Norsk Hydro: Election of members to the Board of Directors

Rhea-AI Summary

Norsk Hydro (OTC:NHYDY) announced election results from its Annual General Meeting on 7 May 2026. Pia Aaltonen-Forsell was elected as a new board member effective 1 October 2026. Shareholder-elected members were chosen for terms up to two years, until the AGM in 2028.

The Board now has 12 members, chaired by Rune Bjerke. Investor and media contact details were provided.

News Market Reaction – NHYDY

-2.16%

-2.16% Session close to close

In the May 7 session, NHYDY declined 2.16%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

The Annual General Meeting of Norsk Hydro ASA ("Hydro") resolved on May 7, 2026, in accordance with the proposal from the Nomination Committee, to elect Pia Aaltonen-Forsell as a new member of Hydro’s Board of Directors. Her term will be effective from October 1, 2026.

The Nomination Committee recommended the re-election of Rune Bjerke, Kristin Fejerskov Kragseth, Marianne Wiinholt, Philip Graham New, Jane Toogood and Espen Gundersen.

The shareholder elected members have been elected for a term of up until two years and at the latest until the Company’s Annual General Meeting in 2028.

The Nomination Committee’s recommendation is available at hydro.com/generalmeeting in appendix 4.

The Board of Directors held a constituting board meeting following the Annual General Meeting on May 7, 2026. Following the elections, Hydro’s Board of Directors consists of the following 12 members:

• Rune Bjerke (chair)
• Kristin Fejerskov Kragseth (deputy chair)
• Marianne Wiinholt
• Philip Graham New
• Jane Toogood
• Espen Gundersen
• Kim Wahl
• Pia Aaltonen-Forsell
• Arve Baade (employee representative)
• Margunn Sundve (employee representative)
• Bjørn Petter Moxnes (employee representative)
• Ellen Merete Olstad (employee representative)

Investor contact:
Baard Erik Haugen
+47 92497191
erik.haugen@hydro.com

Media contact:
Anders Vindegg
+47 93864271
Anders.Vindegg@hydro.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

FAQ

Who was elected to Norsk Hydro's Board of Directors on May 7, 2026 (NHYDY)?

Pia Aaltonen-Forsell was elected as a new board member, effective October 1, 2026. According to the company, the full board now includes 12 members led by chair Rune Bjerke, with four employee representatives and eight shareholder-elected directors.

When does Pia Aaltonen-Forsell's term on Hydro's board begin and how long is the term (NHYDY)?

Her term begins on October 1, 2026 and is part of shareholder-elected seats with terms up to two years. According to the company, shareholder-elected members serve until the AGM in 2028 at the latest.

Who continues as chair and deputy chair of Norsk Hydro's Board after the 2026 AGM (NHYDY)?

Rune Bjerke remains chair and Kristin Fejerskov Kragseth remains deputy chair. According to the company, these leadership positions were confirmed following the constituting board meeting on May 7, 2026.

How many board members does Norsk Hydro have after the May 7, 2026 elections (NHYDY)?

The Board consists of 12 members after the elections. According to the company, this includes the chair, deputy chair, shareholder-elected members and four employee representatives.

Where can investors find the Nomination Committee recommendation for Hydro's 2026 board elections (NHYDY)?

The Nomination Committee recommendation is available online in appendix 4 on the company's general meeting pages. According to the company, the document is posted at hydro.com/generalmeeting for review.