Icelandic Salmon AS

Director's Dealing • Mar 20, 2024

a)Name	Stefán Hannibal Hafberg (PDMR)
Reason for the notification
a)Position/status	COO of Harvest Plant at Icelandic Salmon AS
b)Initial notification/ Amendment	Initial notification
Details of the issuer
a)Name	Icelandic Salmon AS
b)LEI	213800VMVZVHCK6MW184
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a)Description of the financial	Share
instrument, type of instrument Identification code	ISIN NO0010724701
b)Nature of the transaction	Exercise of a stock option under a share option program
c)Price(s) and volume(s)
	Price(s)	Volume(s)
	NOK 115	10,000
d)Aggregated information
- Aggregated volume	10,000
- Price
	1,150,000
e)Date of the transaction	2024-03-18
f)Place of the transaction	XOFF - Outside a trading venue
g)Comment	Pursuant to an option agreement all of the exercised options have, in accordance with the Company's right under the share option agreement, solely been settled in cash by Icelandic Salmon paying a cash amount to Stefán Hannibal Hafberg equal to the difference between the volume weighted trading share price of Icelandic Salmon's shares on the date of the exercise notice, and the exercise price multiplied by the number of options covered by the exercise notice. Total difference settled/paid out in cash is NOK 140,000. No shares have been issued in the Company in connection with this exercise of share options.