Mandatory notification of trade by primary insider (NRS)

Name of notifier: Arve Olav Lervåg

Background for the notification: Arve Olav Lervåg is COO Farming and primary insider in Norway Royal Salmon ASA

Name of the issuer: Norway Royal Salmon ASA

Description of the financial instrument: Shares NRS

Type of transaction: Sale

Date: 12 May 2020

Marketplace for the transaction: Oslo Stock Exchange

Price: NOK 225.37 per share

Volume: 3 000 shares

Holding after the transaction: 1 534 shares in NRS