Nomination Committee at Concordia Maritime AB prior to 2012 Annual General Meeting

The nomination committee has consisted of Arne Loow, representative of Fjarde AP Fonden (approx. 5.6% of the shares), Mikael von Mentzer (Deputy Chairman of the company), Karl-Magnus Sjolin, representative of Stena Sessan Rederi AB (approx. 52% of the shares) and chairman of the nomination committee. In 2011 and 2012, the nomination committee held two minuted meetings, including one teleconference. The committee has considered the board’s evaluation and evaluated the composition of the present board and found that it is functioning smoothly. No areas requiring change or complementing were identified.