Mowi ASA

Board/Management Information • Oct 25, 2016

Marine Harvest (OSE:MHG, NYSE: MHG): Organizational change in Marine Harvest's Group management

Marine Harvest (OSE:MHG, NYSE: MHG): Organizational change in Marine Harvest's Group management

Marine Harvest has decided to strengthen the management team within farming. Due

to biological challenges and succession plan for the current COO Farming, the

farming segment within Marine Harvest will be divided into two areas.

Per-Roar Gjerde has been appointed new COO Farming Norway and Chile. Per-Roar

Gjerde will be part of Marine Harvest's Group management team and report to the

CEO. Marit Solberg will continue to lead the farming activities in Scotland,

Canada, Ireland and Faroe Island. The organizational change will be effective

from 1 January 2017.

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

Economics (NHH), and has completed executive management courses including AFF in

Norway and at 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. In January 2016 he was appointed Managing Director for Marine

Harvest Chile and subsequently moved to Chile where he led the business

restructuring process. Gjerde will continue in his current position until his

replacement is in place.

Marine Harvest's Group management team, effective 1 January 2017, is as follows:

* CEO: Alf-Helge Aarskog

* CFO: Ivan Vindheim

* COO Farming Scotland, Canada, Ireland and Faroe Island: Marit Solberg

* COO Farming Norway and Chile: 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.