Andfjord Salmon AS - Primary insider notification

12.6.2024 07:15:00 CEST | Andfjord Salmon | Mandatory notification of trade
primary insiders

Gro Skaar Knutsen has on 11 June 2024 acquired 9,259 shares in Andfjord Salmon
AS at an average price of 32.40 NOK per share. Knutsen is member of the board of
directors of Andfjord Salmon Group AS. Please see the attached PDMR form for
further details.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act section 5-12.

CONTACTS

* Bjarne Martinsen, CFO, Andfjord Salmon AS, +47 975 08 345,
bjarne.martinsen@andfjord.no

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord
Salmon is developing the world's most sustainable and fish-friendly aquaculture
facility of its kind. Through a proprietary flow-through system, Andfjord Salmon
combines the best from ocean and land-based salmon farming. In its first
production cycle, the company achieved an industry-leading survival rate of 97.5
percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and
required 1 kWh to produce one kilo of salmon. Andfjord Salmon has identified a
roadmap towards a production capacity of 40,000 tonnes HOG at Kvalnes, Andøya,
and set a long-term ambition to reach 90,000 tonnes HOG across Kvalnes, Breivika
and Fiskenes at Andøya. For more information, see www.andfjordsalmon.com -
http://www.andfjordsalmon.com/.

ATTACHMENTS

PDMR form Gro Skaar Knutsen 240611.pdf -
https://kommunikasjon.ntb.no/ir-files/17847566/18136649/4635/PDMR%20form%20Gro%2
0Skaar%20Knutsen%20240611.pdf