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Salmon Evolution ASA Director's Dealing 2022

Feb 11, 2022

3732_dirs_2022-02-11_d35da258-e98b-4a30-a6c8-b1127a85eeed.html

Director's Dealing

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Salmon Evolution ASA: Mandatory Notification of Trade

Salmon Evolution ASA: Mandatory Notification of Trade

Ronja Capital II AS, a closely associated person of Tore Tønseth, the Chairman

of Salmon Evolution ASA, has on 11 February 2022 purchased 150,000 shares in

Salmon Evolution ASA at a price of NOK 9.1261 per share. After the transaction

Ronja Capital II AS holds 26,837,687 shares in Salmon Evolution ASA.

Please find attached Primary insider notifications pursuant to the Market Abuse

Regulation article 19.

For further information please contact:

Trond Håkon Schaug-Pettersen

CFO

+47 911 91 327

[email protected]

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 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 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 chosen HFS technology.

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

To learn more, please visit www.salmonevolution.no