Andfjord Salmon

Andfjord Salmon Group AS: Mandatory notification of trade

23.9.2024 11:48:06 CEST | Andfjord Salmon | Mandatory notification of trade

primary insiders

Andfjord Salmon Group AS (the "Company") has been notified that Jerónimo Martins

Agro-Alimentar, S.A. has purchased 2,000,000 shares in the Company from Andfjord

Holding AS at a price per share of NOK 30.00. Jerónimo Martins Agro-Alimentar,

S.A. is a company closely associated with Antonio Serrano, who is a member of

the Company's board of directors. Andfjord Holding AS is a company closely

associated with Roy Bernt Pettersen, who is a member of the Company's board of

directors.

Prior to the above-mentioned sale, Andfjord Holding AS has carried out certain

transactions relating to forward contracts.

Please see the attached PDMR forms for further details.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities

Trading Act section 5-12.

CONTACTS

* Investors: Bjarne Martinsen, CFO, Andfjord Salmon AS, +47 975 08 345,

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord

Salmon is developing the world's most sustainable and fish-friendly aquaculture

facility of its kind. Through a proprietary flow-through system, Andfjord Salmon

combines the best from ocean and land-based salmon farming. In its first

production cycle, the company achieved an industry-leading survival rate of 97.5

percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and

required 1 kWh to produce one kilo of salmon. Andfjord Salmon has identified a

roadmap towards a production capacity of 40,000 tonnes HOG at Kvalnes, Andøya,

and set a long-term ambition to reach 90,000 tonnes HOG across Kvalnes, Breivika

and Fiskenes at Andøya. For more information, see www.andfjordsalmon.com -

http://www.andfjordsalmon.com/.

ATTACHMENTS

KRT1500 Andfjord Holding 23Sept24.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/18249723/5002/KRT1500%20Andfjord%

20Holding%2023Sept24.pdf

KRT1500 JM 23sept24.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/18249723/5003/KRT1500%20JM%2023se

pt24.pdf

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