Salmon Evolution ASA - Regulatory Filings 2026

Salmon Evolution ASA: Phase 2 taken into operation with first smolt release completed

Salmon Evolution ASA (OSE: SALME) has reached a significant milestone by

taking phase 2 at Indre Harøy into operation and completing the first smolt

release. Following release, the smolt has adapted well and feeding has

commenced, with other operational parameters stable and in line with

expectations. Including phase 2 Salmon Evolution plan to release around 2.8

million smolt at Indre Harøy in 2026, an increase of approximately 60 % from

"When completed phase 2 will more than double capacity at Indre Harøy, being a

real game-changer for Salmon Evolution" said CEO of Salmon Evolution, Trond

Håkon Schaug-Pettersen. "Phase 2 builds on four years of operational

experience from phase 1, and combined phases 1 and 2 provides scale and

represents an unmatched operational platform in sustainable, land-based salmon

farming, unlocking strong expected cash flow generation and a full

transformation of Salmon Evolutions earnings capacity," he said.

Please visit our web-page for video and pictures from this milestone:

salmonevolution.no

For further information, please contact:

Trond Håkon Schaug-Pettersen, CEO

+47 91 19 13 27

Trond Vadset Veibust, CFO

+47 48 09 05 95

About Salmon Evolution

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

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 proof of concept at Indre Harøy, Salmon Evolution targets significant

expansion.

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

please visit www.salmonevolution.no.

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