SalMar ASA

Board/Management Information • May 16, 2017

SalMar - Atle Eide nominated to position as new board chair

SalMar - Atle Eide nominated to position as new board chair

The nomination committee of SalMar ASA has nominated Atle Eide to the position

as new chair of the board. Atle Eide has previously served as CEO of Marine

Harvest, and has held a number of top executive and board positions in

aquaculture and other globally-oriented Norwegian industries. Eide is a senior

partner in the private equity investment company HitecVision.

SalMar ASA's board comprises seven directors, two of whom are elected by

employees. In addition to Atle Eide, Therese Log Bergjord, Margrethe Hauge, and

Helge Moen are nominated as new board directors. The board of directors also

includes Kjell A. Storeide (reelected for two additional years in 2016).

The incumbent chairman, Bjørn Flatgård, who has served on SalMar's board for 15

years, announced in March that he was not seeking reelection (see stock exchange

release 2 March 2017). The board directors Bente Rathe and Tove Nedreberg have

also announced that they are stepping down from their positions on SalMar's

board. Nedreberg was reelected for additional two years in 2016, but has

communicated her desire to resign as board director due to other work-related

obligations.

SalMar's main shareholder, Gustav Witzøe, has also announced his intent to step

down as board member. As director of processing and sales, Witzøe is a member of

SalMar's management group. Witzøe served as the company's acting CEO over the

past winter.

"We are extremely pleased that Atle Eide has accepted the nomination to become

chair of SalMar's board of directors. He brings on board considerable industry

experience - and competence - and is also well acquainted with the company.

Along with the other board director candidates, he will provide SalMar with a

highly competent board, with broad industry development experience from the

aquaculture business, as well as from other sectors", said Helge Moen, chair of

the nomination committee.

Helge Moen, who is the CEO of Kverva, SalMar's main shareholder, will step down

from his current position as chair of the nomination committee.

The election of new board chair and directors takes place at SalMar's annual

general meeting 6 June 2017.

For further information:

Helge Moen, chair, nomination committee of SalMar ASA

+ 47 957 76 826

Web: www.salmar.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.