Update on regulatory approvals for the acquisition by Goldman Sachs Asset Management of 72.11% of the shares in Frøy and subsequent mandatory offer - Seite 2

Contacts

Frøy:
Tonje Foss, CEO
Sondre Vevstad, CFO

Tel:
[phone]
[phone]

Email:
[e-mail]
[e-mail]

Falcon Bidco / Goldman Sachs Asset Management:

Joseph Stein

Tel: [phone]

SalMar:
Frode Arntsen, CEO

Tel: [phone]

Email: [e-mail]

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This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Frøy

Frøy is a leading integrated provider of aqua services to Norwegian salmon farmers. With a team of more than 900 aqua service specialists and a modern fleet of 80 vessels, Frøy offers a wide range of infrastructure solutions to salmon farmers. The service offering includes transport of fish, sorting, counting, cleaning of nets, treatment for diseases and lice, inspection, installation and maintenance of salmon farming sites.

Falcon Bidco in brief

Falcon Bidco is a private limited company (registration number 930 936 936) incorporated under the laws of Norway with its registered office at c/o Advokatfirmaet Thommessen AS, Ruseløkkveien 38, 0251 Oslo, Norway. Falcon Bidco was formed on 20 February 2023 and registered with the Norwegian Register of Business Enterprises on 2 March 2023. Falcon Bidco is indirectly wholly-owned by infrastructure funds managed by Goldman Sachs Asset Management. Falcon Bidco has never conducted and at present does not conduct any form of business, and its sole business purpose is to implement the Transaction.

About the Goldman Sachs Asset Management Infrastructure business

Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world’s leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing $2.67 trillion in assets under supervision worldwide as of 31 March 2023. Driven by a passion for our clients’ performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.  Established in 2006, the Infrastructure business within Goldman Sachs Asset Management has consistently navigated the evolving infrastructure asset class, having invested approximately $15 billion in infrastructure assets across market cycles since its inception. We partner with experienced operators and management teams across multiple sectors, including digital infrastructure, energy transition, transportation & logistics and essential services.