Share purchase by Marine Harvest shareholder elected Board members

With reference to stock notice of 9 May 2018 and partly remuneration of shareholder elected Board members in the form of shares.

All shareholder elected Board members of Marine Harvest have today purchased shares in the company as set forth below. The share purchases are pursuant to the recommendation from the Nomination Committee given to the General Assembly 30 May 2018.

The Nomination Committee is of the view that Directors on the Board of Marine Harvest should be encouraged to invest in shares in the company, which is also in line with the Norwegian Corporate Governance Code. Accordingly, all seven shareholder elected Board members have purchased shares for the equivalent NOK 60,042 each, in total NOK 420,295. The shares were purchased at market price at NOK 180.85 per share, equivalent to 332 shares each, and 2,324 shares in total.

The employee-elected members of the Board are entitled to participate in the annual share purchase program for employees, see note 14 in the Annual Report.

Following the share purchases, the shareholder elected Board members hold the following number of shares in Marine Harvest:

  Acquired shares New holding
Ole-Eirik Lerøy (Chairman) 332 1 500 332
Lisbet K. Nærø 332 332
Cecilie Fredriksen 1) 332 332
Kristian Melhuus 332 332
Paul Mulligan 332 332
Jean-Pierre Bienfait 332 332
Birgitte Ringstad Vartdal 332 332

1) Cecilie Fredriksen is a member of the class of Beneficiaries of the Trusts which indirectly control Geveran Trading Co Limited. Geveran Trading Co Limited owns 78,551,603 shares in the Company.

This information is subject to the disclosure requirements pursuant to section 4-1, 4-2 and 5-12 of the Norwegian Securities Trading Act.