SalMar ASA

AGM Information • May 13, 2020

Shareholder's full name and address

INVITATION TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF SALMAR ASA

Shareholders of SalMar ASA are hereby invited to the AGM, to be held at 1pm CET on Wednesday, 3 June 2020 at SalMar's office in Trondheim (Brattørkaia 15B, 7010 Trondheim).

Important message:

To reduce the risk for spread of the coronavirus disease, and in accordance with the recommendations from the authorities, shareholders are asked to not participate physically at the meeting. In stead it is asked that the shareholders exercise their shareholder rights through electronic voting, proxy authorisation form or through the advance voting form.

The AGM will be called to order by Board Chair Atle Eide.

Once the meeting has been called to order, a list of attending shareholders and proxies will be presented.

Agenda:

• 1. Election of a person to chair the AGM and someone to co-sign the minutes along with the AGM chair
• 2. Approval of the invitation to attend the AGM and the proposed agenda
• 3. Presentation of the business
• 4. Approval of the financial statements and annual report for 2019 for SalMar ASA and the SalMar Group

The board's proposed income statement for 2019, balance sheet as at 31 December 2019 and accompanying notes for SalMar ASA and the SalMar Group, along with the reports of the board of directors and auditor, are included in the 2019 annual report. This is available from the company's website: www.salmar.no.

The board is proposing to not pay a dividend for the 2019 financial year. The decision was made after thorough assessments on the basis of the uncertainty that now prevails regarding the spread of coronavirus disease (Covid-19) and the consequences it may have for the entire value chain and a number of local communities along the coast. SalMar has a strong balance sheet and a low debt ratio. The Board's new dividend proposal is therefore exclusively linked to the national and global situation that has arisen and does not entail any change in the general dividend policy, with predictable payment of surplus liquidity as the foundation.

5. Approval of remuneration payable to members of the Board of Directors, the Nomination Committee and the Audit Committee

Please see the Nomination Committee's attached recommendation, which is also available from the company's website www.salmar.no.

6. Approval of the auditor's fees

The board proposes that the AGM approve the auditor's fee for the audit of the 2019 financial year totalling NOK 1,143,900 for the Group, of which NOK 211,000 relates to auditing of the parent company SalMar ASA.

7. The board's statement relating to corporate governance

Reference is made to the statement relating to corporate governance which was issued by the board on 2 April 2020, and which is included in the annual report for 2019 and available from the company's website www.salmar.no.

The board proposes that the AGM accept the statement as a matter of information.

8. Share-based incentive scheme for employees

The Board Chair will present the matter to the AGM.

The board proposes that the AGM pass the following resolution:

"The share-based incentive scheme for senior executives of SalMar shall be continued with a new programme. The programme may encompass incumbents of senior positions and key personnel within the Group. The programme entitles employees to receive shares free of charge. The entitlement accrues over three years. The value of the share entitlement granted to any individual employee may not exceed the equivalent of six months' salary. Accrual of 2/3 of this entitlement depends on the fulfilment of specified performance criteria. The maximum amount that the individual employee may accrue

under the various programmes in any one year is capped at the equivalent of one whole year's salary. The maximum number of shares in the programme may not exceed 250,000. The programme's overall recognised cost is estimated at NOK 62 million (when all performance criteria are fulfilled) distributed over three years.

The board is authorised to draw up more specific guidelines for the scheme, within the framework given."

9. Consultative vote on the board's guidelines for remuneration and other benefits payable to senior executives

In accordance with Section 6-16 (a) of the Public Limited Companies Act, the board has prepared a statement relating to remuneration and other benefits payable to senior executives for the 2020 financial year. A copy of the board's statement is attached. It is also available from the company's website www.salmar.no.

The AGM must hold a consultative vote on the board's guidelines for remuneration and other benefits payable to senior executives, with the exception of arrangements where the said remuneration relates to shares or developments in the price of the company's shares or that of other companies within the same group.

The board proposes that the AGM pass the following resolution:

"The AGM endorses point 3 of the board's statement relating to remuneration and other benefits payable to senior executives, except that which concerns item 10."

