Publication of a Company Description

24 May 2024 18:08 CEST

Ice Fish Farm AS has published a Company Description in relation to the proposed
admission to trading of the Company's Affiliated Shares on Nasdaq First North
Growth Market Iceland. The Company Description, dated 24 May 2024 is attached.

Nasdaq First North Growth Market Disclaimer
Nasdaq First North Growth Market is a registered SME growth market, in
accordance with the Directive on Markets in Financial Instruments (EU 2014/65)
as implemented in the national legislation of Denmark, Finland, Iceland and
Sweden, operated by an exchange within the Nasdaq group. Issuers on Nasdaq First
North Growth Market are not subject to all the same rules as issuers on a
regulated main market, as defined in EU legislation (as implemented in national
law). Instead, they are subject to a less extensive set of rules and regulations
adjusted to small growth companies. The risk in investing in an issuer on Nasdaq
First North Growth Market may therefore be higher than investing in an issuer on
the main market. All issuers applying for admission to trading on Nasdaq First
North Growth Market Iceland have a Certified Adviser who is responsible for
guiding and supporting the company during the listing process. The respective
Nasdaq exchange approves the application for admission to trading.

Certified Adviser
The Certified Adviser who is responsible for guiding and supporting the company
during the listing
process is Arion Bank hf., reg. no. 581008-0150, Borgartún 19, 105 Reykjavík
(hereafter referred to as the “Certified Adviser” or “Arion Bank”), which is a
member of and has an agreement with Nasdaq Iceland hf., is the Certified Adviser
for the Company in its application and listing process on First North. Arion
Bank holds a full banking license under the Icelandic Act on Financial
Undertakings No. 161/2002 and is regulated by the Financial Supervisory
Authority of the Central Bank of Iceland.

Contacts: Guðmundur Gíslason, CEO of ICE FISH FARM AS: +354 8960426

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

About Ice Fish Farm:
Ice Fish Farm is listed on Euronext Growth Oslo. The company is the 100% owner
of Fiskeldi Austfjarða ehf., the leading farming company in Iceland with its
head office in Eskifjörður. The Company is fully integrated with control over
all parts of the value chain.

See https://www.icefishfarm.is for more information about the Company.

More information:
Access the news on Oslo Bors NewsWeb site

619743_Ice Fish Farm AS - Company Description.pdf