BIOFISH HOLDING AS Exercise of Warrants

18 Feb 2025 10:15 CET

Ljones, 18 February 2025: Reference is made to the warrants (the "Warrants")
issued by Biofish Holding AS (the "Company") from placements in 2023, and the
notice on 13 January 2025 in connection with the commencement of a fourth
exercise period (the "Fourth Exercise Period"), during which holders of
Warrants could subscribe for new shares in the Company at a price of NOK 1.20.
The Fourth Exercise Period ended yesterday, 17 February 2025.

Based on a preliminary count, the number of Warrants exercised in the Fourth
Exercise Period will be 1,893,608. An update will be provided as soon as the
new share capital has been registered with the Norwegian Registry of Business
Enterprises.

Remaining Warrants may be exercised during periods each half year until their
expiration in January 2026.

For additional information please contact:

Sondre Hagerup Johnsrud, CEO
Mob: +47 975 79 321 Email: sondre.johnsrud@biofish.no

Johnny Duedahl, CFO
Mob: +47 982 06 833 Email: johnny@biofish.no

About BioFish

BioFish is a Norwegian independent producer of high-quality smolt and
post-smolt. The company has a RAS production facility in Ljones close to the
Hardangerfjord on the west coast of Norway. Numerous Norwegian fish farming
sites are located within one day of transport.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2025-02-18 10:15 CET.

More information:
Access the news on Oslo Bors NewsWeb site

639026_BIOFISH HOLDING AS Exercise of Warrants.pdf