Salmon Evolution ASA — Board/Management Information 2021

Apr 27, 2021

Salmon Evolution Holding ASA: Salmon Evolution appoints Odd Frode Roaldsnes as Head of Asia

Salmon Evolution Holding ASA: Salmon Evolution appoints Odd Frode Roaldsnes as Head of Asia

Salmon Evolution Holding ASA ("Salmon Evolution" or the "Company", OSE: SALME) has appointed Odd Frode Roaldsnes (42) as their Head of Asia. Odd Frode will focus his work on the joint venture with Dongwon Industries (“K Smart Farming”) and in developing Salmon Evolution’s other business opportunities in the Asian markets. He joins Salmon Evolution from the seafood company Ocean Supreme in Ålesund and brings extensive experience from the salmon industry. His background is within the areas of management, business development and downstream operations where he has primarily been focusing on the Asian markets the last 15 years.

“I am very pleased to include Odd Frode in the growing Salmon Evolution team”, comments CEO Håkon André Berg. “He brings a deep understanding and thorough experience from the seafood industry and from doing business in Asia. He will be a key member of our company and will be very important as he will work closely with Dongwon to form our partnership in the years ahead”.

“I am very glad to join the Salmon Evolution team as I see great opportunities for high quality land-based salmon”, comments Odd Frode Roaldsnes. “I specially see a significant potential for locally made Salmon in the Korean and Asian markets, and to be part of such a disruptive initiative is very challenging and exiting”, he continues.

Odd Frode Roaldsnes is expected to join the Salmon Evolution team during Q3 2021.

For further information, contact:

Håkon A. Berg

CEO, Salmon Evolution

+47 411 92 257

About Salmon Evolution:

Salmon Evolution is a Norwegian land-based salmon farming company focused on extending the ocean's potential by transferring the best preconditions offered by the sea to farm fish on land through its hybrid flow-through system technology (HFS). This secures a truly sustainable production process with controlled and optimal growth conditions and limiting operational and biological risk.

The Company's first production facility is under construction at Indre Harøy, strategically located on the Norwegian west coast with unlimited access to fresh seawater, renewable energy, established infrastructure for salmon farming, and an educated and experienced work force. The entire project is designed for an annual capacity of approx. 31,500 tonnes HOG.

The Company has also entered into a joint venture with Dongwon Industries where the parties will develop, construct and operate a land-based salmon farming facility in South Korea with an annual production capacity of 16,800 tonnes HOG, using Salmon Evolution's HFS technology.

Salmon Evolution Holding ASA is listed at Euronext Growth under the ticker SALME.