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2016-10-25

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.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marine Harvest ASA via Globenewswire

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