LARS-ERIC JOHANSSON

Lars-Eric Johansson has been the President and Chief Executive Officer of Ivanhoe Mines since May 2007. He has over 35 years experience in the mining industry. Before joining Ivanhoe Mines Mr. Johansson was Executive Vice President and Chief Financial Officer of Kinross Gold Corporation from June 2004 to April 2006 and prior to that he was Executive Vice President and Chief Financial Officer of Noranda Inc. from May 2002 to November 2003. He was Senior Vice President and Chief Financial Officer of Falconbridge Limited from September 1989 to May 2002. Before moving to Falconbridge Limited in September 1989, Mr. Johansson was Vice President and Chief Financial Officer of Boliden AB, at the time a subsidiary of Trelleborg AB.

During his career in the mining industry, Mr. Johansson has been involved in the financing and development of a number of international mining projects and acquisitions, such as the Collahuasi copper project in Chile and the Antamina copper and zinc project in Peru, as well as the joint acquisition of Falconbridge Limited by Noranda Inc. and Trelleborg AB in 1989.

Since 2006, Mr. Johansson has been a director of Canadian Solar Inc. of Suzhou, China, a solar energy company listed on NASDAQ. Mr. Johansson also served as the Lead Independent director of Harry Winston Diamond Corporation (previously Aber Diamond Corporation) from June 2003 to June 2008. He served as a director of each of Golden Star Resources Ltd., from July 2006 to May 2010, Tibron Minerals Ltd., from March 2004 to February 2008, Niocan Inc., from May 2006 to August 2011, and Novicourt Inc., from June 2002 to January 2004, as well as a number of private companies affiliated with Falconbridge and Noranda.

Mr. Johansson graduated as a civilekonom from the Gothenburg School of Economics in 1970, specializing in Accounting and Finance.