Odfjell SE : Odfjell's new CEO/President Kristian Verner Mørch starts 1 August 2015

Reference is made to the stock exchange notice of 4 May 2015, announcing that the Board of Directors of Odfjell SE has appointed Kristian Verner Mørch (47) as the Company's CEO/President.

The Board of Directors is pleased to announce that Mr Mørch will take up his position as CEO/President of Odfjell SE as from 1 August 2015. From the same date he will step down as Board director of the Company.

Kristian Verner Mørch is Danish citizen and previously held the position as co-CEO of Clipper Group. He has previously been COO of Maersk Tankers, and has also held other management positions in A.P. Moller-Maersk. Mr Mørch holds an MBA from IMD (Switzerland), and is an AMP graduate from Harvard Business School. He has been a member of the Board of Odfjell SE since May 2014. Mr Mørch has more than 27 years' experience in the shipping industry of which more than ten years in senior management positions.

For further information please contact:
Laurence W. Odfjell, Chairman of the Board
Tel: + 47 55 27 00 00
E-mail: laurence.odfjell@odfjell.com