Geveran Trading Co. Limited ("Geveran") has, on6 March 2023 , settled a total return swap ("TRS") agreement inMowi ASA ("Mowi ") with underlying financial exposure to 4,000,000 shares inMowi expiring today. Geveran has subsequently entered into a new total return swap agreement with exposure to the same number of underlying shares inMowi with an expiry date on7 June 2023 and a strike price ofNOK 177.7954 per share. Geveran also owns 74,289,287 shares inMowi , equal to 14.37 percent of the issued shares and votes inMowi . However, Geveran has lent out 500,000 of its shares inMowi and, as a result, currently only holds 73,789,287 shares inMowi , equal to 14.27 percent of the issued shares and votes inMowi . Following the TRS swap and including the shares owned minus the lent shares, Geveran's financial exposure inMowi is unchanged at 77,789,287 shares representing 15.04 percent of the share capital ofMowi . 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 Act
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