Norway Royal Salmon ASA (NRS): Key information relating to the subsequent offer

Reference is made to the stock exchange notice by Norway Royal Salmon ASA ("Company") on 31 March 2022 at 07:12 (CEST) announcing the placement of a private placement of new shares in the Company (the "Private Placement"), and the stock exchange notice of 31 March 2022 at 16:44 (CEST) where the Board of Directors announces its proposal to conduct a subsequent share offering (the "Subsequent Offering").

Please find key information relating to the Subsequent Offering below:

Date on which the terms and conditions of the repair issue were announced: 31 March 2022

Last day including right: 30 March 2022

Ex-date: 31 March 2022

Record date: 1 April 2022

Date of approval: 2 May 2022

Maximum number of new shares: 1,500,000

Subscription price: NOK 202 per share.

Other information: The Subsequent Offering is proposed directed towards shareholders of the Company as of 30 March 2022 (as registered with the VPS on 1 April 2022) who (i) were not allocated shares in the Private Placement, (ii) have not explicitly decided not to participate in the Private Placement and (iii) who are not resident in a jurisdiction where such offering would be unlawful or (for jurisdictions other than Norway) would require any prospectus, filing, registration or similar action). Such shareholders will be granted non-transferable subscription rights that provide rights to subscribe for and be allocated shares in the Subsequent Offering.

Completion of the Subsequent Offering is conditional upon the general meetings approval, and completion of the Private Placement and the issuance of the Share Consideration. The Board of Directors will following the extraordinary general meeting of 7 April 2022 convene a new extraordinary general meeting with to decide on the Subsequent Offering.

This information is published in accordance with the requirements of the Continuing Obligations.