Salmones Camanchaca S.A. has signed an MOU to extend its Trout Joint Venture
agreement with Caleta Bay and Kabsa S.A., originally agreed for the period 2017-
2022 for the production, distribution and sales of trout in seawater sites in
the Reloncaví estuary, Los Lagos Region (Chile),which are owned by Salmones
Camanchaca.

Salmones Camanchaca originally contributed 6 aquaculture concessions to the
Joint Venture, 4 of which will continue to be operated by Caleta Bay after 2022,
and where Kabsa S.A. also participates as a third associate. The three Joint
Venture partners participate in equal part of the results of this operation.



The Joint Venture contract has been extended for a period of 6 years from
January 2023 but operating 4 concessions with a total expected intake of
approximately 6 million fish per productive cycle (2 years). This intake
represents approximately two thirds of the Joint Venture production of
approximately 9 million fish per cycle.



The remaining 3 million fish will be utilized by Salmones Camanchaca in its
production of Atlantic salmon and Coho. These additional volumes will enable
Salmones Camanchaca to achieve a more balanced production of the three species,
and consistent with its existing production capacity in freshwater, seawater and
processing.

Salmones Camanchaca estimates this new agreement will increase its annual
average harvest volume by approximately 6,000 tons WFE, an increase of 10% from
2023 expected volumes.



Please see attachment on www.newsweb.no



For more information please contact:

Ricardo García, Vice chairman, +56 2 2873 2992 / rgarcia@camanchaca.cl

Marta Rojo, Finance Director & Head of IR, +56 2 2873 2987 /
marta.rojo@camanchaca.cl



About Salmones Camanchaca

Salmones Camanchaca S.A. is a vertically and fully integrated salmon producer
with operations in farming, processing, marketing and sale of salmonids. The
company is also involved in farming of trout through a joint venture (1/3 share)
and has an estimate harvest of 55-60,000 tons WFE of Atlantic salmon for
2019-2021. Therefore, including trout production in the Company's farming sites,
the total existing production capacity reaches 70-75,000 harvested tons WFE. The
company has approximately 1,500 employees.



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

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