Loki gloats to an imprisoned Sif about his conquest of Asgard. He reveals that he plans to execute Thor. Later, Karnilla Queen of the Norns confronts Loki to demand the release of Balder. Loki avoid her due to his youthful resentment of Balder and his popularity. Meanwhile a mysterious figure travels from Jotunheim to Asgard in search of Loki.