Norway Royal Salmon ASA (NRS): Conclusion of supplementary agreement

On 11 January 2022, Norway Royal Salmon ASA ("NRS"), NRS' wholly owned subsidiary NRS Farming AS and NTS ASA entered into an agreement regarding NRS Farming AS' purchase of all the shares in SalmoNor AS from NTS ASA (the "Transaction Agreement").

The boards of NRS, NRS Farming AS and NTS ASA have entered into a supplementary agreement to the Transaction Agreement, which entails that the completion deadline pursuant to the Transaction Agreement is extended from 30 April 2022 to 15 December 2022.

For more information, please contact:

Paal E. Johnsen, Chairman of the Board of Directors: +47 484 02 000

Charles Høstlund: CEO +47 994 184 49

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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 on Iceland through the company Arctic Fish. In addition, the group has minority interest in two associated Norwegian fish farming companies which together own nine 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.