10. Approval of the board's guidelines for share-related incentive schemes for senior executives

Reference is made to the board's statement relating to remuneration and other benefits payable to senior executives for the 2020 financial year.

The AGM must hold a binding vote on the board's guidelines for remuneration and other benefits payable to senior executives relating to shares or developments in the price of the company's shares or that of other companies within the same group.

The board proposes that the AGM pass the following resolution:

"The AGM endorses point 3 of the board's statement relating to remuneration and other benefits payable to senior executives, which relates to the share-related incentive scheme."

11. Election of Directors

The Nomination Committee's recommendation is attached and will be made available from the company's website www.salmar.no before the AGM.

12. Election of Nomination Committee members

The Nomination Committee's recommendation is attached and will be made available from the company's website www.salmar.no before the AGM.

13. Resolution authorising the board to raise the company's share capital

The AGM held on 5 June 2019 authorised the board to increase the company's share capital to finance investments and the acquisition of businesses by means of cash issues and contributions in kind. This authorisation is valid until the 2020 AGM, and the board proposes that the authorisation be renewed.

Given the purpose of the authorisation the board may need to waive existing shareholders' preference rights, which is permitted under the terms of the authorisation.

With reference to the above, the board proposes that the AGM pass the following resolution:

• I. Pursuant to Section 10-14 of the Public Limited Companies Act the board is authorised to raise the company's share capital by up to NOK 2,832,000 through the issue of up to 11,328,000 new shares, each having a face value of NOK 0.25. This authorisation may be exercised several times within this overall amount.
• II. The board may decide that shareholders' preference rights with respect to the new shares may be waived.
• III. The authorisation also covers the raising of capital through contributions of assets other than money, etc, and the right to allow the company to assume specific liabilities, cf. Section 10-2 of the Public Limited Companies Act, and to raise capital in the event of a merger pursuant to Section 13-5 of the Public Limited Companies Act.
• IV. The authorisation is valid until the 2021 AGM or 30 June 2021 at the latest.
• V. The board is authorised to make such amendments to the Articles of Association as are necessary in connection with the share capital increase.

14. Resolution authorising the board to buy back the company's own shares

The AGM of 5 June 2019 authorised the board to buy back shares in the company up to a limit of 10 per cent of existing share capital. This authorisation may be used to buy back company shares to meet liabilities associated with share-based incentive schemes for senior executives and as a tool to return funds to the company's shareholders. The board proposes that the authorisation be renewed.

With reference to the above, the board proposes that the AGM pass the following resolution:

• I. Pursuant to Section 9-4 of the Public Limited Companies Act, the board is authorised to purchase up to 10,950,589 of the company's own shares with a combined face value of NOK 2,737,714.25
• II. The amount payable per share shall be not less than NOK 1 and not more than NOK 600.
• III. The board is free to determine how the shares should be purchased or disposed of.
• IV. Transactions with shareholders undertaken on the basis of this authorisation shall comply with ordinary principles of non-discrimination.
• V. The authorisation is valid until the 2021 AGM or 30 June 2021 at the latest.

15. Resolution authorising the board to take out a convertible loan

The board of directors proposes that it be authorised to take out a convertible loan to enable the company to make use of such financial instruments at short notice as part of its overall financing capability.

The board proposes that the authorisation apply to a loan amounting in total to NOK 2,000,000,000. The capital increase deriving from conversion may not exceed NOK 2,832,000. The board proposes that the authorisation be seen in connection with the authorisation granted under item 13, such that the total number of shares for both authorisations shall not exceed 10 per cent of the total number of shares in the company.

With reference to the above, the board proposes that the AGM pass the following resolution:

• I. Pursuant to Section 11-8 of the Public Limited Companies Act, the board is authorised to take out a convertible loan with a total principal of up to NOK 2,000,000,000.
• II. In connection with the conversion of any loan taken out under this authorisation, the company's share capital may be increased by up to NOK 2,832,000, though consideration shall be given to any capital increases under the authorisation to raise the company's share capital referred to in item 13, such that the total share capital increase for both authorisations taken together may not exceed 10 per cent of the share capital.
• III. Shareholders' preference rights pursuant to section 11-4, cf. section 10-4, of the Public Limited Companies Act may be waived.
• IV. The authorisation is valid until the 2021 AGM or 31 June 2021 at the latest.

