The Board of Salmon Evolution ASA (the "Company") has approved the award and
allocation of 4,535,000 share options, at a strike price of NOK 6.00 per
share, to members of the Company's management and key employees.
Share options were granted to the following primary insiders:
* Trond Håkon Schaug-Pettersen (CEO): 1,000,000 options. Following the grant,
he holds a total of 4,600,000 options (shareholding: 500,000 shares through
Troha Invest AS).
* Trond Vadset Veibust (CFO): 500,000 options. Following the grant, he holds a
total of 1,500,000 options (shareholding: 90,000 shares through Trollkyrkja
AS).
* Ingjarl Atle Skarvøy (COO): 300,000 options. Following the grant, he holds a
total of 1,350,000 options (shareholding: 1,800,150 shares privately and
through Terra Mare AS).
* Kamilla Mordal Holo (CPO): 300,000 options. Following the grant, she holds a
total of 1,350,000 options (shareholding: 160,060 shares privately and
through C10 Holding AS).
* Odd Frode Roaldsnes (COO): 300,000 options. Following the grant, he holds a
total of 1,350,000 options (shareholding: 275,000 shares through Anno Invest
AS).
* Henriette Nordstrand (Technical Director): 100,000 options. Following the
grant, she holds a total of 375,000 options (shareholding: 50,000 shares
through Heno Holding AS).
* Vidar Aslaksen Skjørli (HR Director): 125,000 options. Following the grant,
he holds a total of 215,000 options (shareholding: 6,216 shares).
* Hans Petter Mortveit (Finance Manager): 70,000 options. Following the grant,
he holds a total of 210,000 options (shareholding: 110,152 shares).
Please see attached primary insider notification forms in accordance with the
Market Abuse Regulation article 19.
The options vest annually with 1/3 over the next 3 years. Subject to the
vesting periods, the options may be exercised at any time, but no later than
the fifth anniversary of the grant date.
Following the grant of these options, the total number of options outstanding
is 15,272,500, including options granted under the Company's previous
long-term incentive program for executive management and key employees.
This information is subject to the disclosure requirements pursuant to article
19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian
Securities Trading Act.
For further information, please contact:
Trond Vadset Veibust, CFO
tvv@salmone.no
+47 48 09 05 95
About Salmon Evolution
Salmon Evolution is the global leader within land-based salmon farming.
Pioneering the hybrid flow-through system (HFS), Salmon Evolution is Extending
the Ocean Potential by creating optimal growth conditions in a controlled
environment on land. This approach, capturing the benefits of both land-based
and sea-based farming, puts biology first and limits operational and
biological risk.
Salmon Evolution is strategically located the heart of the global aquaculture
industry on the west coast of Norway, where the Company has its first facility
and global centre of excellence fully operational at industrial scale. Enabled
by proof of concept at Indre Harøy, Salmon Evolution targets significant
expansion.
Salmon Evolution is listed on Oslo Børs under the ticker SALME. To learn more,
please visit www.salmonevolution.no.