AKVA group ASA: Sale of shares in Abyss Group to Arcus Infrastructure Partners

12 Mar 2025 08:00 CET

AKVA group ASA ("AKVA") has signed an agreement to sell its 21.55% ownership in
Abyss Group AS ("Abyss") to Arcus Infrastructure Partners LLP.

AKVA's net proceeds from the sale of approx. MNOK 140 will result in a positive
accounting gain. The sale will free up capital for continued development of
AKVA's core business segments.

The closing of the transaction is expected to take place during March 2025.

Dated: 12 March 2025
AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

E-mail: knesse@akvagroup.com


Ronny Meinkøhn Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 98 20 67 76

E-mail: rmeinkohn@akvagroup.com

***

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements according
to section 5-12 of the Norwegian Securities Trading Act. The information was
submitted for publication by Ronny Meinkohn (CFO) (contact details as set out
above) on 12 March 2025 at 08:00 CET.

About AKVA group ASA

AKVA group ASA is a global technology and service partner that deliver
technology and services  that helps  solve  biological  challenges within the
aquaculture industry.  Good operational performance and fish welfare ensures
sustainability and profitability for the customer.  This is the premise for
everything we deliver, from single components to services and complete
installations. In-depth aquaculture knowledge, extensive experience and a high
capacity for innovation characterizes and enables us to deliver the best
solutions for both land based and sea based fish farming.

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