SalMar - Mandatory notification of trade

Release of employee restricted share units in SalMar ASA ("the Company").

1. Participants in the Company's RSU program have on November 17th 2016 settled a total number of 195 713 RSUs. Following the release, 195 713 shares will be transferred from the Company's holding of own shares. Subsequent to the transaction the Company holds 984 368 own shares.

2. Restricted share units released by primary insiders November 17th 2016:

- Eva Haugen has received 2 684 shares in the Company
- Geir Berg has received 1 514 shares in the Company
- Leif Inge Nordhammer has received 6 886 shares in the Company
- Merete Gisvold Sandberg has received 613 shares in the Company
- Olav Andreas Ervik has received 3 915 shares in the Company
- Runar Sivertsen has received 1 491 shares in the Company
- Ståle Eide (related party of primary insider) has received 2 061 shares in the Company
- Tom Aleksandersen has received 1 709 shares in the Company
- Tonette Bjørgård has received 2 682 shares in the Company
- Trond Tuvstein has received 4 089 shares in the Company
- Ulrik Steinvik has received 3 829 shares in the Company

3. Sale of shares

On November 17th 2016, the primary insiders mentioned below ordered for a portion of the received shares to be immediately sold by a third party in order to cover the tax liability.

The sales price subsequently obtained by the third party when selling the shares in the market is NOK 260.1287.

- Eva Haugen has sold 1 262 shares in the Company
- Geir Berg has sold 712 shares in the Company
- Merete Gisvold Sandberg has sold 270 shares in the Company
- Ståle Eide (related party of primary insider) has sold 969 shares in the Company
- Tonette Bjørgård has sold 1 261 shares in the Company
- Trond Tuvstein has sold 1 922 shares in the Company
- Ulrik Steinvik has sold 1 800 shares in the Company

4. New holding

- After completion of the abovementioned transactions, Eva Haugen holds 4 536 RSUs in the Company. As of today the primary insider holds 3 117 shares in the Company.
- After completion of the abovementioned transactions, Geir Berg holds 2 592 RSUs in the Company. As of today the primary insider holds 1 740 shares in the Company.
- After completion of the abovementioned transactions, Leif Inge Nordhammer* holds no RSUs in the Company. As of today the primary insider holds 2 661 010 shares in the Company.
- After completion of the abovementioned transactions, Merete Gisvold Sandberg holds 1 842 RSUs in the Company. As of today the primary insider holds 343 shares in the Company.
- After completion of the abovementioned transactions, Olav Andreas Ervik holds 6 654 RSUs in the Company. As of today the primary insider holds 6 361 shares in the Company.
- After completion of the abovementioned transactions, Runar Sivertsen holds 2 520 RSUs in the Company. As of today the primary insider holds 2 429 shares in the Company.
- After completion of the abovementioned transactions, Ståle Eide holds 3 543 RSUs in the Company. As of today the primary insider holds 1 092 shares in the Company.
- After completion of the abovementioned transactions, Tom Aleksandersen holds 5 128 RSUs in the Company. As of today the primary insider holds 1 709 shares in the Company.
- After completion of the abovementioned transactions, Tonette Bjørgård holds 4 535 RSUs in the Company. As of today the primary insider holds 2 315 shares in the Company.
- After completion of the abovementioned transactions, Trond Tuvstein** holds 6 913 RSUs in the Company. As of today the primary insider holds 15 955 shares in the Company.
- After completion of the abovementioned transactions, Ulrik Steinvik holds 6 475 RSUs in the Company. As of today the primary insider holds 9 105 shares in the Company.
*Shares are owned directly and indirectly through LIN AS, as well as shares in the Kverva Group. Account taken of own shares in Kverva AS

**Shares are owned directly and indirectly through TTU Invenst AS.

For more information, please contact:
CFO Trond Tuvstein,
Tel: + 47 918 53 139
Email: trond.tuvstein@salmar.no
Website: www.salmar.no

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