Salmon Evolution ASA - Director's Dealing 2022

Salmon Evolution ASA: Mandatory Notification of Trade

Rofisk AS, a closely associated person of Glen Bradley, a board member in Salmon

Evolution ASA, has on 8 September 2022 purchased 840,235 shares in Salmon

Evolution ASA at a price of NOK 8.331 per share. After the transaction Rofisk AS

holds 14,537,897 shares in Salmon Evolution ASA.

Please find attached Primary insider notification pursuant to the Market Abuse

Regulation article 19.

For further information please contact:

Trond Håkon Schaug-Pettersen

CFO

+47 911 91 327

About Salmon Evolution:

Salmon Evolution is a Norwegian land-based salmon farming company targeting a

production capacity of 100,000 tonnes HOG by 2032. The Company's core focus is

on extending the ocean's potential by transferring the best preconditions

offered by the sea to farm fish on land through its chosen 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 strategically located at Indre Harøy

on the Norwegian west coast with unlimited access to fresh seawater, renewable

energy, established infrastructure, and an educated and experienced work force.

Phase 1 is already in operation and will have an annual capacity of 7,900 tonnes

HOG at steady state. Fully developed, the Indre Harøy facility will have an

annual capacity of 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 chosen HFS technology.

Furthermore, the Salmon Evolution has initiated a process with the aim of

establishing a land-based salmon farming operation in North America.

Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME.

To learn more, please visit www.salmonevolution.no

AI assistant