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Regulatory press release

MOWI: Disclosure of large shareholding

Mowi
Oslo, 6 March 2025, Notification of trade 

Geveran Trading Co. Limited ("Geveran") has, on 6 March 2025, settled a total
return swap ("TRS") agreement in Mowi ASA ("Mowi") with underlying financial
exposure to 4,000,000 shares in Mowi expiring today. Geveran has subsequently
entered into a new total return swap agreement with exposure to the same number
of underlying shares in Mowi with an expiry date on 5 June 2025 and a strike
price of NOK 200.7039 per share. Geveran also owns 74,289,287 shares in Mowi,
equal to 14.37 percent of the issued shares and votes in Mowi. Following the TRS
swap and including the shares owned, Geveran's financial exposure in Mowi is
unchanged at 78,289,287 shares representing 15.14 percent of the share capital
of Mowi.

This disclosure is made pursuant to sections 4-2 and 4-3 of the Norwegian
Securities Trading Act and is subject to the disclosure requirement pursuant to
section 5-12 of the Norwegian Securities Trading.
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