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Jan Erik Saugestad

Board Member elected by the shareholders

Jan Erik Saugestad is board member elected by the shareholders. Saugestad is the Executive Vice President in Storebrand Asset Management. He has long and broad experience from the financial sector including serving as Head of Research at Christiana Markets, Partner at Marsoft Capital and Sector Head Equities Energy/Shipping in Handelsbanken Markets. In 1999, he joined Storebrand Asset Management as Senior Portfolio Manager and was promoted to Chief Investment Officer in 2006. In 2015, he took on the position of Executive Vice President. Saugestad has an MBA and MSc from NTNU and an MBA from INSEAD in France.

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document which contain further details about the fund's characteristics and costs. The information can be found on www.skagenfunds.com. Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.

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