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2022-09-28

Salmon Evolution: Proposal for resource tax on salmon farming in Norway

Salmon Evolution ASA ("Salmon Evolution" or the "Company", OSE: SALME) refers to the press release on 28 September 2022 from the Norwegian government regarding the proposal to introduce a resource tax on salmon and trout farming with effect from the tax year 2023.

After carefully studying the proposal and consulting with our legal advisors, it is clear that the proposal for the new resource tax will only - if implemented - be imposed upon salmon farmers holding commercial licenses in sea water. As our license is assigned for land-based salmon farming, Salmon Evolution will not be impacted by the proposal which is sent out for consultation.

For further information, contact:

Håkon A. Berg
CEO, Salmon Evolution
+47 411 92 257       

Trond Håkon Schaug-Pettersen
CFO, Salmon Evolution
+47 911 91 327 

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