Grieg Seafood ASA: Contemplating perpetual green hybrid bond issue

20 Feb 2025 06:00 CET

(Bergen, 20 February 2025) Grieg Seafood ASA (the "Company") has mandated
Arctic Securities, DNB Markets and Nordea as joint bookrunners, and DNB and
Nordea as green bond advisors, to arrange a series of fixed income meetings
commencing Friday, 21 February 2025. The Company is contemplating the issuance
of a new perpetual green hybrid bond of NOK 1,500 - 2,000 million, subject to
inter alia market conditions.

Net proceeds from the bond issue will be used for green projects as further
defined by the Green Bond Framework, including by way of refinancing existing
debt originally incurred to finance such green projects.

In conjunction with the contemplated new bond issue, the company will offer a
conditional buyback of its outstanding bond with ticker GSF01 ESG (ISIN:
NO0010885007).

For further enquiries, please contact:
Magnus Johannesen, CFO
Cell phone +47 959 13 243


About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers. Our farms are
in Finnmark and Rogaland in Norway, and British Columbia as well as
Newfoundland in Canada. Our headquarter is located in Bergen, Norway. Grieg
Seafood ASA was listed at the Oslo Stock Exchange in June 2007.

Sustainable farming practices are the foundation of Grieg Seafood's
operations. The lowest possible environmental impact and the best possible
fish welfare is both an ethical responsibility and drive economic
profitability.
To learn more, please visit www.griegseafood.com


The information included in this announcement is publicly disclosed in
accordance with section 5-12 of the Norwegian Securities Trading Act.

More information:
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