Mr. Magnus Halvorsen was appointed as a Chairman of the Board on December 30, 2021. He is a co-founder of 2020 Bulkers and served as the CEO of ‘2020 Bulkers Management AS’ from January 2019 until February 2022. Prior to establishing 2020 Bulkers, Mr. Halvorsen had a 15 year long career in finance. He worked for Pareto Securities during 2003 – 2009 where he was a Partner and responsible for Pareto’s US operations, including serving as a Chairman for their US JV, Nordic Partners. During 2009 – 2017 he was a Partner and Head of Capital markets for Clarksons Platou Securities (formerly Platou Markets). Mr. Halvorsen is a Norwegian citizen and resides in Norway.