Salmon Evolution ASA — Proxy Solicitation & Information Statement 2021

Mar 11, 2021

Ref. no.: PIN code:

Notice of Extraordinary General Meeting

The extraordinary general meeting of Salmon Evolution Holding AS will be held on 18 March 2021 at 10:00h CET Company's offices at Eikremsvingen 6422 Molde, Norge.

If the above-mentioned shareholder is an enterprise, it will be represented by: ____________________________________

Name of enterprise's representatives (To grant a proxy, use the form below)

other shares in accordance with enclosed proxy

Notice of attendance/voting prior to meeting

The undersigned will attend the extraordinary general meeting on 18 March 2021 and vote for:

own shares

A total of shares

IMPORTANT NOTICE: Due to the outbreak of the COVID-19 coronavirus, shareholders are encouraged to avoid personal attendance at the general meeting and instead vote electronically in advance of the meeting or alternatively attend by way of granting a proxy to the chairman of the company by using this proxy form.

This notice of attendance should be received by DNB Bank ASA no later than 16:00h CET on 17 March 2021. Notice of attendance may be sent electronically through VPS Investor Services. Advance votes may only be cast electronically, through the company's website www.salmonevolution.no or through VPS Investor Services. To access the electronic system for notification of attendance and advance voting through the company's website, the above-mentioned reference number and PIN code must be stated.

It may also be sent by e-mail: genf@dnb.no. Post to DNB Bank ASA, Registrar's Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway.

___________________________ ______________ _________________________________________

Place Date Shareholder's signature

(If attending personally. To grant a proxy, use the form below)

Ref. no.: PIN code:

Proxy (without voting instructions)

This form is to be used for a proxy without voting instructions. To grant a proxy with voting instructions, please go to page 2.

If you are unable to attend the extraordinary general meeting in person, this proxy may be used by a person authorised by you, or you may send the proxy without naming the proxy holder, in such case, the proxy will be deemed to be given to the Chair of the Board of Directors or a person authorised by him. The proxy form should be received by DNB Bank ASA, Registrar's Department no later than 16:00h CET on 17 March 2021.

The proxy may be sent electronically through VPS Investor Services. It may also be sent by e-mail: genf@dnb.no or by post to DNB Bank ASA, Registrar's Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway.

The undersigned: ___________________________________ hereby grants (tick one of the two):

the Chair of the Board of Directors (or a person authorised by him), or

_____________________________________________

Name of proxy holder (in capital letters)

a proxy to attend and vote my/our shares at the extraordinary general meeting of Salmon Evolution Holding AS on 18 March 2021.

___________________________ ______________ _________________________________________

Place Date Shareholder's signature (Signature only when granting a proxy)

With regard to rights of attendance and voting, reference is made to the Norwegian Private Limited Liability Companies Act, in particular Chapter 5. If the shareholder is a company, the company's certificate of registration must be attached to the proxy.

Ref. no.: PIN code:

Proxy (with voting instructions)

This proxy form is to be used for a proxy with voting instructions. If you are unable to attend the extraordinary general meeting in person, you may use this proxy form to give voting instructions. You may grant a proxy with voting instructions to a person authorised by you, or you may send the proxy without naming the proxy holder, in which case the proxy will be deemed to have been given to the Chair of the Board of Directors or a person authorised by him.

The proxy form should be received by DNB Bank ASA, Registrar's Department, no later than 16:00h CET on 17 March 2021.

It may be sent by e-mail: genf@dnb.no or by post to DNB Bank ASA, Registrar's Department, P.O.Box 1600 Sentrum, 0021 Oslo, Norway.

The undersigned: ______________________________________ hereby grants (tick one of the two):

the Chair of the Board of Directors (or a person authorised by him), or

____________________________________

Name of proxy holder (in capital letters)

a proxy to attend and vote my/our shares at the extraordinary general meeting of Salmon Evolution Holding AS on 18 March 2021.

The votes shall be exercised in accordance with the instructions below. Please note that if any items below are not voted on (not ticked off); this will be deemed to be an instruction to vote "for" the proposals in the notice. However, if any motions are made from the floor, in addition to or replacement of the proposals in the notice, the proxy holder may vote or abstain from voting at his discretion. In such case, the proxy holder will vote on the basis of his reasonable understanding of the motion. The same applies if there is any doubt as to how the instructions should be understood. Where no such reasonable interpretation is possible, the proxy holder may abstain from voting.

#	Agenda for the Extraordinary General Meeting	For	Against	Abstention
1	Appointment of chair of the meeting and person to sign the minutes together with the chair (no voting item)	______	_	_____
2	Approval of the notice and agenda
3	Conversion of the Company into a Norwegian public limited liability company
4	Appointment of new board members
5	Nomination committee in the articles of association
6	Amendments to the articles of association
7	Board authorization for share capital increases in connection with private placement and subsequent offering

Place Date Shareholder's signature (Only for granting proxy with voting instructions)

With regard to rights of attendance and voting, reference is made to the Norwegian Private Limited Liability Companies Act, in particular Chapter 5. If the shareholder is a company, the company's certificate of registration must be attached to the proxy.

___________________________ ______________ _________________________________________