Aker ASA invests in post-smolt production at Træna

29 Dec 2022 14:00 CET

Aker ASA announced today that Aker Capital AS (collectively referred to as
"Aker") is participating in an equity financing round in the post-smolt salmon
producer Gaia Salmon Holding AS ("Gaia Salmon"), investing NOK 155 million for
25.3% ownership in the company. Rodo Landbasert AS holds approximately 45%
ownership. Gaia Salmon is building a post-smolt production facility at Træna,
Norway, with annual capacity of up to ~7,200 tonnes of post-smolt.

Aker is invested in offshore aquaculture through SalMar Aker Ocean AS ("SAO").
In conjunction with Aker's direct investment in Gaia Salmon, SAO has signed a
non-binding agreement with Gaia Salmon for delivery of post-smolt for offshore
salmon farming. The strategic cooperation will improve SAO's access to post
-smolt, which is an enabler for scaling offshore farming operations.

Aker has the right to increase its ownership in Gaia Salmon related to potential
next steps of development in the company.

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For more information, please contact:

Investors:
Fredrik Berge, Head of Investor Relations, Aker ASA
Tel: +47 450 32 090
Email: fredrik.berge@akerasa.com

Media:
Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA
Tel: +47 907 84 878
Email: atle.kigen@akerasa.com

More information:
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