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JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THE PRESS RELEASE.

Salmones Camanchaca SA announces registration and sale of new shares

April 6, 2022 - Reference is made to the stock exchange release on November
23rd, 2021, where Salmones Camanchaca SA ("Salmones Camanchaca" or the
"Company") announced the terms and conditions of an increase of the capital
stock by an offering of up to 8,500,000 new shares by way of a rights issue, as
well as the stock exchange release on 30th December 2021, where it was announced
that 8,193,660 new shares have been subscribed for and issued in such offering,
leaving a residual amount of 306,340 shares (the "Residual Shares").

Salmones Camanchaca has issued a further 1,500 of the Residual Shares in a
privately negotiated placement, and such shares form the basis of the issuance
of the same number of Norwegian Depository Receipts in respect of the shares in
the Company, listed at the Oslo Stock Exchange, at a price per such Norwegian
Depository Receipt of NOK 36.

The new shares have been validly issued and duly registered with the relevant
share registry. Following completion of the Offering, the number of shares
outstanding and issued in the Company is 74,195,160 shares, without par value. 

ABG Sundal Collier ASA is acting as manager for the Company in respect to the
issuance and sale of the Residual Shares.

Further information and contact:
For further information, please contact:
Marta Rojo, Finance Director & Head of IR, marta.rojo@camanchaca.cl
Alvaro Marín, IR, alvaro.marin@camanchaca.cl

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

Important Notice:
This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company.

Neither this announcement nor any copy of it may be made or transmitted into the
United States, or distributed, directly or indirectly, in the United States.
Neither this announcement nor any copy of it may be taken or transmitted
directly or indirectly into Australia, Canada, Japan, Hong Kong, New Zealand or
South Africa or to any persons in any of those jurisdictions, except in
compliance with applicable securities laws. Any failure to comply with this
restriction may constitute a violation of national securities laws. The
distribution of this announcement in other jurisdictions may be restricted by
law and persons into whose possession this announcement comes should inform
themselves about, and observe, any such restrictions. This announcement does not
constitute, or form part of, an offer to sell, or a solicitation of an offer to
purchase, any securities in Australia, Canada, Japan, South Africa, Hong Kong,
New Zealand or the United States or in any jurisdiction to whom or in which such
offer or solicitation is unlawful. 

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), or any securities laws of any state or other jurisdiction of the United
States and may not be offered or sold within the United States except pursuant
to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and in compliance with applicable state law.
There will be no public offer of the securities in the United States. 

This does not constitute a prospectus for the purposes of the Prospectus
Regulation (EU) 2017/1129 (as amended, together with any applicable implementing
measures in any Member State, the "Prospectus Regulation"). In any EEA Member
State that has implemented the Prospectus Regulation, this communication is only
addressed to and is only directed at qualified investors in that Member State
within the meaning of the Prospectus Regulation. In addition, in the United
Kingdom, this announcement is not being distributed, nor has it been approved
for the purposes of Section 21 of the Financial Services and Markets Act 2000
("FSMA"), by a person authorized under FSMA and is directed only at persons who
(i) are outside the United Kingdom, (ii) are investment professionals falling
within Article 19(5) of the U.K. Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net
worth companies, and other persons to whom it may lawfully be engaged with,
falling within Article 49(2)(a) to (d) of the Order (all such persons in (i),
(ii) and (iii) above together being referred to as "relevant persons"). Under no
circumstances should persons who are not relevant persons rely or act upon the
contents of this announcement. Any investment or investment activity to which
this announcement relates in the United Kingdom is available only to, and will
be engaged only with, relevant persons.

Matters discussed in this announcement may constitute forward- looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this release are based
upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, these assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond its control.
Such risks, uncertainties, contingencies and other important factors could cause
actual events to differ materially from the expectations expressed or implied in
this release by such forward-looking statements. 

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement. 

The distribution of this announcement and other information may be restricted by
law in certain jurisdictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions.