Salmon Evolution ASA — Delisting Announcement 2021

Jul 2, 2021

Salmon Evolution ASA: Submitted application for listing on Oslo Børs

Salmon Evolution ASA: Submitted application for listing on Oslo Børs

Salmon Evolution ASA ("Salmon Evolution" or the "Company", OSE: SALME) has today

submitted an application for listing of its shares on Oslo Børs (or

alternatively Euronext Expand) by transfer of its current listing on Euronext

Growth.

Subject to Oslo Børs' approval of the Company's listing application and

satisfaction of the conditions set by Oslo Børs, the Company expects that the

first day of trading of the Company's shares on Oslo Børs will be during the

first half of July 2021.

Mr Håkon André Berg, CEO of Salmon Evolution comments:

"The upcoming listing on Oslo Børs represents yet another major milestone for

Salmon Evolution and we see this as a solid validation of our business case and

our organization's capability to adhere to the strict requirements and

obligations connected with being listed on a regulated market.

We expect that the listing on Oslo Børs will further accelerate the overall

growth of our company, attract an even broader investor base, increase share

liquidity and strengthen the profile of Salmon Evolution."

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

For further information, contact:

Håkon A. Berg

CEO, Salmon Evolution

+47 411 92 257

Trond Håkon Schaug-Pettersen

CFO, Salmon Evolution

+47 911 91 327

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 ASA is listed at Euronext Growth under the ticker SALME.

To learn more, please visit www.salmonevolution.no.