SalMar ASA - Arctic Fish update: EU Commission approval

Frøya, 23 December 2022

With reference to the stock exchange announcement on 31 October 2022 regarding SalMar ASA’s sale of its ownership of 51.28% of the shares in Arctic Fish Holding AS to Mowi ASA.

SalMar ASA is pleased to announce that the EU Commission has approved Mowi ASA as the purchaser of SalMar ASA’s shares in Arctic Fish Holding AS and that the parties may therefore proceed with closing the transaction.

For further information, please contact:

Håkon Husby, Head of IR SalMar

Tel: +47 936 30 449

Email: [email protected]

This information is information required to be made public pursuant to section 5-12 of the Norwegian Securities Trading Act

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 Norway, at InnovaMar in Frøya, InnovaNor in Senja and Vikenco in Aukra. In addition, the company is operating within offshore aquaculture through the company SalMar Aker Ocean. SalMar also owns 50% of the shares in Scottish Sea Farms Ltd.

See www.salmar.no for more information about SalMar.