Mowi ASA

Major Shareholding Notification • Dec 6, 2022

Disclosure of large shareholding

Disclosure of large shareholding

Notification of trade

Geveran Trading Co. Limited ("Geveran") has on 6 December 2022 settled a total return swap ("TRS") agreement in Mowi ASA ("Mowi") with underlying financial exposure to 4,000,000 shares in Mowi expiring today. Geveran has subsequently entered into a new total return swap agreement with exposure to the same number of underlying shares in Mowi with expiry date on 6 March 2023 and strike price of NOK 153.55 per share. Geveran also owns 74,289,287 shares in Mowi, equal to 14.4 percent of the issued shares and votes in Mowi. Following the TRS swap and including the shares owned, Geveran’s financial exposure in Mowi is unchanged at 78,289,287 shares representing 15.1 per cent of the share capital of Mowi. This disclosure is made pursuant to section 4-2 and 4-3 of the Norwegian Securities Trading Act, and is subject to the disclosure requirement pursuant to section 5-12 of the Norwegian Securities Trading Act.