Salmon Evolution ASA announced that it on 26 March 2022 successfully completed the first smolt release at its ground-breaking land-based salmon farming facility at Indre Harøy. About 100,000 smolt was released with an average weight of around 300 grams. The smolt was supplied by Kraft Laks, Salmon Evolution's in-house smolt facility acquired in August 2021 and well known for its long track record in providing first class smolt to Norwegian salmon farmers. The smolt transportation from Kraft Laks to Indre Harøy was carried out with a live fish carrier after which the fish was carefully pumped into the first fish tank at Indre Harøy. All relevant fish health parameters were constantly monitored during the process with no negative indicators identified. Following the positive confirmation of the fish transfer process and a customary short adaption period for the fish, initial feeding commenced.

The Company is pleased to see that the conditions in the farm have been stable, the fish have shown good appetite and have had a behaviour in line with expectations. This major milestone is the result of a thorough testing and commissioning phase that started already in December last year and now culminating with having taken the first part of our facility into operation.