ltd., Darenth House, 60 High Street, Otford, Sevenoaks, Kent,
TN14 5TL United Kingdom.
10.3 CONFLICTS OF INTERESTS ETC.
During the last five years preceding the date of this Prospectus, no member of the Board of Directors or the
senior management has:
• any convictions in relation to indictable offences or convictions in relation to fraudulent offences;
• received any official public incrimination and/or sanctions by any statutory or regulatory authorities
(including designated professional bodies) or ever been disqualified by a court from acting as a member of
the administrative, management or supervisory bodies of a company or from acting in the management or
conduct of the affairs of any company; or
• been declared bankrupt or been associated with any bankruptcy, receivership or liquidation in his capacity as
a founder, director or senior manager of a company.
Over the five years preceding the date of this document, the members of the Board and the senior management
hold or have held the following directorships (apart from their directorships of the Company and its subsidiaries)
and/or partnerships:
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