SalMar ASA

SalMar - Intra-group merger with NTS and disclosure of shareholding

The board of directors of SalMar ASA («SalMar») and its wholly owned subsidiary

NTS AS («NTS») have signed a joint merger plan for an intra-group merger between

SalMar and NTS with the former as the acquiring company. The merger will be

completed pursuant to the laws for mergers between a parent company and wholly

owned subsidiary. Following completion of the merger, the ownership of NTS'

shares in SalMar will be transferred to SalMar. NTS currently owns 13 691 960

shares in SalMar, corresponding to 9,43% of the shares and voting rights in

SalMar. After the merger is completed SalMar will own 13 706 246 own shares,

corresponding to 9,44% of the shares and voting rights. The 5% flagging

threshold in the Norwegian Securities Trading Act section 4-2 is thus crossed.

The merger is expected to be completed in the fourth quarter of 2023. The merger

plan will be made available at the offices of SalMar and notified to the

Norwegian Register of Business Enterprises, and the shareholders in SalMar will

be informed in writing. The letter to the shareholders is attached to this

notice (in English and Norwegian).

This information is subject to section 5-12 of the Norwegian Securities Trading

Act and the disclosure requirements stipulated in section 4-2 of the Norwegian

Securities Trading Act.

AI Terminal