Andfjord Salmon: New share capital registered

11 Apr 2025 14:18 CEST

11.4.2025 14:18:38 CEST | Andfjord Salmon | Total number of voting rights and
capital

Reference is made to the stock exchange announcement made by Andfjord Salmon
Group AS (the "Company") on 2 April 2025 regarding the final results of the
subsequent offering of new shares in the Company at a subscription price of NOK
35.00 per share (the "Subsequent Offering").

The share capital increase pertaining to the issuance of 11,592 new shares in
the Subsequent Offering has now been registered with the Norwegian Register of
Business Enterprises. The Company's new share capital is NOK 84,773,463 divided
on 84,773,463 shares, each with a par value of NOK 1.

CONTACTS

* Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345,
bjarne.martinsen@andfjord.no

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord
Salmon is developing the world's most sustainable and fish-friendly aquaculture
facility of its kind. Through a proprietary flow-through system, Andfjord Salmon
combines the best from ocean and land-based salmon farming. In its first
production cycle, the company achieved an industry-leading survival rate of 97.5
percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and
required 1 kWh to produce one kilo of salmon. For more information, see
www.andfjordsalmon.com - http://www.andfjordsalmon.com

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