AKVA Group - Board/Management Information 2019

AKVA group ASA: Hallvard Muri resigns as CEO

The Board of Directors of AKVA group ASA (AKVA) announce that Hallvard Muri

resigns from his position, with effect as of today. Mr. Muri has held the

position since 4 November 2016.

Mr. Muri states: "After serving as CEO for three years, I believe it is time to

pass on the leadership of AKVA, and let others take on the challenge developing

AKVA further. AKVA is a great company with a strong position, and potential for

the future. I would like to thank the Board of Directors, the management team

and all the employees for the time I have had in the company, and I wish them

all the best for the future".

The Board of Directors further announce that the Chairperson of the Board, Knut

Nesse, is appointed as interim CEO, with immediate effect. To allow for this,

Mr. Nesse will resign from the Board of Directors. The Board of Directors has

elected Hans Kristian Mong as the new Chairperson, also with effect from today.

Mr. Mong states: "AKVA has grown strongly and gone through a positive

development the last three years, and on behalf of the Board of Directors, I

would like to thank Mr. Muri for his continued dedication and hard work in this

period".

Dated: 4 November 2019

AKVA group ASA

Web: www.akvagroup.com

CONTACT:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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