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SalMar ASA (SALM.OL)

SALM.OL on Oslo Stock Exchange

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Summary

Name Age Since Current Position

Atle Eide

60 2017 Chairman of the Board

Trond Williksen

54 2017 President, Chief Executive Officer

Trond Tuvstein

45 2013 Chief Financial Officer

Gustav Witzoe

64 2017 Director of Processing and Sales

Tom Aleksandersen

46 2017 Director Strategy, HSE and Quality

Olav-Andreas Ervik

41 2014 Director Farming

Ulrik Steinvik

43 2017 Director Business Support

Geir Berg

2015 Director, Employee Representative

Margrethe Hauge

46 2017 Director

Helge Moen

2017 Director

Brit Soleng

2017 Director, Employee Representative

Kjell Storeide

65 2008 Independent Director

Runar Sivertsen

Head of Investor Relations

Biographies

Name Description

Atle Eide

Mr. Atle Eide has been Chairman of the Board at SALMAR ASA since June 6, 2017. Mr. Eide holds the position as senior partner in HitecVision. From 2003 to 2007, he was the CEO of Marine Harvest ASA and one of its predecessors Pan Fish ASA. Mr. Eide’s previous work experience includes the CEO position of a number of listed and unlisted companies. Mr. Eide has also held a number of non-executive board positions in companies such as Fokus Bank, Acta, Cermaq and NRS.

Trond Williksen

Mr. Trond Williksen has been appointed President and Chief Executive Officer of Salmar ASA effective as of November 14, 2016. He was on sick leave from January 26, 2017 until April 18, 2017. He has nearly 30 years of experience from different positions in the fisheries and aquaculture industries. He most recently led the listed company AKVA Group ASA through a period of strong growth. Before this, Williksen held different management positions in the Aker Group's fisheries section, and worked as a KPMG consultant to the fisheries industries. Williksen started his career in the Norwegian Fishermen's Association, before joining first the aquaculture company Midt-Norsk Havbruk, and then Norske Fiskeoppdretteres Forening (currently Norwegian Seafood Federation). Trond Williksen is a university college graduate of Fisheries Economics from Bodo, Norway, and holds an MBA from the University of Washington.

Trond Tuvstein

Mr. Trond Tuvstein has been Chief Financial Officer of Salmar ASA since October 15, 2013. He served as Head of Investor Relations in the Company from January 2012 until October 2013. Tuvstein therefore knows both SalMar and the aquaculture industry well. Mr. Tuvstein is certified public accountant, having completed a Master’s degree in Accounting and Auditing at the Norwegian School of Economics and Business Administration (NHH) in Bergen. Mr. Tuvstein has extensive experience from the accounting industry. He has held leading positions at PricewaterhouseCoopers and Systemrevisjon, among others.

Gustav Witzoe

Mr. Gustav Witzoe serves as Director of Processing and Sales at Salmar ASA. He no longer serves as Director of the Company effective as of June 6, 2017. He has been Director since 1991. He has also been appointed Acting Chief Executive Officer of the Company for a period from January 26, 2017 till April 18, 2017. Before that, he has been Manager of Business Development and Processing, and Member of the Board of Directors at Salmar ASA. He is the co-founder of SalMar ASA. He holds a degree in engineering. After several years as an engineer co-founded BEWI AS, a company producing styrofoam boxes for the fish farming industry. Mr. Witzoe held the position as managing director of BEWI AS until 1990. Since Mr. Witzoe founded SalMar ASA in 1991 he has gained experience in fish farming and processing. Mr. Witzoe is chairman of Egersund Fisk AS and is a director of Norskott Havbruk AS and Scottish Sea Farms Ltd.

Tom Aleksandersen

Mr. Tom Aleksandersen has been Director Strategy, HSE and Quality at Salmar ASA since 2017. He has previously been Chief Strategy Officer at Salmar ASA since March 1, 2015. He holds an MBA with specialization in Innovation and Implementation (1995), his main areas of expertise is: strategy, business development, cultural development and leadership training. Mr. Aleksandersen has experience from working with strategic processes and organizational development from businesses in Central Norway, including several years of experience as a partner and head of BDO's consultancy department in Central Norway.

Olav-Andreas Ervik

Mr. Olav-Andreas Ervik has served as Director Farming at Salmar ASA since August 2014. Before this, Mr. Ervik held the position as General Manager in SalMar Farming AS. Mr. Ervik has held various positions in companies within the salmon farming industry since 1994, including Leroy Midnor, Scottish SeaFarms and Leroy Hydrotech.

Ulrik Steinvik

Mr. Ulrik Steinvik has been Director Business Support at Salmar ASA since August 2017. He previously was Chief Financial Officer at Salmar ASA from March 1, 2012 until October 15, 2013. He was also Head of Finance and Accounting of the Company from June 2006. He served with Arthur Andersen Norway and Ernst & Young AS from 1998 to 2006. He graduated from the Norwegian School of Economics and Business Administration in 2002 (Norges Handelshoyskole, Bergen - NHH) and is a Norwegian State Authorized Public Accountant.

Geir Berg

Mr. Geir Berg has served as Director, Employee Representative at Salmar ASA since 2015. Mr. Geir Berg has been employed at SalMar since March 2013. He has been Production Manager Fish Farming since May 2013. Mr. Berg has 20 years experience of working in the public sector and around 10 years from the private sector. Before joining SalMar, he was an airport manager with Avinor. Mr. Berg has previously held both operational and administrative positions in a variety of business sectors.

Margrethe Hauge

Ms. Margrethe Hauge has been Director of SALMAR ASA since June 6, 2017. She holds the position Regional Managing Director in MRC Global Inc. She has previously held several management positions, including TTS Group ASA, Kverneland ASA and Hydro Seafood AS. Ms. Hauge holds and has held a number of non-executive board positions in different Norwegian businesses and organizations.

Helge Moen

Mr. Helge Moen has been Director of SALMAR ASA since June 6, 2017. Mr. Moen holds the position as CEO in Kverva AS. Moen has extensive experience from the investment and corporate finance industry. Previous employers include CentraKlaveness AS, First Securities and Midt-Norge Fonds. He also holds and has held a number of non-executive board positions in companies such as Pelagia AS, Steinsvik Group AS and Pharmaq AS.

Brit Soleng

Ms. Brit Elin Soleng has been Director, Employee Representative at SALMAR ASA since June 6, 2017. She has worked in SalMar since March 2013 when she joined SalMar in the finance department as an administrative employee. Soleng has previous experience from administrative positions from, among others, Marine Harvest and Nutreco.

Kjell Storeide

Mr. Kjell A. Storeide has served as Independent Member of the Board of Directors at Salmar ASA since February 2008. From 1990 to 2004, he was Chief Executive Officer and Co-Owner of Stokke Gruppen AS. He is also Chairman on the Boards of Directors of several industrial companies in Norway. He is a graduate of the Norwegian School of Economics and Business Administration (Norges Handelshoyskole, Bergen - NHH).

Runar Sivertsen

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