Disclosure of large shareholding

06 Dec 2022 16:42 CET

Notification of trade

Geveran Trading Co. Limited ("Geveran") has on 6 December 2022 settled a total
return swap ("TRS") agreement in Mowi ASA ("Mowi") with underlying financial
exposure to 4,000,000 shares in Mowi expiring today. Geveran has subsequently
entered into a new total return swap agreement with exposure to the same number
of underlying shares in Mowi with expiry date on 6 March 2023 and strike price
of NOK 153.55 per share. Geveran also owns 74,289,287 shares in Mowi, equal to
14.4 percent of the issued shares and votes in Mowi. Following the TRS swap and
including the shares owned, Geveran’s financial exposure in Mowi is unchanged at
78,289,287 shares representing 15.1 per cent of the share capital of Mowi. This
disclosure is made pursuant to section 4-2 and 4-3 of the Norwegian Securities
Trading Act, and is subject to the disclosure requirement pursuant to section
5-12 of the Norwegian Securities Trading Act.

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