Mowi ASA

Legal Proceedings Report • Nov 14, 2019

Mowi ASA (OSE: MOWI): Update on the allegations of collusion

Mowi ASA (OSE: MOWI): Update on the allegations of collusion

With reference 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.

Further to this Mowi has been informed that we will receive a subpoena from the

Antitrust Division of the Department of Justice in the USA where they are

opening a criminal investigation involving allegations of similar conduct.

Mowi 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.

Mowi will fully cooperate with the Department of Justice and will provide as

requested all information in relation to our US subsidiaries.

There is no new information regarding the European Commission's case handling.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.