Salmon Evolution ASA - Major Shareholding Notification 2024

Salmon Evolution ASA: Notification of Large Shareholding and Mandatory Notification of Trade

Ronja Capital AS has on 20 September 2024 transferred 32,407,311 shares in

Salmon Evolution ASA to Ronja Capital Investment AS at a price of NOK 6.70 per

share. Both companies are controlled by Roger Halsebakk and are closely related

to Tore Tønseth, chairman of the board of directors of Salmon Evolution ASA.

After the transaction Ronja Capital AS holds 0 shares in Salmon Evolution ASA

and Ronja Capital Investment AS 32,407,311 shares in Salmon Evolution ASA,

corresponding to an ownership of 7.0% of the issued and outstanding share

capital of Salmon Evolution ASA.

The transaction is related to internal restructuring of Ronja Capital AS.

Please find the PDMR notifications pursuant to the Market Abuse Regulation (MAR)

article 19 attached to this announcement.

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

Securities Trading Act sections 4-2 and 5-12.

For further information, please contact:

Trond Vadset Veibust, CFO

+47 48 09 05 95

About Salmon Evolution

Salmon Evolution is the global leader within land-based salmon farming with a

clear roadmap for 100,000 tonnes HOG annual production capacity. Pioneering the

hybrid flow-through system (HFS), Salmon Evolution is Extending the Ocean

Potential by creating optimal growth conditions in a controlled environment on

land. This approach, capturing the benefits of both land-based and sea-based

farming, puts biology first and limits operational and biological risk.

Salmon Evolution is strategically located the heart of the global aquaculture

industry on the west coast of Norway, where the Company has its first facility

and global centre of excellence fully operational at industrial scale. Enabled

by the proof of concept in Norway, Salmon Evolution targets significant

international expansion.

Salmon Evolution is listed on Oslo Børs under the ticker SALME. To learn more,

please visit www.salmonevolution.no

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