Kalera AS: Mandatory notification of trade

Oslo, 19 October 2021: Reference is made to the stock exchange announcement by Kalera AS ("Kalera" or the "Company") (Euronext Growth Oslo ticker: KAL, Bloomberg: KAL NO) published on 7 October 2021, regarding mandatory notifications of trade made by Canica AS in connection with the private placement comprising 12,000,000 new shares in the Company (the "New Shares") (the "Private Placement"). Pareto Securities AS (on behalf of the managers in the Private Placement) has redelivered 7,908,782 shares in the Company (the "Borrowed Shares") to Canica AS, a close associate of the Company's board member Chris Logan. Canica AS lent the Borrowed Shares to Pareto Securities AS (on behalf of the managers in the Private Placement) in order for them to facilitate delivery of listed shares to the investors who were allocated New Shares in the Private Placement. Please refer to the attached notification of trading for further details. For further information, please contact: Bjørge Gretland, Chairman Email: bgretland@kalera.com Daniel Malechuk, CEO Phone: +1 407 574 2382 Email: dmalechuk@kalera.com Kalera in brief: The Kalera Group is a vertical farming group headquartered in Orlando, Florida. Kalera uses technology to ensure that more people around the world have access to the freshest, most nutritious, and cleanest products possible. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in the US (Orlando, Florida, Atlanta, Georgia and Houston, Texas), Kuwait and Germany. More information is available at www.kalera.com. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.