*****

The invitation to attend the AGM and all attachments are also available from the company's website.

Important message:

To reduce the risk for spread of the coronavirus disease, and in accordance with the recommendations from the authorities, shareholders are asked to not participate physically at the meeting. In stead it is asked that the shareholders exercise their shareholder rights through electronic voting, proxy authorisation form or through the advance voting form..

Shareholders who wish to attend the AGM are requested to send in the attached attendance form to the company's business manager no later than 3pm CET on Friday, 29 May 2020. Notice of attendance may also be sent electronically via the company's website from 13 May 2020.

Shareholders who do not wish to attend the AGM in person are entitled to be represented by a proxy. In that case a written, dated power of attorney must be presented. Shareholders are requested to send their power of attorney to the company's business manager no later than 3pm CET on Friday, 29 May 2020. Attached is a proxy form, which may also be used to appoint the Board Chair or such person as he may nominate, as proxy.

Shareholders who do not attend the AGM in person may vote in advance of the AGM. In that case, please use the advance voting form.

The advance voting form must be sent to the company's business manager no later than 3pm on Friday, 29 May 2020.

As at the date of this notice, SalMar ASA has a share capital of NOK 28,324,999.75 divided between 113,299,999 shares, each having a face value of NOK 0.25. Each share entitles the holder to one vote at the company's general meetings. As at the date of this notice, the company held 377,141 treasury shares.

Shareholders have the following rights with respect to the AGM:

• The right to attend the AGM, either in person or by proxy.
• The right to address the AGM.
• The right to bring one advisor and grant this person the right to speak.
• The right to demand information of board members and the CEO in accordance with Section 5-15 of the Public Limited Companies Act.
• The right to table issues for deliberation by the AGM, provided they are presented in writing to the board of directors in such good time that they may be included in the invitation to attend the AGM. If notification of the AGM has already been distributed, a new invitation shall be sent out if there are at least two weeks left before the AGM is due to take place.

Further details relating to these rights are available from the company's website www.salmar.no.

Frøya, 13 May 2020, for the Board of Directors of SalMar ASA

Atle Eide, Chair

Attachment 1 – Attendance form, proxy authorisation form and advance voting form

Attendance and proxy authorisation forms, including pre-printed name and reference number, are sent by post to shareholders along with the invitation to attend the AGM and other attachments.

ATTENDANCE FORM

Shareholder: Reference no: PIN code:

If you would like to attend the annual general meeting, please return this form to Nordea Bank Abp, branch in Norway, Issuer Services, PO Box 1166 Sentrum, 0107 Oslo, Norway. Fax: +47 2236 9703. Email: issuerservices.no@nordea.com. You can also register your intention to attend at www.salmar.no from 13 May. Notification of attendance must be in Nordea's hands no later than 3pm CET on Friday, 29 May 2020.

I/we the undersigned shareholder(s) will attend the annual general meeting of SalMar ASA, to be held at 1pm on Wednesday, 3 June 2020 at the company's office in Frøya (Brattørkaia 15B, 7010 Trondheim) and

vote for my/our shares.

vote for shares in accordance with the attached authorisation(s)

Date & Place Name (block letters) Shareholder's signature (if attending in person)

____________________ __________________________ ____________________

PROXY AUTHORISATION FORM

Shareholder: Reference no:

If you yourself are unable to attend the AGM, this authorisation may be used by the person you elect to represent you. The authorisation must be in the hands of Nordea Bank Abp, branch in Norway no later than 3pm CET on Friday, 29 May 2020. You may also register your intentions online at www.salmar.no by the same deadline, starting on 13 May.

Nordea Bank Abp, branch in Norway, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo. Fax: +47 2236 9703. Email: issuerservices.no@nordea.com.

