Grieg Seafood — Remuneration Information 2016

Mar 14, 2016

Grieg Seafood ASA: Grieg Seafood ASA: Mandatory Notification of Trade - synthetic share options

Grieg Seafood ASA: Grieg Seafood ASA: Mandatory Notification of Trade - synthetic share options

Primary insider Stewart Hawthorn, Regional Director in Grieg Seafood BC Ltd.,

has redeemed 50,000 synthetic share options in Grieg Seafood ASA at a redemption

rate of NOK 24.61. The settlement is paid in cash. The synthetic share option

program beneficiary is obliged to re-invest 50% of his proceeds from the program

in Grieg Seafood ASA shares. This obligation is enforced until the beneficiary

owns 100% of his gross annual salary. Stewart Hawthorn has after this 250.000

synthetic share options available in Grieg Seafood ASA.

Stewart Hawthorn is part of Grieg Seafood ASA's synthetic share option program,

and in this connection he has an obligation to hold shares in Grieg Seafood ASA.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

.

[HUG#1993880]