Nordic Aqua signs Strategic Cooperation Agreement with Bank of China

07 Nov 2024 11:26 CET

In line with previously announced plans, Nordic Aqua (Ningbo) Co., Ltd, a fully
owned subsidiary of Nordic Aqua Partners ("Nordic Aqua") has entered into a
Strategic Cooperation Agreement with Bank of China.

The agreement is for the for long-term financing of the development and
construction of Nordic Aqua's facility at Gaotang towards an annual harvesting
capacity of 20.000 tonnes. Financing is subject to credit approval.

For further information please contact:

CEO Ragnar Joensen ; ragnar@nordicaquapartners.com Mobile +298 599 112

CFO Tom Johan Austrheim ; tom@nordicaquapartners.com Mobile + 47 9820 9873

About Nordic Aqua Partners

Nordic Aqua Partners is a Nordic land-based Atlantic salmon farming company,
using cutting-edge Nordic technology and expertise to set up the first fully
integrated and commercially scaled Recirculating Aquaculture System (RAS) farm
for Atlantic salmon located in Ningbo, China. Nordic Aqua Partners is the first
local producer of truly sustainable and Super-fresh Atlantic salmon to the
Chinese market. The current business plan is for an annual production of 20,000
tonnes HOG. Nordic Aqua Partners AS is listed at Euronext Growth under the
ticker NOAP.

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