I/we the undersigned shareholder(s) of SalMar ASA do hereby authorise:

Board Chair: Atle Eide

Other (name)………………………………………………….

to attend SalMar ASA's AGM on Wednesday, 3 June 2020 and vote on behalf of my/our shares.

______________________ ___________ __________________________________

Place
-------

Place Date Shareholder's signature (To be signed only when authorising a proxy)

PROXY AUTHORISATION WITH VOTING INSTRUCTIONS

Shareholder: Reference no:

This form must be used if you wish to issue your proxy with voting instructions. The items listed in the proxy instructions below reflect the items specified on the AGM's agenda. You may send this proxy authorisation with voting instructions to your designated proxy. Alternatively, you may send the proxy authorisation without inserting the name of your proxy, in which case the proxy is deemed to have been granted to the Board Chair or such person as he may nominate.

The proxy authorisation must be sent by post or fax to Nordea Bank Norge AB, Issuer Services, PO Box 1166 Sentrum, 0107 Oslo, Norway. Fax: +47 2236 9703. Email: issuerservices.no@nordea.com. The proxy authorisation must be registered with Nordea no later than 3pm CET on 29 May 2020. From 13 May until the deadline specified above, registration may also be made via www.salmar.no.

I/we the undersigned do hereby authorise (check the appropriate box)

Board Chair Atle Eide

__________________________ (Proxy's name in block letters)

to attend the AGM on 3 June 2020 and vote on behalf of my/our shares.

The designated proxy shall vote in accordance with the instructions given below. Note that any unchecked agenda item, will be considered an instruction to vote "for" the proposal as stipulated in the invitation. The above notwithstanding, the proxy may determine how to vote to the extent that proposals are tabled in addition to or in replacement of the proposals stipulated in the invitation.

	Agenda AGM 2020	For	Against	Abstain
1	Election of a person to chair the AGM and someone to co-sign the minutes along with the AGM chair.
2	Approval of invitation to attend the AGM and the proposed agenda
3	Presentation of the business		N/A	N/A
4	Approval of the financial statements and annual report for 2019 for SalMar ASA and the SalMar Group
5	Approval of the remuneration payable to members of the Board of Directors, Nomination Committee and Audit Committee
6	Approval of the auditor's fees
7	The board's statement relating to corporate governance
8	Share-based incentive scheme for employees
9	Consultative vote on the board's guidelines for remuneration and other benefits payable to senior executives
10	Approval of the board's guidelines for share-related incentive schemes for senior executives
11	Election of Directors:
	Election of Tonje E. Foss
	Election of Leif Inge Nordhammer
	Election of Linda L. Aase
12	Election of Nomination Committee members
	Re-election of Endre Kolbjørnsen
13	Resolution authorising the board to raise the company's share capital
14	Resolution authorising the board to buy back the company's own shares
15	Resolution authorising the board to take out a convertible loan

_____________________ __________ _____________________________

Place Date Shareholder's signature (to be signed only when authorising a proxy) If the person signing is doing so in accordance with a power of attorney, documentation in the form of a company certificate or authorisation must be attached.

If voting instructions have been given, the following applies:

• In matters relating to the election of individuals, the Nomination Committee's recommendation is deemed to be the tabled proposal.
• If "For" has been checked, this instructs the proxy to vote for the proposal as presented in the invitation, with any changes which the board and the board's chair may propose. In the event of any changes in relation to the proposals presented in the invitation, the proxy may decide for himself/herself whether to abstain from voting.
• If "Against" has been checked, this instructs the proxy to vote against the proposal as presented in the invitation, with any changes which the board and the board's chair may propose. In the event of any changes in relation to the proposals presented in the invitation, the proxy may decide for himself/herself whether to abstain from voting.
• If "Abstain" has been checked, this instructs the proxy to abstain from voting.
• If none of the alternatives has been checked, the proxy is free to decide how to vote.
• With respect to issues which are not presented in the invitation, but which are lawfully raised at the AGM and for which a vote is required, the proxy is free to decide how to vote. The same applies to votes relating to formal issues, eg election of AGM chair, order of voting or voting procedure.
• If the shareholder has selected a proxy other than the board chair and wishes to give that person instructions with respect to voting, that is a matter between the shareholder and the proxy in which the company has no part. In such circumstances the company assumes no liability for verifying whether the proxy votes in accordance with the instructions given.

