Salmon Evolution ASA: Integrated Annual Report 2022

17 Apr 2023 20:41 CEST

The Board of Directors of Salmon Evolution ASA ("Salmon Evolution" or the
"Company", OSE: SALME) has today on 17 April 2023, approved Salmon Evolution's
Integrated Annual Report for 2022.

Please find attached the Integrated Annual Report 2022 for Salmon Evolution,
including ESG reporting and complete annual accounts with notes. The report can
also be accessed on the Company's website www.salmonevolution.no and is also
available in the European Single Electronic Format (ESEF).

For further information, contact:

Trond Håkon Schaug-Pettersen
CEO, Salmon Evolution
+47 911 91 327

About Salmon Evolution

Salmon Evolution is a Norwegian land-based salmon farming company targeting a
production capacity of 100,000 tonnes HOG by 2032. The Company's core focus is
on extending the ocean's potential by transferring the best preconditions
offered by the sea to farm fish on land through its chosen hybrid flow-through
system technology (HFS). This secures a truly sustainable production process
with controlled and optimal growth conditions and limiting operational and
biological risk.

The Company's first production facility is strategically located at Indre Harøy
on the Norwegian west coast with unlimited access to fresh seawater, renewable
energy, established infrastructure, and an educated and experienced work force.
Phase 1 is already in operation and will have an annual capacity of 7,900 tonnes
HOG at steady state. Fully developed, the Indre Harøy facility will have an
annual capacity of 31,500 tonnes HOG.

The Company has also entered into a joint venture with Dongwon Industries where
the parties will develop, construct and operate a land-based salmon farming
facility in South Korea with an annual production capacity of 16,800 tonnes HOG,
using Salmon Evolution's chosen HFS technology.

Furthermore, Salmon Evolution has initiated a process with the aim of
establishing a land-based salmon farming operation in North America.

Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME.

To learn more, please visit www.salmonevolution.no

More information:
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587783_549300P2OB7L255PF765_2022_12_31_en.zip
587783_SALME_2022_Annual_Report.pdf