Norway Royal Salmon ASA (NRS): CFO Ola Loe steps down

(Trondheim, 25 May 2022) Ola Loe steps down from his position as CFO of Norway Royal Salmon ASA ("NRS") after 13 years in the company. He will for a transitional period remain available for the board and management team of NRS.

"Ola has done a solid job for NRS and he has played an important role in the development of the company since he took the position as CFO in 2009. I would like to thank Ola for his commitment and wish him the best of luck in the future, says Charles Høstlund  - Interim CEO in NRS.

"NRS has had a fantastic development from 2009. From an annual harvest volume of 6,000 tonnes when I started to now have an annual production capacity of about 85,000 tonnes. It has been a pleasure to work with the team in NRS and I will miss the employees and the challenging work tasks,” says Ola Loe.

Bjørn Kleven, Group Accounting Manager, will take over as interim CFO.

For further information, please contact:

Interim CEO Charles Høstlund, +47 99 41 84 49

About Norway Royal Salmon:

The Norway Royal Salmon (NRS) group owns 36 085 tonnes MAB for salmon farming located in Troms and Finnmark, and 21 800 tonnes MAB for salmon farming and 5 300 MAB for trout farming in Iceland through the company Arctic Fish. In addition, the group has minority interest in two associated Norwegian fish farming companies which together own 9 fish farming licenses. 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