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Selskabsmeddelelse

NCOD: Norcod appoints Stian Vollan-Hansen as new CFO

Norcod
Trondheim, Norway - Norcod, the leading pioneer in cod farming, has appointed
Stian Vollan-Hansen as its new Chief Financial Officer (CFO) from 1 December
2024. Vollan-Hansen (34) is based in Trondheim and brings with him valuable
experience from financial management and business development through nine years
in various positions at Entro, a leading energy consultancy agency, most
recently as CFO.

Vollan-Hansen holds a master's degree in economics from NTNU Business School and
has gained broad experience in financial planning, reporting, M&A activities,
strategy, and business development.
"We are delighted to welcome Stian to the Norcod team. I am confident that his
experience, knowledge and positive energy will be a valuable contribution to the
company in our efforts to make industrial scale cod farming a commercial
success," says Christian Riber, CEO of Norcod.

"I am very excited to join Norcod as their new CFO and look forward to being a
part of the company's journey. Their future is bright as the world needs more
healthy and sustainable seafood, and Norcod has come a far way in pioneering cod
farming on an industrial scale. I look forward to contributing to making this
economically sustainable and realizing the huge potential I see for Norcod and
cod farming."

Trym Are Sivertsen will serve as Norcod's interim CFO until Vollan-Hansen
assumes the role of CFO from 1 December 2024.

For further information, please contact:

o Christian Riber, Chief Executive Officer, phone: +47 905 37 990, E-mail:
cr@norcod.no

o Chris Guldberg, Chief Commercial Officer, phone: +47 92 81 07 07, E-mail:
cg@norcod.no
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