Board of Directors

• Appointed: 31 May 2007
• Stocks: 16,520 as of 10 November 2008
• Member of committee: The Governance and Remuneration Committee

Background: Chairman of the Board of Aschehoug publishing house and Havgul AS. Board member at ConocoPhilips, PGS and Deep Ocean ASA. Chairman of the Telenor Compensation Committee. CEO of Statoil, 1988-1999. Finance Director and Executive Vice President at Aker Group. Parliamentary secretary at the Norwegian Ministry of Petroleum and Energy, 1976–1979.

Education: Master of Business Administration from the Norwegian School of Economics and Business Administration, NHH.

• Appointed: 8 May 2003
• Stocks: 0 as of 20 February 2009
• Member of committee: Ethics and Sustainability Committee

Background: Managing director of Aleris AS. She has previously held leading positions at Zenitel ASA, in the oil industry, PA Consulting Group and Stento AS. Currently a board member of the Central Bank of Norway, Norges Bank. Member of Telenor's Compensation Committee.

Education: Master of Science from the University of Oslo and MBA from the International Institute for Management Development (IMD) in Lausanne.

• Appointed: 19 May 2011
• Stocks: 0 as of 19 May 2011
• Member of committee: Ethics and Sustainability Committee

Background: Bakke is chairman of Carte Blanche AS. A former Norwegian politician, Bakke has 20 years experience as member of Parliament, serving the committees of foreign affairs and finance. He was Minister of Trade and Shipping 1976-1979 and Minister of Culture and Science, 1986-1989. From 2006 to 2008, he was Chairman of the Norwegian Broadcasting Corporation (NRK AS).

Education: Bakke has a master of science in business from The Norwegian School of Economics and Business Administration.

• Appointed: 29 May 2008
• Stocks: 0 as of 20 February 2009
• Member of committee: The Governance and Remuneration Committee

Background: Mr. Bergmann was until February 2008 Chairman of the Management Board of E.ON Ruhrgas AG. He holds board positions in several major international companies.

Education: Graduated in physics from Aachen University of Technology in 1968. Conferred Dr. Eng. from same university in 1970.

• Appointed: 19 May 2011
• Stocks: 0 as of May 19 2011
• Member of committee: Ethics and Sustainability Committee

Background: Dangeard is Managing Partner of the advisory firm Harcourt France, since 2008. Formerly, he served as Chairman and CEO of Thomson S.A., Senior EVP of France Telecom, EVP and Vice Chairman of Thomson, Managing Director and Chairman of SG Warburg & Co. Ltd and lawyer with Sullivan & Cromwell LLP in New York and London. Dangeard holds board positions of Moser Baer, India, Enerqos SPA, Italy, Sonaecom, Portugal, Crédit Agricole-CIB France, and Symantex Corp. US. He is Chairman of the Strategy Advisory Board for PricewaterhouseCoopers and Reech AIM UK.

Education: Dangeard graduated from the Ecole des Hautes Etudes Commerciales, the Paris Institut d’Etudes Politiques and from Harvard Law School.

• Appointed: 23 November 2011
• Stocks: 0 as of 23 November 2011
• Member of committee: The Governance and Remuneration Committee

Background: Sally Davis has held several executive positions in British Telecom Group since 1999, including President BT Global Services and Head of BT's wholesaler. Davis has also held leadership positions in Bell Atlantic and Mercury Communications. A Non-Executive Director of the Swiss company Logitech; the UK Department of Transport and the BBC, Sally Davis has worked in the global telecommunications industry for thirty years, working for start-up cable companies in the UK as well as strategy and global operational roles based in the US and UK for Cable & Wireless, Verizon and BT. Most recently, Davis acted as CEO of BT Wholesale, providing services to global operators.

Education: Mrs. Davis is a BA Hons graduate and a Fellow of University College, London.

• Appointed: 19 May 2011
• Stocks: 0 as of 19 May 2011
• Member of committee: Audit Committee

Background: Opedal is Executive Management Group Director of NorgesGruppen. He is former CEO and President of Orkla Group and has held other leading positions in Orkla, Stabburet AS, Dyno Industrier and Nora Industrier AS. Opedal holds board positions of Nammo AS, Vizrt AS and Ferd Holding AS. He is a Member of the Supervisory Board of DnB NOR ASA.

Education: Business Economics from The Norwegian School of Economics and Business Administration and an MBA from INSEAD, Fontainebleau, France.

• Appointed: 11 May 2009
• Stocks: 4,900 as of 27 June 2011
• Member of committee: Audit Committee

Background: Director at Fleming Invest AS, and a member of the Boards of Electrolux AB, SCA AB, Fleming Invest AS, and Norfolier AS. She started her professional career at Kraft General Foods in 1981 and has been Managing Director of Midelfart and President of TeliaSonera Norway (NetCom AS).

Education: Master of Business Administration from Columbia University.

• Appointed: 23 August 2007
• Stocks: 2,159 as of 4 January 2012
• Member of committee: The Governance and Remuneration Committee

Background: Mr. Anderssen joined Telenor in 1999. He is also a member of the Negotia Board at Telenor and a member of the Negotia Executive Committee.

Education: Upper Secondary School

• Appointed: 20 January 2010
• Stocks: 2,656 as of 4 January 2012
• Member of committee: Ethics and Sustainability Committee

Background: Fredriksen started her career in Telenor in 1993 and has since then been employed in various Telenor companies. Today, she holds the position as safety overseer in Telenor Norway. Fredriksen is head safety delegate in the divisions Business and Consumer in Telenor Norway and employee representative within the Electrician and IT workers union.

Education: Business studies and project management at Norwegian School of Economics

• Appointed: 20 June 2000
• Stocks: 4,970 as of 10 November 2008
• Member of committee: Audit Committee

Background: Mr. Stavn joined Telenor in 1974 and has held various positions in the company. Board member of the Telenor Pension Fund (Telenor Pensjonskasse), chairman of the executive board of the Norwegian Society of Engineers, NITO, in Telenor.

Education: Technical education from the internal education system of Norwegian Telecom. Business economist from the Norwegian School of Management in Oslo, Norway.