Norway Royal Salmon ASA (NRS): Extraordinary general meeting

Reference is made to the proposed merger between Norway Royal Salmon ASA (“NRS”) and SalMar ASA ("SalMar") (the “Merger”) pursuant to the merger plan dated 30 May 2022 (the “Merger Plan”), as approved by the respective companies' extraordinary general meetings held on 30 June 2022.

The processes of obtaining the necessary approvals for the Merger from the relevant authorities have taken longer than expected when the Merger Plan was entered into. As such, the board of directors of NRS and SalMar deem it necessary to call for extraordinary general meetings to extend the long stop date for completion of the Merger set out in section 8 of the Merger Plan. The board of directors of NRS has resolved to call for an extraordinary general meeting of the company to be held on 28 October 2022 at 10:00 (Norwegian time). The general meeting will be held as a digital meeting. Please find the notice of the Extraordinary General Meeting enclosed.

The Merger remains subject to receipt of further approvals from competition authorities, including the European Commission, and such other conditions set out in the Merger Plan.

NTS ASA, which owns approximately 68.14 % of the shares in NRS, has undertaken to vote for the proposed resolutions on the agenda.

For more information, please contact:

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

Charles Høstlund, CEO: +47 994 18 449

About Norway Royal Salmon:

The Norway Royal Salmon (NRS) group owns 36 455 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.