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

27 Mar 2025 12:10 CET

Reference is made to the stock exchange notice on 12 March 2025 where AKVA group
ASA ("AKVA") announced the sale of its 21,55% ownership in Abyss Group AS to
Arcus Infrastructure Partners LLP.

The transaction was closed today. AKVA's net proceeds from the sale is approx.
MNOK 140 and will result in a positive accounting gain which will be recognized
in Q1 2025. The proceeds from the transaction will be used for continued
development of AKVA's core business segments.

Dated: 27 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 Meinkøhn (CFO) (contact details as set out
above) on 27 March 2025 at 12:10 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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