Andfjord Salmon

AGM Information • Sep 28, 2021

NOTICE OF EXTRAORDINARY GENERAL MEETING IN ANDFJORD SALMON AS

NOTICE OF EXTRAORDINARY GENERAL MEETING IN ANDFJORD SALMON AS

28.9.2021 11:01:45 CEST | Andfjord Salmon | Additional regulated information

required to be disclosed under the laws of a member state

The Board of Directors (the "Board") hereby calls for an extraordinary general

meeting of Andfjord Salmon AS (the "Company") at the Company's offices at

Kvalnes, Andøya, at 12:00 CET on October 13 2021.

This notice has been prepared both in Norwegian and in English and enclosed to

this notice. In case of discrepancies between the two, the Norwegian version

shall prevail.

NOTICE OF EXTRAORDINARY GENERAL MEETING IN ANDFJORD SALMON AS

The Board of Directors (the "Board") hereby calls for an extraordinary general

meeting of Andfjord Salmon AS (the "Company") at the Company's offices at

Kvalnes, Andøya, at 12:00 CET on October 13 2021.

It will be possible for preregistered attendees to attend the meeting via

videolink.

The chairman or a person appointed by him will open the general meeting and

register the meeting shareholders and proxies.

The following items are on the agenda:

1. ELECTION OF CHAIR OF THE MEETING AND ONE PERSON TO CO-SIGN THE MINUTES

The Board proposes that the chairman Roger Mosand is elected to chair the

meeting. One person attending the general meeting will be proposed to co-sign

the minutes.

2. APPROVAL OF NOTICE AND AGENDA

The Board proposes that the general meeting makes the following resolution: "The

notice and agenda are approved."

3. ELECTION OF NEW BOARD MEMBER

In line with the recommendation from the Nomination Committee to elect Gro Skaar

Knutsen with experience from large construction firms in Norway. The reason for

the proposal is a desire to strengthen the competence in the board related to

the company's development project on Andøya.

It is with this background proposed that the general assembly decides:

Gro Skaar Knutsen is elected as a new board member in the company. The board of

directors after the election is as follows: Roger Brynjulf Mosand (chairman),

Roy Bernt Pettersen, Tore Traaseth, Knut Roald Holmøy, Kim Marius Strandenæs,

Bettina Flatland and Gro Skaar Knutsen.

NAME CHANGE NOMINATION COMMITTEE AND PROPOSAL FOR REVISED INSTRUCTIONS

Based on the recommendation from the Nomination Committee, it is proposed that

the name of the committee should be changed to The Election Committee.

Furthermore, the proposed instruction to the Election Committee is to be

reviewed and approved by the general meeting.

On this basis the board proposes that the general assembly make the following

resolution:

The name of the Nomination Committee changes to the Election Committee and the

proposed change of the instructions are adopted.

Attendance and registration

Shareholders are by law entitled to attend the general meeting in person or by a

proxy of their own choice.

SHAREHOLDERS WHO WISH TO VOTE AT THE GENERAL MEETING BY PROXY MAY SEND THE PROXY

FORM ELECTRONICALLY THROUGH VPS INVESTOR SERVICES OR TO DNB BANK ASA,

REGISTRAR'S DEPARTMENT, WITHIN OCTOBER 12 2021 AT 12:00 OSLO, NORWAY TIME.

Notice to nominee holders and shareholders with nominee accounts

Beneficial owners of shares registered with nominee accounts who wish to

exercise their rights at the general meeting must register themselves directly

in the VPS registry of shareholders and be registered with the VPS

Shareholder rights

A shareholder has the right to address the general meeting and to bring one

adviser and convey to him/her the right of address. A shareholder may table

alternative resolutions for items included on the agenda and may request in the

general meeting that members of the Board and/or the CEO provide available

information about matters that may affect the assessment of the Company's

financial situation, including information about activities in other companies

in which the Company participates and other matters to be discussed in the

general meeting, as further set out in section 5-15 of the Norwegian Private

Limited Liability Companies Act. Requests for information should be put forward

no later than ten days prior to the general meeting.

Other matters

Andfjord Salmon AS is a Norwegian private limited company subject to the rules

of the Private Limited Liability Companies Act.

As of the date of this notice, the Company has issued 35,874,400 shares, each of

which represents one vote.

The following documents are attached and distributed together with the notice:

* - registration and proxy form

* - instructions for the election committee

DISCLOSURE REGULATION

This information is subject to the disclosure requirements set out in section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Bjarne Martinsen, CFO, Andfjord Salmon AS, +4797508345,

bjarne.martinsen@andfjord.no

ABOUT ANDFJORD SALMON

About Andfjord Salmon AS

Andfjord Salmon has developed an innovative and sustainable aquaculture concept

for shore-based farming of Atlantic salmon, based on a flow-through farming

concept. The company's ambition is to build the world's most sustainable

aquaculture facility of its kind. The facility is escape-proof, lice-free and

its highly filtered effluent avoids polluting marine life.

Located at Kvalnes on the island of Andøya on the Arctic Archipelago of

Vesterålen, Norway, the company's first facility is currently under

construction. The company holds a license to produce 12 600 tonnes (HOG) for

land-based farming of Atlantic salmon and has secured rights to land for a

planned expansion of an additional 77,400 tonnes (HOG) production capacity.

Further expansion is subject to the zoning of the land and granting of licenses.

Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF.

www.andfjordsalmon.com - http://www.andfjordsalmon.com/

The information in this announcement is subject to disclosure requirements under

the EU Market Abuse Regulation and Euronext Growth listing rules. The

information was submitted for publication by the contact person set out above.

ATTACHMENTS

Andfjord Salmon AS Notice of Extraordinary General Meeting.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/865/1121/Andfjord%20Salmon%20AS%2

0Notice%20of%20Extraordinary%20General%20Meeting.pdf

andfjord salmon vedtekter.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/865/1122/andfjord%20salmon%20vedt

ekter.pdf