Reference is made to the stock exchange announcement made by NRS earlier today
on 7 November 2022 regarding completion of the merger with SalMar ASA.

The merger has after close of trading on Oslo Børs today been completed by
registration in the Norwegian Register of Business Enterprises. Consequently,
NRS has now been struck off as a company, and the last day of trading in the NRS
shares on Oslo Børs was today. SalMar has now absorbed all assets, rights and
obligations of NRS. The merger consideration, consisting of cash and new shares
in SalMar, is expected to be delivered to the former shareholders of NRS on or
about 11 November 2022. Any trade in the merger consideration shares prior to
such delivery must be carried out in compliance with applicable short sale and
other regulations.

Carnegie AS acts as financial advisor and Wikborg Rein Advokatfirma AS acts as
legal advisor to NRS.

For more information, please contact:

Paal Espen Johnsen, Chairman of the Board of Directors: +47 484 02 000

Charles Høstlund, CEO: +47 994 18 449

About Norway Royal Salmon:

The Norway Royal Salmon (NRS) group owns 36 085 tonnes MAB for salmon farming
located in Troms and Finnmark, and 21 800 tonnes MAB for salmon farming and 5
300 MAB for trout farming on Iceland through the company Arctic Fish. In
addition, the group has minority interest in two associated Norwegian fish
farming companies which together own nine fish farming licenses. NRS is an
attractively positioned fish farming group, which offers salmon to the market
through its own sales organisation.

For further details, please visit www.norwayroyalsalmon.com.

This information is subject to the disclose requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange