Mr. Paul Jewer reports

HIGH LINER FOODS ANNOUNCES APPOINTMENT OF INTERIM CHIEF EXECUTIVE OFFICER

High Liner Foods Inc.'s board of directors has appointed Paul Jewer to serve as the company's interim chief executive officer to lead the company while the board of directors completes a comprehensive internal and external search for a president and chief executive officer. Mr. Jewer has served as the company's chief financial officer since February, 2014, and will continue to oversee this function. He has more than 20 years experience in food companies and is a fellow chartered professional accountant (FCPA).

"Paul's extensive experience and proven track record of leadership with High Liner Foods will provide stability and continuity for the organization as we continue to work through the transition process," commented Robert Pace, chair of the board of directors. "The board of directors determined that it was in the best interests of the company to put in place interim executive management that can serve as long as needed, and we are fully confident in Paul's ability to lead the organization during this important chapter in the company's history."

"I am humbled and honoured to serve as the interim chief executive officer of this incredible organization," said Mr. Jewer, interim CEO, High Liner Foods. "I look forward, in this interim period, to working with our great leadership group to build upon the solid foundation and momentum we have in place."

This appointment follows the previously announced resignation of Rod Hepponstall as president and chief executive officer of the company, which was to be effective on or before Jan. 2, 2024. As a result of this appointment, Mr. Hepponstall has left the company as of today.

About High Liner Foods Inc.

High Liner Foods is a leading North American processor and marketer of value-added frozen seafood. High Liner Foods' retail branded products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Catch of the Day labels, and are available in most grocery and club stores. The company also sells branded products to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood and FPI labels and is a major supplier of private-label value-added seafood products to North American food retailers and food service distributors. High Liner Foods is a publicly traded Canadian company, trading under the symbol HLF on the Toronto Stock Exchange.

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