<img src="https://ml-eu.globenewswire.com/Resource/Download/b172e29b-d769-4a72-97d3-cfc88d60b267?size=2" nborder="0" align="left" hspace="5" vspace="5" title="logo.jpg" alt="Mowi ASA"/>Mowi ASA (OSE: MOWI): Share option scheme for senior executives and allocation of options 2026 At Mowi ASA’s (the “Company”) annual general meeting (“AGM”) on 3 June 2026 the Board of Directors was authorised to grant options under the Share Option Scheme to Senior Executives, as described in Mowi’s new guidelines for remuneration of leading personnel (the “Guidelines”). On 18 June 2026 the Board of Directors granted 1.785 million options at a strike price of NOK 212.2822, corresponding to 107.5% of the volume weighted average share price on the Oslo Stock Exchange at the date of the AGM, to a total of 44 individuals. In accordance with the new Guidelines, the options have a term of 4 years but will become exercisable immediately if a mandatory bid is made for all of the shares in Mowi, if a voluntary offer is followed-up with a forced transfer of shares in accordance with the Norwegian Securities Trading Act or if Mowi is the non-surviving entity in a merger with another company. The exercise of 50% of the options awarded to an option holder is conditional on achievement of performance criteria, measured in the development of the share price of the Company's shares compared with those of peers ("Performance-based Options"). The exercise of the remaining 50% of the options awarded to an option holder is not conditional on achievement of such performance criteria ("Ordinary Options"). The strike price will be adjusted for dividends and changes in the equity capital during the term of the option as further set out in the option agreements. Total profit through the exercise of Performance-based Options in a year is capped at one year’s salary for the option holder, and total profit through the exercise of Ordinary Options in a year is capped at one year’s salary for the option holder. If the profit exceeds this limit, the number of shares to be issued will be reduced accordingly. The following primary insiders in the Company have been allocated options according to the above, please see attached allocation details. The primary insiders have the following number of shares and options, adjusted for dividends paid, in the Company. <table style="border-collapse: collapse; width:484pt; border-collapse:collapse ;"><tr><td style="width:285.34px;;border-top: solid black 1pt ; vertical-align: middle ; "> </td><td style="width:120px;;border-top: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">Total number of</td><td style="width:120px;;border-top: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">Options granted</td><td style="width:120px;;border-top: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">Total options</td></tr><tr><td style="width:0px;;border-bottom: solid black 1pt ; vertical-align: middle ; ">Name</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">shares owned</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">in 2026</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">outstanding</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Ivan Vindheim (CEO)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">13,696</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">200,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">841,979</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Kristian Ellingsen (CFO)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">1,614</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Øyvind Oaland (COO Farming Norway, Iceland)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">6,002</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Ben Hadfield (COO Farming Scotland, Ireland, Faroes and Canada East)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">8,484</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Fernando Villarroel (COO Farming Americas)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">6,026</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Ola Brattvoll (COO Sales &amp; Marketing)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">10,845</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Atle Kvist (COO Feed)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">1,157</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">100,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">420,991</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Catarina Martins (CTO &amp; Chief Sustainability Officer)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">3,059</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">45,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">167,282</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Kjersti Eikeseth (Chief HR Officer)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">491</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">25,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">77,543</td></tr><tr><td style="width:285.34px;;vertical-align: middle ; ">Kim Galtung Døsvig (Investor Relations &amp; Head of Treasury)</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">1,750</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">25,000</td><td style="width:0px;;text-align: center ; vertical-align: middle; vertical-align: middle ; ">105,247</td></tr><tr><td style="width:285.34px;;border-bottom: solid black 1pt ; vertical-align: middle ; ">Lars Tore Andersen (Group Accounting Director)</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">1,750</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">15,000</td><td style="width:0px;;border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ">63,148</td></tr></table> This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 
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Mowi ASA (OSE: MOWI): Share option scheme for senior executives and allocation of options 2026

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