MAHA ENERGY - Key Persons


Barbara Bittencourt - Chief Legal Officer

Job Titles:
  • Chief Legal Officer
Barbara Bittencourt Born 1985 Specialization in Maritime Regulation and Ocean Management, Harvard University, Boston, USA (2018); LL.M in Oil and Gas from the University of Aberdeen, Aberdeen, Scotland (2012); Bachelor of Laws from Universidade Milton Campos Law School, Brazil (2007). Chief Legal Officer since 2023 Other current assignments: None Prior assignments (last five years): Partner of Demarest Advogados (Brazilian top tier law firm); Senior Associate at Campos Mello Advogados in Cooperation with DLA Piper. Experience: Ms. Bittencourt has over 15 years of experience within energy and natural resources, focusing her career on transactions and regulatory issues in the oil and gas industry. Before joining Maha, Barbara was a partner of the Brazilian law firm Demarest Advogados at their Energy and Natural Resources practice. Previously, Barbara was a Senior Associate of DLA Piper/Campos Mello Advogados. She holds a master's degree in Oil and Gas from the University of Aberdeen (Scotland) and a Bachelor of Laws degree from Universidade Milton Campos (Brazil), and specialization in Maritime Regulation and Ocean Management from Harvard University. Shareholding in Maha Energy AB: 0 Options in Maha Energy AB: 761,628 (LTIP 8) Close

Cand. Oecon

Job Titles:
  • Economist

Enrique Peña

Job Titles:
  • Member of the Board of Directors since 2022
  • Member of the Board of Directors since May 2022. Chairman of the Audit Committee
Education: Master in Infrastructure Management and Public Services and Master in Civil Engineering from Universidad Politécnica de Madrid. MBA from The Wharton School of the University of Pennsylvania, and Master in Sustainability and Social Corporate Responsibility from Universidad UNED-UJI.

Fabio Vassel

Job Titles:
  • Member of the Board of Directors
  • Member of the Board of Directors since 2022
Fabio Vassel Born 1976 Member of the Board of Directors since 2022 Education: MBA from The Wharton School of the University of Pennsylvania. BA from the University of São Paulo (FEA-USP). Other assignments: Managing Director of the Starboard Group. Previous assignments: Chairman of 3R Petroleum and Board Member of Gemini Energy. Experience: Fabio Vassel has over 25 years of experience working on Private Equity buy-side and Restructuring Advisory in Latin America, North America and Europe. Fabio was previously Partner and Head of Restructuring & Private Equity at Brasil Plural. Fabio has experience from Jefferies (Zurich and London), Nomura (London) and UBS Investment Bank (New York and London). Independent of the Company and the senior management: Yes. Independent of major shareholders: No. Shareholding in Maha Energy AB: 0 Warrants in Maha Energy AB: 476,018 (LTIP 9) Close

Guilherme Guidolin de Campos - CFO

Job Titles:
  • CFO
Born 1981 Education: BSc exam in Industrial Engineering from the University of São Paulo

Halvard Idland

Job Titles:
  • Director at DBO Invest
  • Member of the Board of Directors since 2023
  • Member of the Board of Directors since March 2023. Member of the Audit Committee
Halvard Idland Born 1975 Member of the Board of Directors since March 2023. Member of the Audit Committee. Education: M.Sc. in Economics and Business Administration from Norwegian School of Economics (NHH). Other assignments: Co-founder and Director at DBO Invest and Janeiro Energy. Board member at Prosafe SE and 3R Offshore. Chairman of DreamLearnWork. Previous assignments (last five years): Co-founder and CFO at DBO Energy and DBO 2.0 S.A (re-named Maha Energy Offshore (Brasil) Ltda.). Audit committee member at 3R Petroleum. Experience: Halvard Idland has more than 20 years of industrial and financial investment experience in the oil and gas industry in Norway and Brazil. Previous experience includes DNB, Pareto and Aker Yards prior to co-founding DBO Energy. Independent of the Company and the senior management: Yes. Independent of major shareholders: No. Halvard is Director at DBO Invest which is a major shareholder in the Company. Shareholding in Maha Energy AB: 116,337 shares held directly and 7,312,199.33 shares held indirectly through ownership of one third of the shares of DBO Invest S.A. Warrants in Maha Energy AB: 0 Close

Javier Gremes Cordero - COO

Job Titles:
  • COO
  • Chief Operating Officer ( "COO

Kjetil Solbraekke - CEO

Job Titles:
  • CEO
Kjetil Solbraekke Born 1962 Cand. Oecon from the University of Oslo, Economist. CEO since September 2023 Previous assignments: CEO in Sintef do Brasil. Co-founder and CEO at DBO Energy and DBO 2.0. Board Member of 3R Petroleum. Experience: Kjetil Solbraekke has over 30 years of experience from the Norwegian Oil and gas sector in various positions as Assistant director general in the Ministry of Petroleum in Norway, SVP and CFO in Norsk Hydro, CEO in Panoro Energy and Sintef do Brazil, Founder and CEO in DBO Energy. He has lived in Brazil since 2006. Independent of the Company and the senior management: No. Independent of major shareholders: No Shareholding in Maha Energy AB: Holdings: 216,337 shares held directly and 7,312,199.33 shares held indirectly through ownership of one third of the shares of DBO Invest S.A. Warrants in Maha Energy AB:952,035 (LTIP 8) Close

Paulo Thiago Mendonça - Chairman

Job Titles:
  • Chairman of the Board of Directors
  • Chairman of the Board of Directors since 2023
  • Chairman of the Remuneration Committee and Member of the Reserves & HSE Committee
  • Managing Director at Starboard
Chairman of the Board of Directors since 2023 and member of the Board of Directors since 2022. Chairman of the Remuneration Committee and member of the Reserves & HSE Committee. Education: Degree in Mechanical Engineering (cum laude) from the Federal University of Rio de Janeiro (UFRJ).

Richard Norris

Job Titles:
  • Member of the Board of Directors
  • Chairman of the HSE Reserve Committee and Member of the Audit Committee
  • Member of the Board of Directors since 2022
Richard Norris Born 1966 Member of the Board of Directors since 2022. Chairman of the HSE Reserve Committee and Member of the Audit Committee. Education: PhD in Petroleum Engineering and an MSc in Petroleum Geology from Imperial College in London and a BSc in Geology. Other assignments: Richard is currently Managing Director of Pandreco Energy Advisors Inc Previous assignments (last five years): - Experience: Richard Norris has over 30 years energy related experience in both industry and finance, including roles with large and small oil companies, as well as roles in debt and equity financing. Richard has worked in engineering, management and board roles covering Africa, Europe, Former Soviet Union and South America with BP, Elf Aquitaine/Total, Geopetrol, Candax Energy and Eland Oil and Gas. In finance Richard was instrumental in building the European oil and gas structured finance group at BNP Paribas. As a Partner at Helios Investment Partners, Richard co-managed Helios's Private Equity energy investments throughout Africa. Richard is a Fellow of the Canadian Global Affairs Institute. Independent of the Company and the senior management: Yes. Independent of major shareholders: Yes. Shareholding in Maha Energy AB: 0 Warrants in Maha Energy AB: 476,018 (LTIP 9) Close

Viktor Modigh

Job Titles:
  • Member of the Audit Committee
  • Member of the Board of Directors
  • Member of the Board of Directors since 2022
Member of the Board of Directors since 2022. Member of the Audit Committee, the Remuneration Committee and the Reserve & HSE Committee. Education: Master of Law from the University of Gothenburg, Sweden with a specialization in Petroleum Law and Petroleum Contracts from the University of Oslo, Norway.