Grieg Seafood ASA - Appoints Magnus Johannesen as new CFO

04 Feb 2025 17:00 CET

Grieg Seafood today announced a planned Chief Financial Officer (CFO)
transition, as Atle Harald Sandtorv has initiated the process of stepping down
from his role. Global Finance Officer Magnus Johannesen will act as CFO
effective 5 February 2025.

"Magnus has shown a strategic mindset and analytical skills that makes me
confident he will be a great contributor to the continued development of Grieg
Seafood," says CEO Andreas Kvame.

Magnus Johannesen joined Grieg Seafood from Frydenbø Group where he was Chief
Investment Officer. He also holds experience as interim CFO in the investment
company Rexir Holding and from McKinsey & Company. Johannesen holds a MSc in
business administration from Norwegian School of Economics (NHH) with
specialisation in auditing and accounting.

Johannesen replaces Atle Harald Sandtorv, who has held the position as CFO of
Grieg Seafood since 2009.

"Atle Harald has played an instrumental role in the shaping of Grieg Seafood
for more than 15 years, having secured the financing and capital structure
enabling our growth and development over this period. I want to thank Atle
Harald for his leadership and commitment over many years," says Andreas Kvame.

In a mutual agreement with the company, Atle Harald Sandtorv continues to
support the new transition moving forward.

For further enquiries, please contact:
Andreas Kvame, CEO
Cell phone: +47 907 71 441
E-mail: andreas.kvame@griegseafood.com


About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers. Our farms are
in Finnmark and Rogaland in Norway, and British Columbia as well as
Newfoundland in Canada. Our headquarter is in Bergen, Norway. Grieg Seafood
ASA was listed at the Oslo Stock Exchange in June 2007.

Sustainable farming practices are the foundation of Grieg Seafood's
operations. The lowest possible environmental impact and the best possible
fish welfare is both an ethical responsibility and drive economic
profitability.

To learn more, please visit www.griegseafood.com


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

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