AKVA Group - Director's Dealing 2021

AKVA group ASA: Mandatory notification of trade

In connection with allocation of shares under the Company's long-term incentive

program, the following primary insiders have on May 25 been allocated shares in

the Company:

- Knut Nesse (CEO), 18,613 shares

- Andrew Campbell (COO Cage Based International), 4,181 shares

- Erlend Sødal (COO Cage Based Nordic), 2,787 shares

- Per Anders Hjetland (CCO), 4,181 shares

- Espen Fredrik Staubo (Chief Innovation Officer), 4,181 shares

- Johan Fredrik Gjesdal (COO Land Based), 1,045 shares

After the allocation, the new shareholdings of the relevant primary insiders are

as follows:

- Knut Nesse (CEO), 68,613 shares and 50,000 options

- Andrew Campbell (COO Cage Based International), 5,729 shares

- Erlend Sødal (COO Cage Based Nordic), 12,087 shares

- Per Anders Hjetland (CCO), 8,229 shares

- Espen Fredrik Staubo (Chief Innovation Officer), 4,181 shares

- Johan Fredrik Gjesdal (COO Land Based), 1,707 shares

Please refer to the attached notifications of trading for further details.

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities

Trading Act § 5-12.

Dated: 26 May 2021

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

Ronny Meinkøhn Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 98 20 67 76

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