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GOGL – Changes to the Board composition

1. GOGL appoints Tonesan Amissah as new Director. 2. Amissah brings over 30 years of corporate law experience. 3. She has held leadership roles in international corporate services. 4. Her legal background enhances GOGL's governance framework. 5. Appointment may attract positive stakeholder perceptions.

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FAQ

Why Bullish?

The appointment of a highly experienced director typically signals stronger governance and has historically led to improved investor confidence.

How important is it?

While important, personnel changes alone do not guarantee immediate financial impact; however, strong governance can enhance company reputation over time.

Why Long Term?

The influence of experienced leadership on strategic decisions will take time to yield visible results, reflecting a longer-term benefit.

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GOGLApplebyOcorian Services
February 14, 2025 16:33 ET  | Source: Golden Ocean Group Limited  Golden Ocean Group Limited (“GOGL” or “the Company”) announces the appointment of Ms. Tonesan Amissah as Director of the Company. Tonesan Amissah is a Barrister and Attorney-at-Law with over 30 years of experience in international corporate law. Ms. Amissah is currently a Client Director at Ocorian Services (Bermuda) Limited, a global fiduciary and corporate services company where she oversees all aspects of client service. Ms. Amissah is a former partner of Appleby (Bermuda) Limited, where she led the funds & investment services team and was a senior member of the firm’s corporate department, having joined Appleby in 1989. She also serves as a director of companies in the insurance space. Ms. Amissah holds a law degree from the London School of Economics and Political Science, she qualified as a Barrister at the Honourable Society of Lincoln’s Inn in London in 1988 and was later called to the Bermuda Bar in 1992. She is a member of the Institute of Directors and was appointed an accredited speaker for the Regulatory and Compliance Association in 2015. Ms. Amissah is a Bermuda citizen.  The Board of DirectorsGolden Ocean Group LimitedHamilton, Bermuda February 14, 2025 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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