With reference to stock notice of 7 May 2019 and partly remuneration to Mowi
ASA's Board members in the form of shares.
All Board members of Mowi have today purchased shares in the company as set
forth below. The share purchases are pursuant to the recommendation from the
Nomination Committee which was adopted by the General Assembly on 29 May 2019.
The Nomination Committee is of the view that Directors on the Board of Mowi
should be encouraged to invest in shares in the company, which is also in line
with the Norwegian Code of Practice for Corporate Governance. Accordingly, all
Board members have purchased shares for the equivalent of NOK 59,985 each, in
total NOK 599,848. The shares were purchased at a market price of NOK 204.03 per
share, equivalent to 294 shares each and 2,940 shares in total.
Following the share purchases the Board members hold the following number of
shares in Mowi:
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Acquired shares New holding
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Ole-Eirik Lerøy (Chairman) ((1)) 294 1 500 626
Lisbet K. Nærø 294 626
Cecilie Fredriksen ((2)) 294 626
Kristian Melhuus 294 626
Paul Mulligan 294 626
Jean-Pierre Bienfait 294 626
Birgitte Ringstad Vartdal 294 626
Unni Sværen 294 898
Anders Sæther 294 445
Jørgen Wengaard 294 445
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1) Framar, a company owned by Ole-Eirik Lerøy, and Sterna Finance Ltd, which is
indirectly controlled by trusts established by John Fredriksen for the benefit
of his immediate family, have as previously disclosed entered into a consultancy
agreement. In this connection Sterna has granted Framar an option to acquire,
under certain terms and conditions, 750,000 shares in Mowi. See Mowi's Annual
Report 2018 for complete disclosure.
2) 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 74,551,603 shares in Mowi ASA and hold TRS agreements with underlying
exposure of 4,000,000 shares.
This information is subject to the disclosure requirements pursuant to section
4-1, 4-2 and 5-12 of the Norwegian Securities Trading Act.