Andfjord Salmon

AGM Information • Mar 11, 2021

Andfjord Salmon: Notice of extraordinary general meeting - proposed new chairman

Andfjord Salmon: Notice of extraordinary general meeting - proposed new chairman

11.3.2021 19:00:00 CET | Andfjord Salmon | Additional regulated information

required to be disclosed under the laws of a member state

11 March 2021 - Andfjord Salmon AS (the "Company" or Andfjord Salmon) calls for

an extraordinary general meeting to be held on 19. March 2021 at 12:00 (CET).

The agenda for the general meeting is to elect a new chairman of the Andfjord

Salmon's board of directors.

As Andfjord Salmon is moving from a development phase towards an operational

phase, current chairman and co-founder of Andfjord Salmon, Roy Bernt Pettersen,

requested that to be relieved of his duties as chairman of the Company.

Pettersen remains committed to the Company, and will continue to serve on the

Company's board as a director. "As the largest shareholder in Andfjord Salmon, I

believe both the board of directors and management of the company will benefit

from a chairperson with extensive experience from production and processing of

salmon. I am pleased that the nomination committee has found a candidate that

possesses such experience from the business phase Andfjord Salmon is about to

enter into," says Roy Bernt Pettersen, current chairman of Andfjord Salmon.

Andfjord Salmon's nomination committee proposes to the extraordinary general

meeting that Roger Brynjulf Mosand is elected as new chairman of Andfjord

Salmon's board of directors. Mosand (born 1953) is a highly experienced CEO from

the Norwegian aquaculture industry. He has been the CEO of Nordlaks Produkter AS

since 2001 and has multiplied the company's revenues by 15 during this period.

He is a Norwegian citizen.

The extraordinary general meeting will be held on 19 March 2021 at 12:00 (CET)

in the offices of Andfjord Salmon AS at Havnegaten 19, Sortland. Due to the

ongoing Covid-19 pandemic, all shareholders are urged to not meet in person, but

rather to provide proxy to vote for the shares. A proxy form is attached to the

notice.

DISCLAIMER

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. 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

innkalling til ekstraordinaer generalforsamling Andfjord Salmon AS.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/379/472/innkalling%20til%20ekstra

ordinaer%20generalforsamling%20Andfjord%20Salmon%20AS.pdf