Permascand / Investors / Board of Directors Board of directors Permascand’s board of directors consists of seven members elected by the shareholders, including the chair of the board, elected up until the annual general meeting 2022. The board also includes two employee representatives. The Company’s articles of association provides for a minimum of four and a maximum of ten members. . . . Independent in relation to: . Name Position Board member since The Company and its management Major shareholders Per Lindberg Chairman of the board 2020 Yes Yes Marie Grönborg Member of the board 2020 Yes Yes Mario Houde Member of the board 2015 Yes Yes Ingar Jensen Member of the board 2015 Yes No Pernilla Lundin Member of the board 2020 Yes Yes Per-Ola Baalerud Member of the board 2015 Yes No Johan Karlsson Member of the board 2020 Yes Yes Erik Zimmerman Employee representative 2017 No Yes Emil Wiljesäter Employee representative 2020 No Yes Per Lindberg Chairman of the Board Born: 1959 Education: Per Lindberg holds a Master of Science degree in Engineering and a PhD in Industrial Management & Work Organization from Chalmers University of Technology. Background: Per is currently the chairman of the board of Premium Svensk Lax AB and Peymar Holding AB, and serves on the board of directors of Middlepoint AB. Per has previously held the position as CEO of BillerudKorsnäs AB and Epiroc AB. He has also served as member of the board of Nordstiernan AB. Current positions: Chairman of the board of Premium Svensk Lax AB and Peymar Holding AB. Member of the board of Middlepoint AB. Prior positions (past five years): Member of the board of Nordstiernan AB. CEO of BillerudKorsnäs AB and Epiroc AB. Holdings in the Company (including related parties): 128,250 shares, through Peymar Holding AB. 106,087 warrants of series 2021/2025. Ingar Jensen Board member Born: 1965 Education: Ingar Jensen holds a degree in economics from Gothenburg University. Background: Ingar has prior experience from industries including marine, railway, mining and automotive. He is currently member of the board of SMA Mineral AB, SMA Mineral Holding AB and Robust AB. Ingar’s previous positions include CEO of SabWabco, head of Cardo’s Rail business and head of Vickers Plc Marine Division. Current positions: Chairman of the board of Öna Skog AB, Släp och Lastbilspåbyggnader i Övertorneå AB and Släp och Lastbilpåbyggnader i Övertorneå Fastighets AB. CEO and member of the board of Trokhaios Holding AB. Member of the board of Jonsson & Paulsson Industri Aktiebolag, Domi System AB, Arctic Engineering AB, Arctic Fastigheter AB, ZMek Fastighet & förvaltning AB, ZMek AB, Ulven Invest AB, Prestbaer ehf and Beati AB. Prior positions (past five years): Chairman of the board of SAB Wabco Nordic RL AB. Member of the board of SMA Mineral AB, SMA Mineral Holding AB and Robust AB. Holdings in the Company (including related parties): 6,125,167 shares, through Ulven Invest AB. 66,268 warrants of series 2021/2025. Johan Karlsson Board member Born: 1965 Education: Johan Karlsson holds a Bachelor’s degree in Business Administration and Economics from Gothenburg School of Economics. Background: Johan is currently Group CFO and Head of Business support at Dustin Group, a role he has held since 2009. Prior to this, he held the positions as Regional Finance Director at Tech Data Nordic and Group CFO at ACO Hud Nordic. Current positions: Group CFO and Head of Business support at Dustin Group. Chairman of the board of Adlibris Aktiebolag. Member of the board of Dustin A/S, Inventio IT A/S, Chilit Group Oy, Chilit Oy, Dustin Finland Oy, ITaito Oy, Dustin Norway AS, Dustin Aktiebolag, Dustin Sverige AB, JML-System AB and Kontext Agency of Scandinavia AB. Prior positions (past five years): Member of the board of IDENET AB, DAV Partner AB, Saldab IT AB, IT-Hantverkarna Sverige AB, Tidlog AB, Communication and Security i Mälardalen AB and Seciveres FD AB. Holdings in the Company (including related parties): 106,176 shares. 