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Grieg Seafood ASA: Notice on change of leadership in Grieg Seafood ASA

CEO Morten Vike in Grieg Seafood ASA has notified the board that he will resign as managing director in the company with immediate effect. He has been in the position of CEO for the last 6 years, and has contributed to a development of the company's 4 regions in Finnmark, Rogaland, Scotland and Canada, and has been central in the establishment of Ocean Quality AS, one of Europe's leading salmon distributors, and has guided the company to increasing its turnover by more than NOK 1 billion to NOK 2.4 billion.

The board would like to thank Morten Vike for his efforts during these years, and wish him luck in his future career. He will be available for the company during his termination period.

The chairman of the board, Mr. Per Grieg jr, will join the company as working Chair, at the same time as CFO Atle Harald Sandtorv will be constituted for an interim period as managing director. Per Grieg jr. has held the CEO position earlier for 10 years, and represents the Grieg Group as owners with about 55% of the company's shareholding. Search for Morten Vike's successor will start immediately.

For further information about the company, please contact:

per.grieg@grieg.no - mobile +47 908 31 648.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.