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Governance

Entra’s Board of Directors ('the Board') actively adheres to good corporate governance standards and works to ensure that Entra complies with the requirements of section 2-9 of the Norwegian Accounting Act and the Norwegian Code of Practice for Corporate Governance of August 2025, issued by the Norwegian Corporate Governance Board (NUES). This is done by ensuring that good governance is an integral part of the decision-making process in matters dealt with by the Board. Moreover, Entra’s corporate governance standards are subject to at least annual assessment and discussion by the Board.

Entra endorses the principles of equal treatment of all shareholders and to maintain open, reliable and relevant communication with the capital market and other stakeholders about its business and its governance practices. The company’s governance structure clarifies the division of roles and responsibilities between shareholders, the Board of Directors and the Executive Management. Emphasis is placed on preventing, mitigating and handling potential conflicts of interest between shareholders, the Board and Executive Management.

Board of Directors

Entra’s Board of Directors consists of nine members, of which two are employee-elected. Of the seven shareholder-elected members, three are considered independent of the company’s major shareholders.

Four Board members are not considered independent. Erik Selin (Chair) is the largest shareholder and Chair of Fastighets AB Balder. Ewa Wassberg is CFO of Fastighets AB Balder, while Henrik Käll is a Board member and Pål Ahlsén is CEO of Castellum AB. Balder and Castellum are major shareholders in Entra. The Board has set guidelines to prevent, mitigate and manage potential conflicts of interest.

Executive Management
Board of Directors
General meeting
Committees

Executive Management

Sonja Horn - CEO
+47 905 68 456

Sonja Horn has been with Entra since 2013. Education: MSc in Business (“Siviløkonom”) from BI Norwegian Business school. No. of shares (as at 3.6.26): 72.494

Ole Anton Gulsvik - CFO
+47 995 68 520

Ole Anton Gulsvik has been with Entra since 2024. Education: MSc in Engineering from the Norwegian University of Science and Technology (NTNU), Certified European Financial Analyst (AFA) from the Norwegian School of Economics (NHH). No. of shares (as at 3.6.26): 7.388

Kjetil Hoff - EVP Asset Management and COO
+47 950 69 889

Kjetil Hoff has been with Entra since 2014. Education: MSc in Business (“Siviløkonom”) from the Norwegian School of Economics (NHH). No. of shares (as at 3.6.26) : 25.828

Carine Blyverket - EVP Asset Management and Business Development
+47 911 91 097

Carine Blyverket has been with Entra since 2020. Education: MSc Leadership and Organisational psychology from BI Norwegian Business School. No. of shares (as at 3.6.26): 4.313

Frank Randel Helgesen - EVP Market and Letting
+47 402 11 981

Frank Randel Helgesen has been with Entra since 2011. Education: Master of Law from the University of Oslo and Bachelor of Business Administration and Business Law from BI Norwegian Business School. No. of shares (as at 3.6.26): 6.734

Per Ola Ulseth - EVP Project Development
+47 982 10 500

Per Ola Ulseth has been with Entra since 2018. Education: MSc from the Norwegian University of Science and Technology (NTNU), Executive leadership programme from IMD Lausanne, Switzerland. No. of shares (as at 3.6.26): 21.389

Kristine Hilberg Tunstad - EVP HR and Communication

Kristine Hilberg Tunstad has been with Entra since 2013. Education: Master in HR Management Griffith University, Studies in Business Administration from BI Norwegian Business school. No. of shares (as at 3.6.26) : 17.447

Hallgeir Østrem - EVP Legal and Procurement
+47 908 42 489

Hallgeir Østrem has been with Entra since 2013. Education: Law degree (Cand.jur) from the University of Bergen. No. of shares (as at 3.6.26) : 32.502

Board of Directors

Erik Selin - Chair

Chair in Entra since 2026. Selin is chair of Fastighets AB Balder. He has extensive experience from the property and financial sector. Board member of Erik Selin Fastigheter Aktiebolag, K-Fast Holding AB, Brinova Fastigheter AB Hexatronic Group AB and Hedin Mobility Group AB No. of shares (as at 21.04.26) : 0

