Marine Harvest Intrafish Seafood Investor Forum, New York 28 May 2015

Forward looking statements 2 This presentation may be deemed to include forward-looking statements, such as key determinants for future growth, goals and strategies, including strategic focus areas, ability to increase or vary harvest volume, the anticipated impacts measures aimed at reducing biological issues, trends in the seafood industry and various other matters concerning Marine Harvest's business, strategy and results. These statements speak of Marine Harvest’s plans, goals, targets, strategies, beliefs, and expectations, and refer to estimates or use similar terms. Actual results could differ materially from those indicated by these statements because the realization of those results is subject to many risks and uncertainties. Our registration statement on Form 20-F filed with the US Securities and Exchange Commission in 2014 contain information about specific factors that could cause actual results to differ, and you are urged to read them. Marine Harvest disclaims any continuing accuracy of the information provided in this presentation after today.

3 70 % of the surface 2% of the food production Energy efficient and low emission food production Healthy and tasty foodIncreasing population needs new solutions « Leading the blue revolution» Can we produce food in the ocean?

Population growth is a key driver for increased seafood consumption ”Given the projected population growth, it is estimated that at least an additional 40 million tonnes of aquatic food will be required by 2030.” - Rohana Subasingishe, FAO

Business possibilities in the bio marine sector for Norway towards 2050 (SINTEF 2012) Source: SINTEF 2012, “Verdiskapning basert på produktive hav i 2050” EURO billion 5

6 Salmon is the responsible choice for the environment… < FEED QUANTITY CARBON EMISSION FRESH WATER

7 Proteins: High quality, easy digestible proteins Omega-3: High content of Omega-3 fatty acids Vitamins: Rich in A, D and B12 vitamins Mineral: High content of iodine & selen, taurin and sterols …and for your body

8 Note: Examples of consumer products and branding initiatives from Marine Harvest AMERICAS EUROPE ASIA We have launched several new products with our own brand

Marine Harvest in brief 9  One of the world's leading seafood companies -#4 measured in turnover  By far the world's largest producer of Atlantic salmon, 440,000 HOG 2015E  Fully integrated value chain  Headquartered in Bergen, Norway  Listed on the Oslo Stock Exchange and the New York Stock Exchange -Ticker code: MHG Volumes 2015E: Sales 2014: Salmon meals each day: Employees: 440,000 tonnes6.2 million NOK 25.5 billion11,700 in 24 countries

Bilder Fully integrated from feed to plate 10 New #1 Bilder

Global presence (1) 11 Note:(1) Farming volumes for 2015e (Head-On Gutted “HOG” thousand tons) Head office Farming and processing activities Primary and secondary processing Sales Norway 266k HOG Scotland 56k HOG Poland The Czech Republic France Italy Faroes 2k HOG Ireland 9k HOG The Netherlands Belgium Spain VAP/Morpol 110k MT sold VAP/Morpol 110k MT sold Asia China Japan South Korea Taiwan Hong Kong Singapore Chile 66k HOG Canada 41k HOG USA Germany Turkey

MH sales network and processing footprint Norway Scotland Poland France Turkey Ireland Netherlands Belgium Spain China Japan South Korea South Korea Taiwan Vietnam Singapore Chile USA Faroe Islands Germany Czech Republic  Significant processing assets of consumer goods in Europe, US and Asia Italy 12

13  Contract share with market leading retailers are increasing  Focus on longer term contracts Sales contracts form an important part of our strategy

Highlights Q  Satisfactory operational EBIT of NOK 932m -Strong contribution from Norway -Challenging market conditions in Americas  Convertible bonds converted to share capital  Quarterly dividend of NOK 1.30 per share

Key financials 15

Industry supply outlook for Note:(1) Supply estimates based on mid-points Actual harvest volumes will be affected by e.g. water temperatures, development in biological growth, biological challenges such as diseases, algae blooms etc. and market developments.

Farmed Atlantic salmon by market – demand 17 Source: Kontali Analyse Note:Axis in thousand tons HOG

Outlook 18  Favourable market and supply outlook in Europe -Futures prices (NASDAQ) next 12 months at ca NOK 40 per kg  Monitoring the market conditions in the Americas closely  MHG supportive of Norwegian White Paper -Responsible approach by the Norwegian government -Improved biological control a prerequisite for sustainable growth  AquaChile merger in process  Quarterly dividend of NOK 1.30 per share