ADVANCE VOTING FORM

Shareholder: Reference no:

If you are not attending the AGM in person, you can cast your vote in advance. This form must be used if you wish to vote in advance. The items listed in the form below reflect the items specified on the AGM's agenda.

The proxy authorisation must be sent by post or fax to Nordea Bank Norge AB, Issuer Services, PO Box 1166 Sentrum, 0107 Oslo, Norway. Fax: +47 2236 9703. Email: issuerservices.no@nordea.com. Shareholders may also cast their votes in advance via www.salmar.no. The advance voting form must be registered with Nordea no later than 3pm CET on 29 May 2020.

The votes will be cast in accordance with the instructions given below. Note that any unchecked agenda item, will be considered an instruction to vote "for" the proposal as stipulated in the invitation.

	Agenda AGM 2020	For	Against	Abstain
1	Election of a person to chair the AGM and someone to co-sign the minutes along with the AGM chair.
2	Approval of invitation to attend the AGM and the proposed agenda
3	Presentation of the business		N/A	N/A
4	Approval of the financial statements and annual report for 2019 for SalMar ASA and the SalMar Group
5	Approval of the remuneration payable to members of the Board of Directors, Nomination Committee and Audit Committee
6	Approval of the auditor's fees
7	The board's statement relating to corporate governance
8	Share-based incentive scheme for employees
9	Consultative vote on the board's guidelines for remuneration and other benefits payable to senior executives
10	Approval of the board's guidelines for share-related incentive schemes for senior executives
11	Election of Directors:
	Election of Tonje E. Foss
	Election of Leif Inge Nordhammer
	Election of Linda L. Aase
12	Election of Nomination Committee members
	Re-election of Endre Kolbjørnsen
13	Resolution authorising the board to raise the company's share capital
14	Resolution authorising the board to buy back the company's own shares
15	Resolution authorising the board to take out a convertible loan

On behalf of my shares, I, the undersigned, do hereby cast my votes in advance of SalMar ASA's AGM on 3 June 2020.

_____________________ __________ ______________________________

Place Date Shareholder's signature

STATEMENT REGARDING THE DETERMINATION OF SALARY AND OTHER BENEFITS PAYABLE TO SENIOR EXECUTIVES OF SALMAR ASA FOR 2020

1. INTRODUCTION

Pursuant to section 6-16a of the Public Limited Companies Act, the board of directors of SalMar ASA (the Company) has issued the following statement containing guidelines for the determination of salary and other benefits payable to the Company's CEO and other senior executives (collectively termed "senior executives") in the 2020 financial year. The statement was approved by the board of directors of SalMar ASA on 2 April 2020. In accordance with the provisions of sections 6-16a and 5- 6(3), the guidelines will be submitted to SalMar ASA's Annual General Meeting (AGM) on 3 June 2020 for a consultative vote, with the exception of clause 3 "Share-based incentive schemes", which will be submitted to the AGM for approval.

The guidelines in clause 3 "Share-based incentive schemes" are binding on the board. The remaining guidelines are not binding, though any deviations therefrom must be decided by the board. In the event of any such decision, the reason for deviating from the guidelines must be noted in the board meeting's minutes.

2. DECISION-MAKING AUTHORITY

The board of directors determines the salary and other benefits payable to the CEO. The CEO determines the salary and other benefits payable to other senior executives. The board shall exercise general oversight of the remuneration paid to other senior executives, and may issue more specific guidelines for the remuneration of other senior executives in addition to those presented below. If the CEO wishes to offer remuneration to senior executives that exceeds such more specific guidelines, a proposal therefor shall be submitted to the board of directors for approval.

3. GUIDELINES FOR REMUNERATION IN THE 2020 FINANCIAL YEAR

The Company's senior executive remuneration policy is based on the following main principles:

• Executive salaries shall be competitive
• Executive salaries shall be motivating

On the basis of these main principles, the board has drawn up the following remuneration structure for the company's senior executives.

