SalMar ASA — M&A Activity 2021

Dec 15, 2021

SalMar - Scottish Sea Farms Ltd.'s acquisition of Grieg Seafood Hjaltland UK Ltd. has been completed

SalMar - Scottish Sea Farms Ltd.'s acquisition of Grieg Seafood Hjaltland UK Ltd. has been completed

SalMar ASA announced on 29 June 2021 that Scottish Sea Farms Ltd., a vertically

integrated Scottish salmon farming company owned 50/50 by Lerøy Seafood Group

ASA and SalMar ASA, had signed a Share Purchase Agreement to acquire 100% of the

shares in Grieg Seafood Hjaltland UK Ltd. from Grieg Seafood ASA (the

"Transaction"). Completion of the Transaction was subject to certain customary

closing conditions, including the approval from relevant competition

authorities.

Completion of the Transaction took place today in accordance with the

transaction agreement.

For queries, please contact:

Leif Inge Nordhammer, Board Chair SalMar ASA, +47 916 85 250

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.