Kalera S.A. — Director's Dealing 2022

Mar 7, 2022

Kalera AS: Mandatory notification of trade

Kalera AS: Mandatory notification of trade

Oslo, 7 March 2022: Primary insiders and close associates have today acquired shares in Kalera AS ("Kalera" or the "Company") (Euronext Growth Oslo ticker: KAL, Bloomberg: KAL NO).

Lightrock Growth Fund I S.A., SICAV-RAIF

for the account of its sub-fund Lightrock Global Fund

8, a close associate to board member, Sakip-Umur Hürsever, has acquired 884,064 shares at price of NOK 4.8781 per share.

Canica AS, a close associate to board member, Christopher Logan, has acquired 442,032 shares at price of NOK 4.8781 per share.

Convexa AS, a close associate to board member, Bjørge Gretland, has acquired 353,626 shares at price of NOK 4.8781 per share.

Kim Axel Lopdrup, primary insider and board member, has acquired 176,813 shares at price of NOK 4.8781 per share.

Curtis McWilliams, primary insider and Interim CEO, has acquired 176,813 shares at price of NOK 4.8781 per share.

Christian Toma, primary insider and Chief Science Officer, has acquired 17,681 shares at price of NOK 4.8781 per share.

Maria Sastre, primary insider and board member, has acquired 17,681 shares at price of NOK 4.8781 per share.

Jade A. Stinson, primary insider and Co-founder and President of Vindara, has acquired 132,610 shares at price of NOK 4.8781 per share.

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

For further information, please contact:

Curtis McWilliams, Interim CEO

E-mail: Curtis.McWilliams@kalera.com

Kalera in brief: The Kalera Group is a vertical farming group headquartered in Orlando, Florida. Kalera uses technology to ensure that more people around the world have access to the freshest, most nutritious, and cleanest products possible. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in the US (Orlando, Florida, Atlanta, Georgia and Houston, Texas), Kuwait and Germany. More information is available at www.kalera.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 19 of the EU Market Abuse Regulation