Marel hf. - Company Announcement

Sigsteinn Gretarsson appointed Chief Operating Officer of Marel hf.

Sigsteinn Gretarsson has been appointed Chief Operating Officer (COO) of Marel
hf. Mr. Gretarsson‘s new title provides a clearer description of his role and
responsibilities within Marel‘s Board of Management, which he is a member of
along with the company‘s CEO and CFO. Sigsteinn will also continue to head the
company‘s operations in Iceland. 

With the increased focus on Mr. Gretarsson's role in Marel‘s Board of
Management, David Wilson will succeed him as Managing Director of the company's
Meat Industry Centre. Mr. Wilson has been with Marel for 13 years and currently
serves as Senior Vice President of the company‘s Poultry Industry Centre in
Gainesville, Georgia, in the United States.