SalMar ASA

Legal Proceedings Report • Nov 14, 2019

SalMar ASA: Update on the allegations of collusion

SalMar ASA: Update on the allegations of collusion

Reference is made to the previously announced European Commission inspection

which concerned possible collusion between Norwegian producers of farmed

Norwegian Atlantic salmon and class action complaints in the USA related to the

same matter.

SalMar has today received a subpoena from the Antitrust Division of the

Department of Justice in the USA where they are opening an investigation

involving allegations of similar conduct. SalMar considers that there are no

basis for the EU inspection and that the class action complaints clearly lack

merit and are entirely unsubstantiated. This equally applies to any criminal

investigation in the US.

SalMar will fully cooperate with the Department of Justice and will provide all

information as requested.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.