Marel hf. - Company Announcement

Marel hf. Annual General Meeting, 5 March 2014 – Candidates for the Board of Directors

Below are candidates for the Board of Directors of Marel hf. at the Annual
General Meeting, to be held at the Company's headquarters at Austurhraun 9,
Gardabaer, Iceland, Wednesday 5 March 2014, at 16:00: 

Ann Elizabeth Savage, Spalding, UK
Arnar Thor Masson, Reykjavik, Iceland
Asthildur Margret Otharsdottir, Reykjavik, Iceland
Astvaldur Johannsson, Reykjavik, Iceland
Helgi Magnusson, Seltjarnarnes, Iceland
Margret Jonsdottir, Seltjarnarnes, Iceland
Olafur Gudmundsson, Princeton, New Jersey, US
Further information about each of these candidates will be available on the
Information Page for the Annual General Meeting 2014 on the Company´s website: 
http://www.marel.com/agm, no later than 2 days prior to the Meeting.

The deadline for declaring candidature has now passed. According to the current
Articles of Association of the Company, the Board of Directors shall be
comprised of 7 to 9 members and it is proposed that Articles of Association
will be amended so that the Board shall be comprised of 5 to 7 members.
Consequently, the above seven candidates will be elected to the Board without
ballot at the meeting.