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Norway Royal Salmon ASA (NRS): Final result in mandatory offer to acquire all shares in Norway Royal Salmon ASA

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This is a copy of the stock exchange announcement from NTS ASA of 26 August 2021 on ticker "NTS"

Reference is made to the offer document dated 16 July 2021 (the "Offer Document") prepared in connection with the mandatory offer to purchase all remaining shares in Norway Royal Salmon ASA ("NRS") not already owned by NTS ASA (the “Offeror” or "NTS"), Midt-Norsk Havbruk AS or Gåsø Næringsutvikling AS (collectively, the "Consolidated Parties"), at a purchase price of NOK 209 per Share (the "Offer Price") ("Offer"), and the stock exchange announcement made by the Offeror on 13 August 2021 regarding amendment of the Offer Price to NOK 240 per share and extension of the offer period in the Offer to 26 August 2021 at 16:30 (CEST). The offer period expired today at 16:30 (CEST).

NTS had at the time of expiry of the offer period received acceptances for a total of 14,409,528 shares, corresponding to 33.1 % of the total number of shares and votes in NRS and 200,000 shares acquired in the market during 26. August 2021. NTS already holds 16,133,662 shares in NRS, and will following completion of the Offer hold in total 30,743,190 shares, corresponding to 70.6% of the total number of shares and votes in NRS. The number of acceptances received in the Offer may change based on final counting.

Shareholders who have accepted the Offer will receive settlement in NOK as soon as reasonable possible and no later than two weeks after the expiry of the offer period, being 9 September 2021.

Danske Bank, Norwegian Branch and Nordea Bank Abp, filial i Norge are acting as financial advisors to the Offeror in connection with the Offer. Arntzen de Besche Advokatfirma AS is the Offerors legal advisor in connection with the Offer.

This information is subject to the disclosure requirements in the Norwegian Securities Trading Act § 5-12.