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Regulatory press release

MAS: Asle Rønning resigns as CEO of Måsøval AS

Måsøval
15.6.2022 20:55:06 CEST | Måsøval AS | Additional regulated information required
to be disclosed under the laws of a member state

Asle Rønning, CEO of Måsøval AS, has today informed the company's board of
directors that he wishes to resign from his position. Rønning has worked in the
company in close to 10 years, the last 7 years as CEO. Rønning will be available
for the company until a new CEO is appointed and will then start in a new
position as general manager of Måsøval's majority shareholder, Måsøval Eiendom
AS.

In a statement Rønning says: "It has been a difficult choice to leave a
competent team in Måsøval AS with people I am very fond of. I am proud of what
the team has achieved during the last years, both operationally and
strategically. After more than 25 years with operational responsibility I look
forward to focusing more on strategy and development for the group. In my new
position I will of course follow the company closely and in that way continue to
contribute to the company's further development.

Chair Lars Måsøval in Måsøval AS states: "The company wishes to thank Asle for
an excellent effort and strong track record in the company he has led through an
exciting and expansive period. I am very satisfied that Asle chooses to continue
in the group as general manager of Måsøval Eiendom AS. The company will start
the process to recruit a new CEO as soon as practically possible."

DISCLOSURE REGULATION

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

CONTACTS

* Lars Måsøval, Styrets leder, +4791838684, lars@masoval.no

ABOUT MÅSØVAL AS

Måsøval is an integrated producer of Atlantic salmon with more than 50 years of
operational experience. Located in Central Norway in the region west of
Trondheim, Måsøval has both significant farming operations at sea and inhouse
smolt production. Through its majority ownership in the processing and
distribution company Pure Norwegian Seafood AS, Måsøval is processing and
exporting high quality Atlantic salmon to a global marketplace.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847731/1551/2118/Download%20announcement
%20as%20PDF.pdf

Melding_ Asle_Ronning_slutter.pdf -
https://kommunikasjon.ntb.no/ir-files/17847731/1551/2117/Melding_%20Asle_Ronning
_slutter.pdf
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