Salmon Evolution ASA: Mandatory Notification of Trade

Reference is made to the announcements made by Salmon Evolution ASA (the "Company") on 3 January 2022 and 10 February 2022 regarding the 1,625,000 options exercised under the Company's employee share option program. Håkon André Berg, CEO of Salmon Evolution ASA, has today transferred his right to subscribe for shares under the share option program to his wholly owned company Carried Away AS. As a result, Carried Away AS will subscribe for 450,000 shares at a subscription price of NOK 4.30 per share. Total number shares owned by Håkon André Berg and his closely associated parties remain unchanged. Please find attached Primary insider notifications pursuant to the Market Abuse Regulation article 19. For further information please contact: Trond Håkon Schaug-Pettersen CFO +47 911 91 327 thsp@salmone.no About Salmon Evolution: Salmon Evolution is a Norwegian land-based salmon farming company focused on extending the ocean's potential by transferring the best preconditions offered by the sea to farm fish on land through its chosen hybrid flow-through system technology (HFS). This secures a truly sustainable production process with controlled and optimal growth conditions and limiting operational and biological risk. The Company's first production facility is under construction at Indre Harøy, strategically located on the Norwegian west coast with unlimited access to fresh seawater, renewable energy, established infrastructure for salmon farming, and an educated and experienced work force. The entire project is designed for an annual capacity of approx. 31,500 tonnes HOG. The Company has also entered into a joint venture with Dongwon Industries where the parties will develop, construct and operate a land-based salmon farming facility in South Korea with an annual production capacity of 16,800 tonnes HOG, using Salmon Evolution's chosen HFS technology. Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME. To learn more, please visit www.salmonevolution.no