SalMar ASA has received notification from the Norwegian Directorate of Fisheries
regarding the conversion of development licenses corresponding to 6,112 tonnes
of maximum allowable biomass (MAB) into ordinary aquaculture licenses. The
conversion relates to the Arctic Offshore Farming project. As a result, these
licenses can be included in the Group's ordinary production capacity. SalMar
views the decision positively, as it implies that the authorities consider the
criteria for the allocation of these licenses to have been fulfilled. For
SalMar, this represents a recognition of the company's significant investments
and the expertise that has been built up within offshore aquaculture.