SalMar - Settlement of acquisition of shares in AS Knutshaugfisk - issue of new shares

27 Feb 2025 08:00 CET

Frøya, 27 February 2025:

Reference is made to the announcement by SalMar ASA (the "Company") on 18
February 2025 with information regarding the acquisition of a controlling
interest in AS Knutshaugfisk (the "Transaction").

Settlement of the Transaction will be made partly in cash and partly by the
issuance of 716,652 new shares by the Company at a subscription price of NOK
559 per share (the "Consideration Shares").

The board of directors has today resolved to issue the Consideration Shares as
partial settlement for the Transaction, pursuant to an authorisation registered
in the Norwegian Register of Business Enterprises on 12 June 2024.

Following the issuance of the Consideration Shares, the Company's share capital
will be NOK 33,188,893, consisting of 132,755,572 shares, each share with a par
value of NOK 0.25.

The share capital increase will be registered in the Norwegian Register of
Business Enterprises.

For further information, please contact:

Ulrik Steinvik, CFO
Tel: +47 900 84 538
Email: ulrik.steinvik@salmar.no

Håkon Husby, Head of Investor Relations
Tel: +47 936 30 449
Email: hakon.husby@salmar.no

About SalMar

SalMar is one of the world's largest and most efficient producers of salmon. The
Group has farming operations in Central Norway, Northern Norway and Iceland, as
well as substantial harvesting and secondary processing operations. In addition,
the company is operating within offshore aquaculture through the company SalMar
Aker Ocean and SalMar owns 50% of the shares in Scottish Sea Farms Ltd.

See www.salmar.no for more information about the company.

This information is subject to the disclosure requirements stipulated in section
5-12 of the Norwegian Securities Trading Act.

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