Salmon Evolution ASA: Minutes from annual general meeting

STOCK EXCHANGE NOTICE

7th June 2023 / 10:30

Salmon Evolution ASA (“Salmon Evolution” or the "Company") has today held the 2023 annual general meeting (“AGM”).

All resolutions were made in accordance with the proposals set out in the meeting notice, including amendments to the articles of association and renewal of board authorizations.

The General Meeting also elected Jan Emil Johannessen and Vibecke Bondø as new members of the board to replace the resigning board members, for a period of two years. Anne Breiby and Peder Stette were reelected for a period of two years.

The board of directors of Salmon Evolution now comprises of:

- Tore Tønseth (chair),
- Jan Emil Johannesen,
- Vibecke Bondø,
- Peder Stette,
- Anne Breiby,
- Eunhong Min,
- Janne  Grethe Strand Aasnæs, and
- Ingvild Vartdal

Minutes from the AGM are attached to this notice and are also available on the Company’s website.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

ABOUT

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.

CONTACT

For further information, please contact:

Trond Håkon Schaug-Pettersen, CEO
thsp@salmone.no
+47 91 19 13 27

Trond Vadset Veibust, CFO
tvv@salmone.no
+47 48 09 05 95