Salmon Evolution ASA - Director's Dealing 2021

Salmon Evolution ASA: Mandatory Notification of Trade

Kristofer Reiten, a board member in Salmon Evolution ASA, is a shareholder of

Romsdalsfisk AS through his wholly-owned company, Bortebakken AS. Romsdalsfisk

AS owns 21,089,339 shares, equal to 6.9% of the issued and outstanding shares in

Salmon Evolution ASA. Today, Romsdalsfisk AS has decided to complete a de-merger

of Romsdalsfisk AS. Following such completion, Bortebakken AS (or its related

companies) will receive 6,387,057 shares, equal to 2.1% of the issued and

outstanding shares in Salmon Evolution ASA, as de-merger consideration, and

Romsdalsfisk AS will own zero shares in Salmon Evolution ASA.

Following completion of the above-mentioned demerger, Kristofer Reiten will

(through controlled companies) own 7,445,090 shares, equal to 2.4% of the issued

and outstanding shares, in Salmon Evolution ASA.

This information is made in accordance with MAR article 19 and the Norwegian

Securities Trading Act section 5-12.

For further information, please contact:

Trond Håkon Schaug-Pettersen, CFO,

+47 91 19 13 27

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 access to unlimited 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. In addition, the company is

expanding internationally through a JV in South Korea with Dongwon Industries

for a 16,800 tonnes HOG production facility.

Salmon Evolution ASA is listed at Oslo Stock Exchange under the ticker SALME.

To learn more, please visit www.salmonevolution.no

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