Born: 1983

Position: Chief Executive Officer since 2023

Employed since: 2019 (Chief Financial Officer between 2019-2023)

Professional experience: More than 15 years of experience within various finance and commercial roles. Joined OXE Marine AB from the position of Business Controller within Group Finance at Lindab Group, started career with Deloitte in South Africa.

Main qualifications: Chartered Accountant, CA(SA), Bachelor of Accounting from the University of the Witwatersrand, South Africa and Master in Business Administration from the University of Gävle, Sweden.

Holding: 400 000
Qualified employee stock options: 1 089 123

Born: 1983

Position: Chief Technical Officer since 2023

Employed since: 2018

Experience and Professional background:

• 20 years+ of mechanical experience.
• 18 years of marine engine experience.
• 10 years+ of Engine development.
• 15 years of belt propulsion experience, part of the Napkin to-production journey.
• 10 years of customer support and P&A sales.
• Experience from Production, Field service, KAM, and Governmental usage within the marine market.

Holding: 3 000

Born:1965

Employed since January 2025.

Over 35 years experience in a variety of disciplines on the front edge of technology:

• 15+ years of technical marine experience
• 15+ years of development, commercialization and launch of new products
• 10+ years of manufacturing experience with fortune 500 company
• 15+ years of business development and product management experience
• Relationship sales approach that prioritizes building long‑term trust, understanding customer needs, and creating value-driven partnerships instead of one‑time deals
• MBA in Executive management and technical diploma

Shane brings leadership experience spanning technology strategy, operations, architecture, innovation, revenue‑driving sales, marketing, with alignment across the full technology and commercial ecosystem.

Shane joined OXE Marine in January 2025 as the Director, Business Development and shortly thereafter was give the responsibility of the Global P&A business. Shane most recently, effective January 1, 2026, has accepted the role of CCO.

Chairman of the Board since 2022

Independent

Born: 1972

Professional experience: Jonas Wikström has extensive experience in the finance industry where he was a fund manager at Catella Fondförvaltning, the founder and CEO for WR Capital and from leading positions at ABG Sundal Collier and Alfred Berg. Jonas has been a board member of OXE Marine AB since 2021

Other Board memberships: Chairman of Ramblin Brands Ltd., Board member of Hansa Biopharma AB

Main qualifications:  BSc, University of Uppsala and Certified Financial Analyst, Handelshögskolan Stockholm.

Holding: 34 555 940, direct and indirect holdings.
Warrants: 0

Board member since 2022

Dependent

Born: 1966

Professional experience: More than 13 years leading the Outdoor Network group of companies, first as their CFO and as CEO since 2011. Managed the growth of Outdoor Network’s vertically integrated eCommerce, distribution, and customer service entities from fledgling businesses to being named by Newsweek’s independent research as “Best Online Shops – 2020” for both www.boats.net and www.partzilla.com. Managed the strategic growth of dealership operations in both the marine and powersports segments.

Martin also has seven years of experience as a consultant implementing Enterprise Resource Planning (ERP) Systems, and focused on process improvement and optimization. Implemented distribution, manufacturing, project accounting, service management and financial accounting systems for many companies. Designed software customizations to ERP systems. Managed custom software development and implementation.

Main qualifications: Entrepreneur with more than 35 years of experience in business operations with a focus on system implementation and optimization, distribution, dealership operations, and financial accounting. Bachelor of Accounting from the University of Tampa, US.

Shares:

• Through Powersports Plus LLC: 46,719,962
• Through Polo Logistics LLC: 5,000,000
• Martin Polo indirectly holds shares via PSP Stockholm AB which holds 71,719,962 shares
• Warrants: 0

Board member since 2019

Independent

Born: 1972

Professional experience: International business,  Product developing, Sales, Change management,  CEO positions for the global arena in Dellner Group from 2006 to 2013. Board positions for over 15 years.

Main qualifications: Leading with energy on a global arena,  Strategic sales and product development together with change management.

Shares: 0
Warrants: 0