Board of Directors, Committees and CEO

Perla Ösp has served on Gildi's Board since 2023 and as chairman since 2026, having previously served on the fund's Audit and Risk Committee. She is elected by fund members at the Annual General Meeting and her current term ends in 2027. Perla has extensive experience in the financial sector, including as Head of Risk Management at Landsbankinn, as a staff member of the Althingi's Special Investigation Commission into the banking collapse, and as a staff member of the Central Bank of Iceland. Perla currently serves as CEO of Efling trade union and also sits on the board of Tótal. Perla holds a B.Sc. in Business Administration from Reykjavík University, as well as an M.Sc. in Investment Management from Reykjavík University. Perla is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Björgvin Jón has served on Gildi's Board since 2023, serving as chairman and vice chairman in alternation since that time. He is nominated by the Confederation of Icelandic Employers and his current term ends in 2027. Björgvin has held management positions in fisheries, industry and services, as well as working as a management consultant. He also has experience in the financial sector and has served on the boards of companies in various sectors, including Hringrás, Norðlenska, TFII and Coripharma. Björgvin currently serves as CEO of Hreinsitækni and related companies, having previously served on that company's board. Björgvin holds a BS in Industrial Engineering Technology from the Technical College of Iceland and a certificate in ship operation technology from the Technical College of Iceland. Björgvin is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Bjarnheiður has served on Gildi's Board since 2022. She is nominated by the Confederation of Icelandic Employers and her current term ends in 2028. Bjarnheiður was chairman of the Icelandic Travel Industry Association from 2018–2024, while also serving on the board of the Confederation of Icelandic Employers over the same period, including as vice chairman from 2022–2024. Bjarnheiður has worked in tourism education, both at upper-secondary and university level, as well as advising national and local government on tourism policy. Bjarnheiður owns the tourism companies Katla Travel GmbH, Viator Summerhouses GmbH and Katla DMI, serving as CEO of the latter, and also sits on Akranes town council, the Tourism Board, and the board of the Tourist Site Development Fund. Bjarnheiður holds a Diplom Betriebswirt in tourism (equivalent to a Master of Business Administration) from Fachhochschule München. Bjarnheiður is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Guðmundur Helgi has served on Gildi's Board since 2024. He is elected by fund members at the Annual General Meeting and his current term ends in 2028. Guðmundur served as chairman of VM – the Icelandic Union of Marine Engineers and Metal Technicians and sat on its board from its founding until 2026, including as chairman from 2018. He previously sat on the board of the Icelandic Marine Engineers' Association for 12 years. He has also served on the central committee of the Icelandic Confederation of Labour (ASÍ) and the representative council of the Seamen's Day Council, in addition to extensive experience on government committees and councils related to fisheries matters. Guðmundur has completed fourth-class marine engineering qualifications from the Marine Engineering School of Iceland, as well as a journeyman's certificate in mechanical fitting. Guðmundur is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Gundega has served on Gildi's Board since 2022. She is elected by fund members at the Annual General Meeting and her current term ends in 2028. Gundega previously worked as an art teacher in preschool and was chairman of ASÍ-Ung (the youth wing of the Icelandic Confederation of Labour). Gundega currently works as a wage specialist at Verkalýðsfélagið Hlíf trade union, having also served on the union's board for many years, including as vice chairman since 2021. She also sits on the boards of Bjarg housing association and Starfsafl – the Vocational Training Fund. Gundega holds a BS in fine art from JRRMV College of Art. Gundega is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Gunnar has served on Gildi's Board since 2026. He is nominated by the Confederation of Icelandic Employers and his current term ends in 2028. Gunnar has held various legal and management positions, including as CEO of Primacare and the Icelandic Medical Association, as well as serving on the boards of companies in various sectors, including BHM, Arev Securities, Expeda and companies within the VHE group. Gunnar has also taught at the Faculty of Medicine at the University of Iceland. Gunnar currently serves as Head of Operations at VHE and sits on the board of Reykjalundur. Gunnar holds a law degree from the University of Iceland and is a licensed attorney. He has also completed a master's degree in business administration (MBA) from the University of Iceland with a focus on management. Gunnar is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Inga Jóna has served on Gildi's Board since 2025 and also sits on the fund's Audit and Risk Committee. Inga previously served as an alternate on the Board from 2021, is nominated by the Confederation of Icelandic Employers, and her