HAVFISK is committed to maintaining an open and direct dialogue with its shareholders, potential investors, analysts, brokers and the financial community in general.

HAVFISK`s goal is to give its shareholders a competitive return on the capital invested, in relation to the risk profile. The returns shall be achieved through a combination of dividends and increase in underlying values.

Shares and share capital

HAVFISK has 84,646,016 ordinary shares, each with a par value of NOK 5 (see note 11 to the parent group's accounts for 2015). As at 31 December 2015, the group had 2,506 shareholders. Foreign owners held 4.7 per cent of the shares as at 31.12.

Stock-exchange listing

HAVFISK was listed on the Oslo Stock Exchange on 13 May 2005 (ticker: HFISK). Its shares are registered in the Norwegian Central Securities Depository with securities registration number ISIN NO 001 0269129. DNB Bank ASA is the group's registrar.

Majority shareholder

HAVFISK’s majority shareholder is Aker Capital AS (a wholly owned company in Aker ASA). HAVFISK is part of Aker ASA's industrial portfolio.

Current Board mandates

The AGM of HAVFISK held on 10 April 2015 mandated the board to acquire the company's own shares with a total nominal value of NOK 42,323,005, subject to the provision that the group cannot acquire its own shares if the total holding after the acquisition exceeds 10 per cent of the share capital. This mandate cannot be used if an acquisition triggers a mandatory licence requirement pursuant to the Norwegian Act on Participation in Fishing or corresponding rules, or results in more than 40 per cent of the shares in the group being owned by foreigners. The maximum price that can be paid per share is NOK 100, and the minimum is NOK 1. The board is free to determine how the company's own shares will be bought and sold. This mandate applies from the date of the general meeting, and will expire at the earlier of the general meeting in 2016 and 30 June 2016.

Stock option plans

At 31 December 2015, HAVFISK had no options programme.

Investor contact

HAVFISK seeks to maintain an open and direct dialogue with its shareholders, financial analysts and the financial market in general.

Electronic annual and interim reports

Annual reports are distributed electronically to all shareholders. Shareholders who wish to receive the print version of the annual report may contact HAVFISK's investor contact. HAVFISK encourages its shareholders to receive the electronic version of its annual reports. Annual reports are published on the group's website at the same time as they are made available via website release by the Oslo Stock Exchange: www.newsweb.no (ticker: HFISK). Subscribers to this service receive annual reports in PDF format by e-mail.

Analyst coverage

The following securities brokers provided analyst coverage of HAVFISK at 31 December 2015:

Nordea Markets

Analyst: Kolbjørn Giskeødegård, Telephone: +47 22 48 79 83, Website: E-mail: kolbjorn.giskeodegard@nordea.com

Fondsfinans ASA

Analyst: Bent Rølland, Telephone: +47 23 11 30 27, Website: http://www.fondsfinans.no , E-mail: br@fondsfinans.no

Carnegie AS

Analyst: Salman Alam, Telephone: + 47 22 00 93 51, Website: http://www.carnegie.no , E-mail: sva @carnegie.no

Pareto Securities AS

Analysts: Henning Lund and Fredrik Steinslien , Telephone: + 47 24 13 21 15/ + 47 24 13 21 54 , Website: http://www.paretosec.com , E-mail: henning.lund@paretosec.com / fredrik.steinslien@paretosec.com

DNB Markets

Analyst: Alexander Aukner , Telephone: +47 24 16 90 79, Website: http://www.dnb.no , E-mail: alexander.aukner@dnb.no

Arctic Securities

Analysts: Axel Jacobsen and Thomas Lorck , Telephone: + 47 21 01 31 58/ + 47 21 01 32 35 , Website: http://www.arcticsec.no E-mail: Thomas.lorck@arcticsec.no / axel.jacobsen@arcticsec.no

SpareBank 1 Markets AS

Analysts: Tore A. Tønseth , Telephone: + 47 24 14 74 18/ + 95 80 62 77 , Website: http://www.sb1markets.no , E-mail: tore.tonseth@sb1markets.no

Swedbank AB

Analyst: Marius Gaard,Telephone: +47 23 23 80 00, Website: www.swedbank.se , E-mail: Marius.gaard@swedbank.no

Nomination committee

Pursuant to the articles of association, HAVFISK must have a nomination committee consisting of at least three members who are elected by the annual general meeting.

Annual general meeting

HAVFISK's AGM is normally held in March or early April. This year's AGM will be held on 8 April 2016. Electronic notification is sent to all shareholders individually or to shareholder nominees. To vote at general meetings, shareholders (or their duly authorised representatives) must either be physically present or vote by proxy. Existing systems for managing electronic participation in general meetings are inadequate. HAVFISK will consider this for future general meetings, if systems that can handle this in a reliable way become available. The board has accordingly resolved that such participation will not be permitted in HAVFISK's general meetings.

The share in 2015

The group's total market capitalisation at 31 December 2015 was NOK 2,387,017,651 . Total shares traded in 2015 was 43,460,017 at a value of NOK 1,115,825,588. There were 33,118 transactions in the share on 251 trading days.