Widar Salbuvik - Vice chair

Board member in Entra since 2016. Education: Economics and Business Administration from the Norwegian School of Economics. Salbuvik is an independent business advisor and investor. He also serves as chair of the board , vice chair and board member in several companies. No. of shares (as at 31.12.25): 20.000

Pål Ahlsén - Board member

Board member in Entra since 2026. Degree in Economics from Stockholm Univ. Ahlsén is CEO of Castellum AB and has extensive experience from the property sector. Previously served as of Akelius Residential Property AB. Ahlsén is also a deputy Board member of Tobias Frick Fastighet. No. of shares (as at 21.04.26) : 0

Ewa Wassberg - Board member

Board member in Entra since 2024. Education: Bachelor’s degree from the School of Economics at the University of Gothenburg. Wassberg is the CFO and a member of the group management of Fastighets AB Balder. No. of shares (as at 31.12.25): 0

Henrik Käll - Board member

Board member in Entra since 2025. Education: Master of Economics from Uppsala University. He has been a member of the Board of Directors of Castellum AB since 2022 and is the Chair of the Board of Fxity AB and Garantum Fondkommission AB and previously a Director of Hoist Finance AB. No. of shares (as at 31.12.25): 0

Lena Apler - Board member

Board member in Entra since 2026. Degree in Economics from the Gothenburg School of Economics, SEB, Internal Higher Education. She is an experienced business leader and the founder of Collector Bank AB, now Norion Bank AB, and serves as Chair and Board member in several companies. No. of shares (as at 21.04.26) : 0

Bodil Palma Hollingsæter - Board member

Board member in Entra since 2026. Degree in Business Administration (NHH) and is a Chartered Financial Analyst. She is an experienced business leader with a broad background in banking and finance, public adm. and business development. She also has extensive board experience. No. of shares (as at 21.04.26) : 1.552

Christine Myrvold Jensen - Employee representative

Board member in Entra since 2026. Education: Bachelor’s degree in Tourism and Relationship Management from Norwegian College of Tourism and certified building operator. Myhrvold Jensen is currently employed as Operations Manager and serves as chief safety representative at Entra. No. of shares (as at 18.05.26): 604

Jørgen Schjelderup Mathiesen - Employee representative

Board member in Entra since 2026. Education: Master of Science in Engineering in Industrial Economics and Technology Management from the University of Agder. Mathisen is project manager in Entra. No. of shares (as at 3.6.26): 4.005

General meeting

The board shall arrange for as many shareholders as possible to be able to exercise their rights to participate in the company's general meeting, and for the general meeting to be an effective meeting place for shareholders and the board, through, among other things, ensuring that:

  • The notice and agenda documents for the general meeting, including the election committee's recommendations, are published on the company's website at the latest 21 days before the general meeting is to be held.

  • Agenda documents are sufficiently detailed for shareholders to be able to take a position on all matters that are to be considered.

  • The deadline for notice of attendance is to be set as close to the meeting as practically possible and in accordance with the provisions in the Articles of Association.

  • The board and the person chairing the meeting shall ensure that the general meeting is able to vote on each of the candidates for appointment to the company's governing bodies.

  • Representatives of the board, election committee and auditor attend the general meeting.

  • Routines are in place to ensure that the person chairing the general meeting is independent.

The Annual General Meeting of Entra ASA was held on April 21, 2026

 

Committees

Nomination committee

According to Entra’s articles of association the company shall have a nomination committee composed of up to five members. The members of the nomination committee, including the chair of the nomination committee, are elected by the general meeting for a period of up to one year. The nomination committee shall give its recommendation to the general meeting regarding election of shareholder-elected members to the board of directors and members of the nomination committee, as well as remuneration to members of the board of directors and the nomination committee.

Letter from the Nomination Committee January 2026

 

Contact the Nomination Committee

 Audit committee

The audit committee shall act as a preparatory body and support the board in the exercise of its responsibility relating to financial reporting, auditing, internal controls, compliance with ethical guidelines and overall risk management.

Members of the audit committee :

Widar Salbuvik (Chair)
Ewa Wassberg

 

Remuneration committee

The purpose of the remuneration committee is to act as a preparatory body for the board’s consideration of compensation issues.

Members of the remuneration committee:

Erik Selin (Chair)
Henrik Käll
Jørgen Schjelderup Mathiesen