SalMar ASA

M&A Activity • Dec 8, 2021

SalMar - Scottish Sea Farms Ltd. acquisition of Grieg Seafood Hjaltland UK Ltd. cleared by all relevant competition authorities

SalMar - Scottish Sea Farms Ltd. acquisition of Grieg Seafood Hjaltland UK Ltd. cleared by all relevant competition authorities

SalMar ASA ("SalMar") announced on 29 June 2021 that Scottish Sea Farms Ltd.

("SSF"), a vertically integrated Scottish salmon farming company owned 50/50 by

Leroy Seafood Group and SalMar, had signed a Share Purchase Agreement to acquire

100% of the shares in Grieg Seafood Hjaltland UK Ltd. from Grieg Seafood ASA

(the "Transaction"). Completion of the Transaction was subject to certain

customary closing conditions, including the approval from relevant competition

authorities. The Transaction has now been cleared by all relevant competition

authorities and completion of the Transaction is expected to take place during

December 2021.

For queries, please contact:

Leif Inge Nordhammer

Board Chair SalMar ASA

+47 916 85 250

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Håkon Husby, Head of Investor

Relations at SalMar ASA, on 8th December 2021 at 08:15 CET.