Struggle for power in Marine Farms

Nireus, the biggest share holder in Marine Farms, are very dissatified with the leadership in the company, and they want changes. Here is the proposal for a complete new board: Mr. Epameinondas Lambadarios - New member (to be elected as Chairman), replacing Mr. Roar Nyhus (who resigned on 17 February). Mr. Dimitrios Loumpounis, Existing Member to remain as member of the Board. Mr. Aristides Belles - New member replacing Mr. Jan Egil Moe. Ms. Tone Bjornov, Existing member to remain as an Independent Member of the Board. Ms. Kristin Krohn Devold, New independent member of the Board replacing Mr. Endre Witzo. Mr. Vasileios Theofanopoulos, Existing Alternate Member to remain as personal alternate to Mr. Aristides Belles and Mr Dimitris Loumpounis.

- Our proposal is based on a 7 members Board of Directors. Therefore we are also available to review any proposals from other shareholders and the Nomination Committee for the replacement of the two remaining board seats. It is our aspiration that the majority of the Board will continue to be independent of the Company's executive Management and material business contacts and that both genders will continue to be adequately represented, says Nireus in a message..