Salmon Evolution expands long-term incentive program with new share options

Salmon Evolution ASA announced on August 27, 2025, that its board has approved the award of 4,535,000 share options to executive management and key employees. The options have a strike price of NOK 6.00 per share. This grant brings the total number of outstanding options to 15,272,500, incorporating previous long-term incentive programs.

Key primary insiders receiving grants include chief executive Trond Håkon Schaug-Pettersen with 1,000,000 options, chief financial officer Trond Vadset Veibust with 500,000 options, chief operating officer Ingjarl Atle Skarvøy with 300,000 options, chief production officer Kamilla Mordal Holo with 300,000 options, and chief commercial officer Odd Frode Roaldsnes with 300,000 options. Additional grants were made to technical director Henriette Nordstrand with 100,000 options, HR director Vidar Aslaksen Skjørli with 125,000 options, and finance manager Hans Petter Mortveit with 70,000 options.

These options will vest annually, with one-third vesting after one year, one-third after two years, and the final third after three years. They can be exercised at any time, subject to vesting periods, but no later than the fifth anniversary of the grant date.