Basic salary

Basic salary is the main element in the executive's compensation package. Basic salary shall correspond to the going rate in the market, and shall reflect the individual position's duties and level of responsibility.

Bonus

SalMar has a bonus scheme for group management that is determined by the board of directors. The board carries out an annual assessment of the scheme and determines the bonus criteria for the coming year. Variable salary increments under the scheme may not exceed 33% of the individual executive's basic salary. Within this framework, individual bonuses are determined on the basis of an overall assessment of contribution, performance, development and results achieved.

Share-based incentive schemes

SalMar has a share-based incentive scheme for senior executives in the Group. The first such programme was approved by the AGM on 4 June 2014. The programme encompasses incumbents of senior positions and key individuals within the Group. The programme entitles the employee to receive shares free of charge. This entitlement accrues over a three-year period. The individual employee may be awarded share entitlements worth the equivalent of 6 months' salary. Accrual of 2/3 of the entitlements depends on the achievement of predefined performance criteria. The value of the shares released under the various programmes in an individual year may not exceed one full year's salary.

The intention is that the incentive scheme shall be continued with the establishment of annual programmes. The board will adjust these annual programmes as it deems necessary, and each individual programme will be submitted to the AGM for approval. A total of three programmes are in effect in 2020.

Pension schemes

Members of group management participate in the Group's general pension scheme. The scheme is a defined contribution plan and lies within the framework stipulated in the Mandatory Occupational Pensions Act.

Notice and severance pay

In principle, senior executives must serve a 6-month period of notice. In selected cases, and depending on the position, severance pay of 6 to 12 months may be paid.

Benefits-in-kind

The Company shall not offer benefits-in-kind over and above these which are normal for senior executives in comparable companies.

Other variable elements of remuneration

In addition to that stipulated above, the Company may not offer senior executives any variable elements in the remuneration they receive or special benefits that supplement their basic salary.

4. REMUNERATION POLICY FOR THE 2019 FINANCIAL YEAR

The Company's senior executive remuneration policy for the 2019 financial year has been carried out in accordance with the statement for 2019 adopted by the AGM on 5th of June 2019.

THE NOMINATION COMMITTEE'S RECOMMENDATION TO THE ANNUAL GENERAL MEETING 2020

SalMar ASA's Nomination Committee has been comprised as follows:

• Bjørn M. Wiggen, Chair
• Anne Kathrine Slungård
• Endre Kolbjørnsen

Since the 2019 AGM, the Nomination Committee has held five meetings.

In connection with SalMar ASA's AGM on 3 June 2020, the Nomination Committee has issued the following unanimous recommendation:

1. Election of board members

• Pursuant to the company's current articles of association, the board of directors shall comprise five to nine members. At present, the board comprises six members, of whom two are employee representatives.
• The seats on the board held by Kjell Storeide and Helge Moen are up for election. Trine Danielsen has previously resigned from her position as board member.
• Storeide and Moen have notified the Nomination Committee that they would not like to seek re-election, and the Nomination Committee unanimously recommends for election Tonje E. Foss, Leif Inge Nordhammer and Linda L. Aase as new board members in SalMar. The candidates background are described in enclosed appendix.
• In its assessment of the composition of the Board, the Nomination Committee has emphasized the interests of the shareholder community and the company's need for competence, experience and capacity.
• It is proposed that the candidates be elected for a term of two years.

2. Election of members of the Nomination Committee

• Of the Nomination Committee's three members, the seat held by Endre Kolbjørnsen is up for election this year.
• The Nomination Committee recommends that Endre Kolbjørnsen be re-elected for a period of two years.

