The following have been elected to the Board of Directors of Icelandair Group: Auður Finnbogadóttir, id: 200767 3739 No.of votes: 466.559.586 Finnbogi Jónsson, id: 180150-2429 No.of votes: 466.559.586 Katrín Olga Jóhannesdóttir, id: 010862-7369 No.of votes:466.542.492 Sigurður Helgason, id: 010546-2069 No.of votes:466.709.586 Úlfar Steindórsson, id: 030756-2829 No.of votes: 597.754.244 Alternate Board members, chosen without election: Herdís Dröfn Fjeldsted, id: 210971-4329 Magnús Magnússon, id: 160965-4799 Vilborg Lofts, id: 121256-3129 The Board of Directors has met and chosen Sigurdur Helgason as Chairman of the Board and Finnbogi Jónsson as Deputy Chairman. Information about Board Members: Audur Finnbogadóttir is an independent consultant. She as 15 years work-and board member experience in Iceland. She was temporarily the CEO of the Pension Fund of Kopavogur Employees from fall 2009 until the spring of 2010. Audur holds a degree in business and an MBA from Reykjavik University. Finnbogi Jónsson is the CEO of the Icelandic Enterprise Fund. He was the CEO of the The New Business Venture Fund from 2006. Finnbogi was the CEO of SR-Mjöl froma 2003-2006. Finnbogi has for the past 25 years held various managerial and positions within the Icelandic fishing industry. Finnbogi has also held various board positions, mainly in the fishing industry and related businesses. He holds a degree in engineering and business from the university of Lund in Sweden. Katrin Olga Johannesdóttir is the Chief Strategy Officer of Skipti hf. She has held various managerial positions with Siminn, and before that she was the Managing Director of Navision. Mrs. Johannesdottir is currently a board member of the Central Bank of Iceland,Sirius IT and SkjáMiðlar. She holds a Cand.Oecon degree, from the University of Iceland and a MSc in Business Economics from Odense University in 1989. Sigurdur Helgason has been a Member of Board of Directors at Finnair since. He was President & CEO of Flugleidir/FL-Group/Icelandair 1985 - 2005. Sigurður var an employee of Flugleidir from 1974. He has been a board member of Calidris ehf, Vildarborn and IATA. Sigurdur holds a Cand.Oecon from the University of Iceland from and a MBA from Chapel Hill. Úlfar Steindórsson is the CEO of Toyota in Iceland. He was the CEO of Primex ehf in Siglufjordur from 2002-2004, and the CEO of the New Business Venture Fund from 1999-2002. Úlfar has held various board positions in the Icelandic Business environment in the past years. Úlfar holds a Cand.Oecon from the University of Iceland and a MBA from Virgina Commonwealth University.