Måsøval AS - Settlement of disputes

The parties Måsøval, Pure Norwegian Seafood (PNS) and the minority shareholders in PNS have reached an amicable solution to the pending disputes. The settlement entails that all disputes between all parties have been resolved, and that the cases between Måsøval and the minority shareholders, as well as Pure Norwegian Seafood and the minority shareholders, respectively, are closed.

The settlement has been entered into after dialogue between the parties. The content of the settlement agreement is confidential. The court cases between the parties will be concluded in accordance with the settlement.

The parties are satisfied that the cases have been resolved and now look forward to putting the matters behind them. The parties have no further comments.

Contact: Anders Hagestande, CFO, Måsøval AS, +47 415 82 138, anders.hagestande@masoval.no