current term ends in 2027. Inga has held management positions in fisheries as well as working in marketing consultancy and project management. She has extensive experience serving on the boards of fisheries companies and sat on the board of the Iceland Chamber of Commerce from 2020–2026. Inga currently serves as CFO of Brim. Inga holds a diploma in industrial management with a marketing focus from the Technical College of Iceland, as well as a B.Sc. in International Marketing from the Technical College of Iceland. Inga has also completed an MBA from Reykjavík University with a focus on applying information technology in business and management, as well as a postgraduate diploma in positive psychology from the University of Iceland's Continuing Education programme. Inga is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Stefán has served on Gildi's Board since 2019 and served as chairman and vice chairman in alternation from that time until 2026. He is elected by fund members at the Annual General Meeting and his current term ends in 2027. Stefán has worked in academia and teaching at the Faculty of Social Sciences at the University of Iceland for over four decades, for most of that time as a professor. He was also director of the Reykjavík Academy and the Social Science Research Institute at the University of Iceland, and has held various other positions of trust, including as chairman of the board of the State Social Insurance Administration and as an independent advisor on welfare and labour market issues to the European Commission in Brussels (DG Employment). Stefán currently works as a specialist at Efling trade union and as professor emeritus at the University of Iceland. Stefán holds a doctorate in social science from the University of Oxford and a master's degree in sociology from the University of Edinburgh. Stefán is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Árni served as a full Board member for 13 years and has also served as an alternate for many years. At the fund's most recent Annual General Meeting he was elected as an alternate Board member for one year. He is elected by fund members at the Annual General Meeting and his current term ends in 2028. Árni worked at sea for more than three decades, including a quarter of a century as a mate and captain. He has also served on the boards of trade unions connected to seafaring, such as the Ship Masters' and Mates' Association of Northern Iceland, the Icelandic Federation of Merchant and Fishing Vessel Masters, and the Ships Officers' Association. Árni holds no other positions. Árni has completed the 3rd level of the merchant marine department at the Reykjavík Maritime College, as well as ship operation technology qualifications from the Technical College of Iceland. Árni is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Gróa Björg has served as an alternate Board member of Gildi since 2025. She is nominated by the Confederation of Icelandic Employers and her current term ends in 2027. Gróa served as Director of Governance and Quality at Skeljungur, having previously been the company's Chief Legal Officer, Compliance Officer and Board Secretary. She also practised law and taught corporate governance at Bifröst University, and sat on the Nasdaq Iceland (the Stock Exchange) Disciplinary Committee. Gróa currently works as Director of Sustainability and Culture at Terra environmental services, and also sits on the boards of Terra Einingar and Öryggisgirðingar. Gróa holds a BA and an ML in Law from Reykjavík University, has also completed a PMD programme at Reykjavík University, and is a licensed district court attorney. Gróa is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Hólmfríður has served as an alternate Board member of Gildi since 2025 and also sits on the fund's Audit and Risk Committee. She is elected by fund members at the Annual General Meeting and her current term ends in 2027. Hólmfríður has extensive experience practising law. She also served as Risk Manager for the pension funds operated by Landsbankinn, and has taught law, including at university level. Hólmfríður currently works as legal counsel for Norðurál, and also sits on the boards of Norðurál and its subsidiaries, as well as Skyggna and Passamyndir. Hólmfríður holds a Cand.jur. degree in law and has completed an MBA from Reykjavík University. She is also a licensed district court attorney. Hólmfríður is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.

Jakob has served as an alternate Board member of Gildi since 2026. He is nominated by the Confederation of Icelandic Employers and his current term ends in 2028. Jakob has been involved in operating various restaurant businesses, both as CEO and owner, and has also held positions of trust for the Confederation of Icelandic Employers and served on the board of the Icelandic Travel Industry Association from 2019–2023. Jakob currently works as owner and CEO of Jómfrúin restaurant and Matkráin restaurant in Hveragerði. Jakob has completed an MBA from Reykjavík University, as well as a diploma in marketing from the same institution. Jakob also holds a BS in Sport Management from the Norwegian School of Sport Sciences. Jakob is independent of Gildi and has no interests linked to partners or parties in which the Fund has invested, within the meaning of the guidelines on corporate governance.