Mowi ASA

Organizational change in Marine Harvest's Group management

Marit Solberg, COO Farming Canada, Scotland, Ireland and the Faroes, has decided

to retire effective 1 November 2018. For more than three decades Marit Solberg

has served in several key roles in Marine Harvest, and we would like to thank

her for her extensive contributions through all these years. Following Marit

Solberg's retirement Marine Harvest has decided to return to its original

management team structure of having one COO Farming position with global

responsibility.

Per-Roar Gjerde has been appointed new COO Farming for all farming operations.

Per-Roar Gjerde has been COO Farming for Norway and Chile since 1 January 2017.

Per-Roar Gjerde, born in 1967, is a graduate from the Norwegian School of

Economics and Business Administration (NHH), and has completed executive

management courses at Solstrand in Norway and Insead in France. He has extensive

experience within salmon farming and sales. He started his career as a

salesperson with Domstein Salmon. In 2002 Gjerde became controller for farming

at Fjord Seafood Norway, which became part of Marine Harvest in 2006. In 2007

Per-Roar Gjerde was appointed Regional Director for Region West, one of the four

business units of Marine Harvest Norway at that time. In January 2016 he moved

to Chile, was appointed Managing Director for Marine Harvest Chile and led the

business restructuring process there.

Marine Harvest's Group management team, effective 1 November 2018, is as

follows:

* CEO: Alf-Helge Aarskog

* CFO: Ivan Vindheim

* COO Farming: Per-Roar Gjerde

* COO Sales & Marketing: Ola Brattvoll

* COO Fish Feed: Ben Hadfield

* Global Director R&D: Øyvind Oaland

* Chief Strategy Officer: Glenn Flanders

* Global Director HR: Anne Lorgen Riise

* Communication Director: Kristine Gramstad Wedler

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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