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New CEO For Cermaq

Post-harvest

NORWAY - The Board of Directors of Cermaq ASA has appointed Jon Hindar (55 years) as CEO of Cermaq ASA. He is currently the CEO of Norsun AS. The final decision on when Mr Hindar will take up his position is not made.

Mr Hindar is currently the CEO of Norsun AS, a technology company in the solar energy industry. His previous positions include Senior Vice President of Invitrogen Corp., CEO of Dynal Biotech ASA, and Partner and Managing Director of Fondsfinans ASA. Jon Hindar is on the board of several companies including Photocure ASA and Handicare ASA.

Mr Hindar holds a Master of Science in Chemical Engineering from the Norwegian University of Science and Technology and has supplementary management education at IMD from Lausanne, Switzerland. He is a Norwegian citizen living in Oslo, Norway.

"The Board of Directors of Cermaq is very pleased to welcome Jon Hindar as the new CEO of the company. He has broad management and industry competence both from operations and finance, and is well qualified to lead and develop the company going forward”, says Chair of the Board Bård Mikkelsen.

“I am excited to take up this position as I strongly believe in the future of the aquaculture industry. Cermaq has demonstrated solid operational and financial results and a strong sustainability commitment. I look forward to being a part of this competent organisation and to contribute to the future development of Cermaq,” says Mr Hindar.

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