Aker — Regulatory Filings 2021

Nov 15, 2021

Aker ASA: SalMar Aker Ocean established

Aker ASA: SalMar Aker Ocean established

Reference is made to the announcement on 26 August 2021 regarding the entering

into of a strategic partnership with SalMar ASA ("SalMar") to establish a global

offshore aquaculture company. The closing of the transaction has now taken place

and the new joint company, SalMar Aker Ocean AS ("Salmar Aker Ocean") has been

established.

SalMar Aker Ocean will operate within offshore fish farming, including offshore

and semi-offshore. By combining Aker and SalMar's industry experience, leading

competence in salmon production, software, and cleantech the aim is to create

the world's most reliable and intelligent offshore farming operations with the

highest requirements for fish welfare and a zero-emissions value chain ambition.

SalMar Aker Ocean will be at the forefront of ensuring sustainable growth on the

salmon's terms. The company will initially focus on establishment of offshore

fish farming in Norwegian waters, which will require establishment of a

regulatory framework for offshore fish farming. SalMar Aker Ocean will

collaborate with Norwegian authorities, the aquaculture industry, and other

interested parties for the establishment of a regulatory framework.

Atle Eide will chair the Board of Directors of SalMar Aker Ocean and Gustav

Witzøe, Kjell Inge Røkke, Øyvind Eriksen and Torger Rød will take on the

positions as board members from today. As announced by SalMar on 9 November

2021, the company has started a process for the recruitment of a new CEO, as the

current CEO of SalMar Aker Ocean Olav Andreas Ervik will step down from the

position during the spring 2022, but continue as an advisor to the company.

"SalMar Aker Ocean and its owners look forward to join forces developing

offshore aquaculture as an important contributor to the future supply of healthy

seafood globally," says CEO in SalMar ASA Gustav Witzøe.

"The efficient closing process underlines SalMar's and Aker's dedication to be

at the forefront of ensuring sustainable growth in the aquaculture industry",

says Witzøe.

-ENDS-

For further information, please contact:

Investors:

Joachim Bjørni, Head of Investor Relations, Aker ASA

Tel: +47 924 22 106

E-mail: joachim.bjorni@akerasa.com

Media:

Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA

Tel: +47 907 84 878

Email: atle.kigen@akerasa.com