Salmon Evolution Holding ASA ("Salmon Evolution" or the "Company", OSE: SALME)
has appointed Odd Frode Roaldsnes (42) as their Head of Asia. Odd Frode will
focus his work on the joint venture with Dongwon Industries ("K Smart Farming")
and in developing Salmon Evolution's other business opportunities in the Asian
markets. He joins Salmon Evolution from the seafood company Ocean Supreme in
Ålesund and brings extensive experience from the salmon industry. His background
is within the areas of management, business development and downstream
operations where he has primarily been focusing on the Asian markets the last 15
years. 

"I am very pleased to include Odd Frode in the growing Salmon Evolution team",
comments CEO Håkon André Berg. "He brings a deep understanding and thorough
experience from the seafood industry and from doing business in Asia. He will be
a key member of our company and will be very important as he will work closely
with Dongwon to form our partnership in the years ahead". 

"I am very glad to join the Salmon Evolution team as I see great opportunities
for high quality land-based salmon", comments Odd Frode Roaldsnes. "I specially
see a significant potential for locally made Salmon in the Korean and Asian
markets, and to be part of such a disruptive initiative is very challenging and
exiting", he continues. 

Odd Frode Roaldsnes is expected to join the Salmon Evolution team during Q3
2021.


For further information, contact:
Håkon A. Berg
CEO, Salmon Evolution
+47 411 92 257


About Salmon Evolution:
Salmon Evolution is a Norwegian land-based salmon farming company focused on
extending the ocean's potential by transferring the best preconditions offered
by the sea to farm fish on land through its 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 under construction at Indre Harøy,
strategically located on the Norwegian west coast with unlimited access to fresh
seawater, renewable energy, established infrastructure for salmon farming, and
an educated and experienced work force. The entire project is designed for an
annual capacity of approx. 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 HFS technology. 

Salmon Evolution Holding ASA is listed at Euronext Growth under the ticker
SALME.

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