ORLANDO, FL, (December 13, 2021) -  Kalera AS (Euronext Growth Oslo: KAL,
Bloomberg: KSLLF), has previously announced the appointment of Curtis
McWilliams, who was recently elected to Kalera's Board of Directors, as interim
President and Chief Executive Officer. 

Mr. McWilliams is an accomplished Executive, Director and Board Chairman with a
strong reputation within the investment community. He has over 25 years of
experience in finance and real estate and will provide Kalera with invaluable
leadership as the Company continues to pursue strategic growth. Curtis currently
serves as the Non-Executive Chairman of the Ardmore Shipping Corporation (NYSE,
ASC). McWilliams is also the Lead Director of Braemar Hotels & Resorts Inc (NYSE
BHR). He retired from his position as President and Chief Executive Officer of
CNL Real Estate Advisors, Inc. in 2010.  He has also served on numerous other
boards and held various executive leadership roles including in the investment
banking industry with Merrill Lynch & Co, where he facilitated a number of major
transactions. Curtis holds an MBA with a concertation in Finance from the
University of Chicago, and a Bachelor of Science in Chemical Engineering from
Princeton University. 

As part of his employment as Interim CEO, Mr. McWilliams will be granted 550,000
options with exercise price equal to the NOK equivalent of $1.64 per share at
the time exercise.  See further details about the granting of share options in
the attached form.  It has been agreed between Mr. McWilliams and Kalera that
Mr. McWilliams will receive no fixed annual cash compensation for his Interim
CEO services. 



About Kalera
Kalera is a vertical farming company headquartered in Orlando, Florida. Kalera
uses technology to ensure that more people around the world have access to the
freshest, most nutritious, and cleanest products available. It has spent several
years optimizing plant nutrient formulas and developing an advanced automation
and data acquisition system with Internet of Things, cloud, big data analytics
and artificial intelligence capabilities. Kalera currently operates farms in the
US (Orlando, Florida