Bodø, 19.03.24: In light of the increased cost submitted to the board today, the board has adopted the resolution to terminate the employment agreement with CEOHelge E. W. Albertsen . Albertsen will continue to serve as an advisor to the company. The board has appointedKjell Lorentsen as acting CEO from today and he will at the same time exit the non-executive board. He was CEO in the company from the start of the company activities untilSeptember 2021 . Lorentsen is today group CEO in Gigante Havbruk AS. The work to recruit a new CEO to the company has been initiated. For further information, please contact: Eirik Sørgård, Chair of the board E-mail: es@pronord.no Phone: +47 995 70 189 This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock exchange announcement was published byRune Johansen , CFO inGigante Salmon AS , at the time and date stated above in this announcement. Gigante Salmon: Gigante Salmon is a land-based salmon farming company with its first production facility under construction on Lille Indre Rosøy in Rødøy,Norway . The company's aquaculture concept is based on a flow-through system, combining the benefits of conventional and land-based aquaculture while simultaneously eliminating issues associated with conventional, sea based, farming. Visit www.gigantesalmon.no for more information.
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