SalMar - Conversion of development licenses to ordinary licenses

Core Viewpoint - SalMar ASA has received notification from the Norwegian Directorate of Fisheries regarding the conversion of development licenses into ordinary aquaculture licenses, which is seen positively by the company as it recognizes their investments and expertise in offshore aquaculture [1] Group 1 - The conversion involves 6,112 tonnes of maximum allowable biomass (MAB) related to the Arctic Offshore Farming project [1] - The newly converted licenses can now be included in SalMar's ordinary production capacity [1] - The decision indicates that the authorities believe the criteria for the allocation of these licenses have been fulfilled [1] Group 2 - SalMar views the notification as a positive development, reflecting the company's significant investments in the sector [1] - The recognition from authorities enhances SalMar's position in offshore aquaculture [1] - The expertise built up by the company in offshore aquaculture is acknowledged through this decision [1]