3. Remuneration payable to elected company representatives

The Nomination Committee recommends the following remuneration be paid to elected company representatives for the period June 2020–June 2021 (figures in parentheses apply to the previous period):

Board of Directors:

-	Chair:		NOK 450,000		(NOK 420,000)
-	Board member:		NOK 250,000		(NOK 225,000)
-	Employee representative:		NOK 125,000		(NOK 112,500)
	Audit and Risk Committee:
-	Chair Audit and Risk Committee:	NOK	100,000	(NOK	90,000)
-	Member Audit and Risk Committee:NOK		70,000	(NOK	60,000)
Nomination Committee
-	Chair Nomination Committee:	NOK	40,000	(NOK	40,000)
-	Member Nomination Committee:	NOK	25,000	(NOK	25,000)

Trondheim, 12 May 2020

Bjørn M. Wiggen, Chair of the Nomination Committee

The nomination committee's recommendation for candidates to the board in SalMar in non-ranked order.

CANDIDATE 1 Leif Inge Nordhammer, Owner, LIN AS

Born: 1958

EXPERIENCE:

• SalMar, CEO, from 1996-2016, with leave from Nov. 11- Jan. 14
• Frøya Fiskeindustri/Hydro Seafood, Head of Farming
• Sparebanken Midt-Norge, Responsible for aquaculture and fisheries', 7 years
• E. Boneng & Sønn on Frøya
• Norwegian armed forces

EDUCATION:

• University in Trondheim, Institute for economics, 1 year
• Trondheim Business School, 3 years

BOARD EXPERIENCE / OTHER:

▪	Chairman of the board in:	LIN AS
		Norskott Havbruk AS
		Scottish Sea Farms Ltd.
		Frøyaringen AS
▪	Board member in:	Kverva AS
		Scale Aquaculture AS
		Abyss Group AS
		Rosenborg Ballklubb/Rosenborg Sport AS

CANDIDATE 2 Tonje E. Foss, Strategydirector, Enova SF

Born: 1971

EXPERIENCE:

• Atea Norge AS, Regiondirector for region north/Director for business development, 3 years
• Det norske oljeselskap ASA, different positions:
  • Project Control Manager Ivar Asen/ Commercial Manager, Singapore/ Contract & Procurement Manager, Singapore og UK/Supply Chain Manager/Contract Manager
  • Total 14 years
• Corrocean, Project Manager, 1 year
• Schlumberger Oilfield Services AS, Contract manager, 2 years
• Kværner Oil & Gas AS, Responsible for follow-up of contracts, 3 years

EDUCATION:

• University in Stavanger, MSc. within "Petroleum economy"
• Sør-Trøndelag university college, construction engineer

BOARD EXPERIENCE / OTHER:

• 2018- Board member Sparebank1 SMN
• 2012-2014 Board member Det norske oljeselskap ASA
• 2007 2013 Board member Buestiftelsen

CANDIDATE 3 Linda L. Aase, Executive VP Brownfields Projects / Konserndir., Aker Solutions ASA

Born: 1966

EXPERIENCE:

• Aker Solutions, different positions:
  • Senior VP Major Modification Projects/ Senior VP MMO, 6 years
• Rolls-Royce Marine AS, ulike stillinger:

  - Senior VP Ship Tech og Offshore Systems/Senior VP for Seismic & Subsea/VP and Site Director, Director Quality/HSE/ICT/Real Estates Operation and Maintenance ▪ Total 10 years

• Prosafe Drilling Services AS, ulike stillinger: ▪ Assistant Operational Manager/Head of Quality
  • Total 5 years
• Positions in different companies:
  • Grøner Inspection & Materialtechnology AS, Scana Steel AS, Norske Fabricom AS and Mandal Stål AS
  • Total 9 years

EDUCATION:

• NHH, Business Graduate in Economics and Macro Economics
• NFKR, European Audit Leader
• BI, Management Competence at Board Level, Project Management and Project Administration
• NTNU (NTH), Master of Science in Material Technology

BOARD EXPERIENCE / OTHER:

• 2017 Styremedlem, Enova SF
• 2017 Styremedlem, Aker Powergas Pvt. Ltd, India
• 2016 Styreleder, Aker Solutions AS
• 2015 2017 Styreleder, NSO (NHO Næringslivets Sikkerhets Organisasjon)
• Sertifisert Coach fra Ringom Instituttet,
• Green Belt /Six sigma Lean fra Rolls-Royce Improvement Education