Business structure

BS

The investments are related to the following main business segments:

Renewable Energy:

100% ownership in Fred. Olsen Renewables AS and Fred. Olsen Seawind ASA

Wind Service:

100% ownership in Fred. Olsen Ocean Ltd., 100% ownership in Fred. Olsen Windcarrier AS, 92% ownership in Global Wind Service and 50% ownership in United Wind Logistics.

Cruise:

100% ownership in Fred. Olsen Cruise Lines Ltd.

Other investments:

Renewable Energy: 100% ownership in Fred. Olsen 1848 AS (innovation and technology company that focuses on development and commercialization of innovative technologies related to renewable energy)

Media: 54% ownership in NHST Media Group AS (publisher of e.g. the  business newspaper Dagens Næringsliv).

Property: 100% ownership in the office building in Fred. Olsens gate 2 and Stavenes Byggeselskap AS.

100% ownership in Fred. Olsen Investments AS