88,357 warrants of series 2021/2025. Marie Grönborg Board member Born: 1970 Education: Marie Grönborg holds a Master of Science degree in Advanced Chemical Engineering from Chalmers University of Technology and Imperial College, London. Background: Marie has 25 years of global experience in the chemical and clean-tech industry, with focus on strategy, marketing, business and sales. She is currently the CEO of Purac AB and serves on the Board of SSAB AB. In the past, she held the position of Executive VP-BA Specialties & Solutions and Executive VP – Innovation at Perstorp Holding AB and President & Director at Perstorp Formox AB. Current positions: Member of the board of SSAB AB. External CEO of Purac AB. Prior positions (past five years): Chairman of the board of Perstorp Specialty Fluids AB and Perstorp Waspik BV. Member of the board of Perstorp Aktiebolag, Perstorp Quimica do Brazil and Perstorp Chemicals India. Holdings in the Company (including related parties): 66,268 warrants of series 2021/2025. Mario Houde Board member Born: 1960 Education: Mario Houde holds a Bachelor’s degree in Chemical Engineering from University of Montreal Canada. Background: Mario is currently principal and owner of MCHoude Consulting LLC, offering management consulting services to industrial companies. Prior to this, Mario worked for more than 30 years at AkzoNobel Pulp and Performance Chemicals, most recently as Integrated Supply Chain Director for Global Operations. Current positions: Principal at MCHoude Consulting LLC. Prior positions (past five years): Supply Chain Director Global Operations at AkzoNobel Pulp and Performance Chemicals. Holdings in the Company (including related parties): 1,187,544 shares, through MCHoude Consulting LLC. 66,268 warrants of series 2021/2025. Pernilla Lundin Board member Born: 1969 Education: Pernilla Lundin holds a degree in Financial Engineering from Gävle Colllege. Background: Pernilla is a Branding consultant and serves on the board of directors of Länsforsäkringar Gävleborg, Komson AB and Facilitate Partner AB. She was previously CEO of Donald Davies & Partners AB and has further back spent 10 years in various roles at Sandvik, last role as Director Marketing and Communications at Sandvik Coromant. Current positions: Chaiman of the board of Facilitate Partner AB. Vice Chairman of the board of Länsförsäkringar Gävleborg. CEO and chairman of the board of By ilo AB. Member of the board and CEO of Kontrollbolaget by ilo AB. Member of the board of Kontrollbolaget Norr AB and Norrländska Entreprenadbolaget AB. Prior positions (past five years): CEO and member of the board of Donald Davies & Partners. Member of the board of Komson AB, Facilitate Partner and Almi Företagspartner AB. External CEO of DD Spring i framtiden AB and DD Rekrytering AB. Holdings in the Company (including related parties): 66,268 warrants of series 2021/2025. Per-Ola Baalerud Board member Born: 1972 Education: Per-Ola Baalerud holds a Bachelor of Engineering degree in Marine Technology from University of Newcastle-upon-Tyne, and a Master of Business Administration degree from BI Norwegian School of Management. Background: Per-Ola is a Partner with Norvestor since 2014. Prior to Norvestor, Per-Ola acquired, developed and managed companies on behalf of Aker Solutions, an international oil services company where he was Senior Vice President. He was also CEO at Aker Oilfield Services and Executive Vice President at Western Bulk, a leading dry bulk shipping company. Per-Ola gained substantial investment and corporate finance experience at investment companies such as Aker and Kistefos. Current positions: Chairman of the board of Sperre Compressors Holding AS, HydraWell Intervention, EnFlow Holding AS and Investas AS. Partner at Norvestor Advisory AS. Prior positions (past five years): Member of the board of Future Production AS, READ Cased Hole Ltd., Investas AS, PG Flow Solutions AS and Cegal Group AS. Holdings in the Company (including related parties): – Erik Zimmerman Employee representative Born: 1969 Education: Erik Zimmerman has a bachelor’s degree in business administration from Mid Sweden University and a degree of Master of Science in Chemisty from Umeå University. Background: Erik Zimmerman has worked at Permascand for 26 years and had a number of different roles, since January 2020 he is Research And Development Manager at Permascand. Current positions: – Prior positions (past five years): Chairman of the board of Vätgas Sverige Holdings in the Company (including related parties): 48,195 warrants of series 2021/2024. Emil Wiljesäter Employee representative Born: 1988 Education: Emil Wiljesäter has a high school diploma from Boberg high school. Background: Emil Wiljesäter has worked at Permascand since 2009. Current positions: – Prior positions (past five years): Holdings in the Company (including related parties): – Permascand is a technology-driven manufacturer of world-leading electrochemical solutions – based on proprietary catalytic coatings – for clean tech applications. With a customer-centric focus, the company has supplied electrodes and aftermarket services for a variety of industries for nearly 50 years. info@permascand.com +46 691 355 00