Norway Royal Salmon ASA (NRS): Sale of shares in Sør Farming AS

With reference to the stock exchange announcement on 26 September 2019, NRS is pleased to announce that the divestment of 100% of the shares in Sør Farming AS to Tombre Fiskeanlegg AS, Lingalaks AS and Eidesvik Laks AS has been completed today.

Following a demerger of NRS Farming AS completed on 23 November 2019, Sør Farming AS owns the salmon farming business "Region South" with 4,680 tonnes MAB, that was previously part of NRS Farming AS.

In connection with the transaction, the parties have also entered into a long-term cooperation with regards to sale and purchase of fish.

DNB Markets is acting as NRS' financial advisor in connection with the transaction and Advokatfirmaet Wiersholm is acting as NRS' legal advisor in connection with the Transaction.

For more information, please contact:

  · CEO Charles Høstlund, +47 994 18 449

  · CFO Ola Loe, +47 911 79 411

Norway Royal Salmon ASA in brief:

Norway Royal Salmon ASA (NRS) group owns 34,746 tonnes MAB located in West Finnmark and Troms. In addition, the group has minority interests in three associated Norwegian fish farming companies, which together own ten fish farming licenses, as well as Arctic Fish in Iceland that has licenses for 11 000 tonnes. 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