Trondheim, 14 December 2020

The Norwegian aquaculture pioneer, Norcod, appoints Christian Riber as new CEO.
At the same time Marit Solberg steps up as new Chairman of the Board of
Directors.

As of today, Christian Riber is appointed new CEO at Norcod. At the same time,
he steps down as Chairman of the Board of Directors at Norcod and as Commercial
Director at Sirena Group. Member of the Board Marit Solberg steps up as new
Chairman of the Board of Directors. The recent CEO Hilde R. Storhaug continues
at Norcod in a new position as CSO, Chief Sustainability Officer.

"I am happy to be trusted the job as new board chairman. And I am delighted that
Christian has taken upon him to lead Norcod forward as new CEO. Norcod is to
enter a new important phase towards the first projected sales of farmed cod in
June 2021 and Christian is ideal to lead the company going forward. He has been
part of Norcod right from the start, is fuelled by founder drive, and comes with
a strong commercial background of more than 12 years of experience within the
whitefish industry," says Marit Solberg.

Marit Solberg is former COO at Mowi, former Chairman of the Board in the
Norwegian Seafood Council and has a vast experience and track record within the
seafood industry. Christian Riber looks forward to entering his new role at
Norcod.

"Norcod is on an exciting journey to re-innovate and recreate the business of
farmed cod. We have worked hard during the start-up phase and to get where we
are now - on the verge of delivering a high-quality cod responsibly produced to
retailers, restaurant, and consumers. I am humble and proud to enter the new
role as CEO with the opportunity to get closer to the daily management and
operations. I would also like to thank Hilde for her strong effort as CEO and I
am very pleased that she has accepted a new challenge as Chief Sustainability
Officer," Christian Riber says.

The appointment of Hilde R. Storhaug as CSO underlines Norcods strong focus on
sustainability:

"Sustainability is key to the future success of Norcod and our ambition to
provide a new healthy source of protein for consumers around the world. With my
new position I will be able to dedicate all my time and energy into this matter
which has been core to us all along the way. I am really looking forward to take
Norcods efforts within sustainability and responsible production to the next
level," says Hilde R. Storhaug.
 
About Norcod
Norcod AS' core business is commercial sea farming of cod but through
partnerships is involved in the entire value chain. Norcod's fish farms are
located in Mid-Norway with ideal cold-water habitat conditions for cod. The
company is contributing to blue ocean value creation with minimal impact on the
environment while supporting local communities.


For further information, please contact:

Christian Riber
CEO, Norcod
+47 905 37 990
cr@norcod.no
 

Marit Solberg
Board of Directors, Norcod
+47 901 81 287
ms@norcod.no

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