Disclosure of large shareholding

05 Jun 2024 17:22 CEST

Oslo, 5 June 2024, Notification of trade

Geveran Trading Co. Limited ("Geveran") has, on 5 June 2024, 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 an expiry date on 6 September 2024 and a
strike price of NOK 189.14 per share. Geveran also owns 74,289,287 shares in
Mowi, equal to 14.37 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 15.14 percent of the share
capital of Mowi.

This disclosure is made pursuant to sections 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.

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