Mr. Þórðarson is born in 1969 and resides in Iceland. He became a Board Member in 2005 and has been the Chairman of the Board from that time.

Mr. Þórðarson is a co-founder of the investment company Eyrir Invest ehf., and has been Eyrir Invest‘s CEO since foundation. He has over 15 years of extensive international experience in various businesses. Prior to co-founding Eyrir Invest, Mr. Þórðarson was Head of Corporate Finance & Capital Markets at Búnaðarbanki Íslands hf., which later merged with Kaupthing Bank hf. He is currently Board Member of Stork B.V. and Ölgerðin Egill Skallagrímsson ehf., as well as being a Member of the Board of Advisors for Arctic Ventures I.

Mr. Þórðarson has an MBA degree from IMD in Switzerland, as well as a Cand. Oecon degree in Business Administration from the University of Iceland.

He and related parties hold 233,056,672 shares in the Company, but he holds no share options. In addition to being CEO, Mr. Þórðarson is a major shareholder of Eyrir Invest, the Company’s largest shareholder, and was nominated as Director by Eyrir Invest ehf. He has no interest links with the Company’s main clients or competitors.