NTS ASA: Proposal for resource tax on salmon farming in Norway from 1. January 2023

With reference to press release 28 September 2022 from the Norwegian government.

The Norwegian government proposes to introduce a resource tax on salmon and trout farming of 40% with effect from the tax year 2023 for volumes above 4 000 / 5 000 tonnes. With this proposal, the total effective tax rate for farming of salmon and trout will be 62%. This proposal must be approved by the Norwegian Parliament.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.