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Regulatory press release

KING: The Kingfish Company | Mandatory notification of trade in connection with Private Placement

The Kingfish Company
Reference is made to the stock exchange notice by The Kingfish Company N.V. (the
"Company") on 28 September 2022 regarding the completion of a conditional
private placement of 24,224,781 new shares at a subscription price of NOK 8.410
(the "Offer Price") raising gross proceeds of approx. NOK 203.7 million,
equivalent to approx. EUR 19.7 million (the "Private Placement").

The following close associate of a primary insider have been allocated new
shares in the Private Placement at the Offer Price:

- Stolt-Nielsen M.S. Ltd, a close associate of Supervisory Board Member Jordi
Trias Fita, as elected by the Extraordinary General Meeting 14th of October
2022, has been allocated 9,237,663 new shares.

Please see the enclosed form for further details. This information is subject to
the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3
and section 5-12 of the Norwegian Securities Trading Act.
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