Norway Royal Salmon (NRS): Mandatory notification of trade

Reference is made to the stock exchange announcement by Norway Royal Salmon ASA (the "Company") published on 31 March 2022 at 07:12 (CEST), regarding the successful private placement of new shares in the Company (the "Private Placement") at a subscription price of NOK 202 per share. The following primary insiders and their close associates have subscribed for and been allocated new shares in the Private Placement:

- Ola Loe, CFO subscribed for and was allocated 49.500 shares at a subscription price of NOK 202 in the Private Placement.

- Hatlebrekke Invest AS, close associate to primary insider and Interim CEO in NRS, Klaus Hatlebrekke, subscribed for and was allocated 49.500 shares at a subscription price of NOK 202 in the Private Placement.

- Nyhamn AS, close associate to primary insider and board member in NRS Ingri Marie Sivertsen, subscribed for and was allocated 247.524 shares at a subscription price of NOK 202 in the Private Placement.

- Kristine Landmark, board member subscribed for and was allocated 4.754 shares at a subscription price of NOK 202 in the Private Placement.

.

Please refer to the attached forms for further information.

This notification has been submitted pursuant to MAR article 19 and the Securities Trading Act § 5-12.