Norway Royal Salmon (NRS): Terminated discussions with NTS ASA

Reference is made to the stock exchange announcement on 13 October 2020 regarding ongoing discussions related to a possible merger between Midt-Norsk Havbruk AS and Norway Royal Salmon ASA.

These discussions have now been terminated and the companies will continue their business operations as before.

For more information, please contact:

CEO Charles Høstlund, +47 994 18 449

CFO Ola Loe, +47 911 79 411

About Norway Royal Salmon:

The Norway Royal Salmon (NRS) group owns 36 085 tonnes MAB located in Troms and Finnmark. In addition, the group has minority interest in three associated Norwegian fish farming companies which together own 11 fish farming licenses, as well as Arctic Fish on Iceland that has licenses for 11 800 tonnes in MAB. 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