(25 January 2024) Mowi has today received a Statement of Objections from the
European Commission as a result of their inspections in February 2019 of several
Norwegian producers of farmed Atlantic salmon, including Mowi. The Statement of
Objections is not a final decision, but rather the Commission's preliminary view
that the companies under investigation may have breached EU competition rules.
Mowi contests the Commission's preliminary view and the characteristics of the
alleged behaviour in the market for farmed Norwegian Atlantic salmon, and
strongly believes there has been no infringement of the competition rules.
Mowi will now carefully review the Commission's Statement and reply in writing,
following standard process.
Issuing a Statement of Objections and opening a formal procedure does not in any
way prejudge the outcome. The Commission will first after the parties have
exercised their rights of defence conclude on whether the alleged behaviour
amounts to a violation of the EU competition rules.
The press release from the European Commission is available on the Commission's
website: https://ec.europa.eu/commission/presscorner/detail/en/ip_24_405
The information included in this announcement is defined as inside information
pursuant to article 7 of the Market Abuse Regulation and is publicly disclosed
in accordance with article 17 of the Market Abuse Regulation and section 5-12 of
the Norwegian Securities Trading Act.
This stock exchange announcement was published by Kim Galtung Døsvig, Investor
Relations Officer in Mowi ASA, on 25 January 2024 at 11:45 CET.