Mowi ASA

Remuneration Information • Jun 21, 2019

Share purchase by Mowi ASA's Board members

Share purchase by Mowi ASA's Board members

With reference to stock notice of 7 May 2019 and partly remuneration to Mowi

ASA's Board members in the form of shares.

All Board members of Mowi have today purchased shares in the company as set

forth below. The share purchases are pursuant to the recommendation from the

Nomination Committee which was adopted by the General Assembly on 29 May 2019.

The Nomination Committee is of the view that Directors on the Board of Mowi

should be encouraged to invest in shares in the company, which is also in line

with the Norwegian Code of Practice for Corporate Governance. Accordingly, all

Board members have purchased shares for the equivalent of NOK 59,985 each, in

total NOK 599,848. The shares were purchased at a market price of NOK 204.03 per

share, equivalent to 294 shares each and 2,940 shares in total.

Following the share purchases the Board members hold the following number of

shares in Mowi:

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Acquired shares New holding

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Ole-Eirik Lerøy (Chairman) ((1)) 294 1 500 626

Lisbet K. Nærø 294 626

Cecilie Fredriksen ((2)) 294 626

Kristian Melhuus 294 626

Paul Mulligan 294 626

Jean-Pierre Bienfait 294 626

Birgitte Ringstad Vartdal 294 626

Unni Sværen 294 898

Anders Sæther 294 445

Jørgen Wengaard 294 445

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1) Framar, a company owned by Ole-Eirik Lerøy, and Sterna Finance Ltd, which is

indirectly controlled by trusts established by John Fredriksen for the benefit

of his immediate family, have as previously disclosed entered into a consultancy

agreement. In this connection Sterna has granted Framar an option to acquire,

under certain terms and conditions, 750,000 shares in Mowi. See Mowi's Annual

Report 2018 for complete disclosure.

2) Cecilie Fredriksen is a member of the class of Beneficiaries of the Trusts

which indirectly control Geveran Trading Co Limited. Geveran Trading Co Limited

owns 74,551,603 shares in Mowi ASA and hold TRS agreements with underlying

exposure of 4,000,000 shares.

This information is subject to the disclosure requirements pursuant to section

4-1, 4-2 and 5-12 of the Norwegian Securities Trading Act.