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Grieg Seafood ASA: Board's approval of final accounts 2017 and proposal for dividend, NOK 2.00 per share.

The board has in a board meeting today, 17 April 2018, approved the annual accounts including the sustainability report for 2017. Profit before tax is MNOK 798 and the profit after tax is
MNOK 601. There are no significant changes from the preliminary report (Q4 report).

An electronic version of the annual report and sustainability report will be available on the company's web page 19 April 2018.

In the preliminary report (Q4 report) presented on 15 February 2018 it was informed that the board would return with its recommendation for the size of the dividend. The board has today 17 April 2018 proposed a dividend of NOK 2.00 per share (111,662,000 shares, of which treasury shares 1,250,000) based on the 2017 financial statements. The Annual General Meeting is scheduled to 12 June 2018, and given approval, the shares will be quoted ex-dividend from 13 June 2018.

The board has resolved to request that the authorisation provided by the Annual General Meeting in 2017 to pay additional dividend later in the year, is carried over.

For further information, please contact:
- CEO Andreas Kvame (cell phone: +47 907 71 441)
- CFO Atle Harald Sandtorv (cell phone: +47 908 45 252)

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