Arctic Fish Holding AS appoints Daníel Jakobsson as new CEO

29 Apr 2025 06:30 CEST

Reference is made to the stock exchange notice dated 12 November 2024.

The Board of Directors has appointed Mr. Daníel Jakobsson as the new Chief
Executive Officer of Arctic Fish, effective 1 May 2025.

Mr. Jakobsson joined Arctic Fish in 2021 as Chief Business Development Officer.
He brings deep insight into the company’s operations and strategic direction,
along with the leadership qualities and industry expertise needed to guide
Arctic Fish into its next phase of growth and success.

“We are very pleased to announce Daníel’s appointment,” says Øyvind Oaland,
Chairman of the Board. “Icelandic salmon farming is still in an early phase, and
our continued success depends on operational excellence rooted in strong animal
welfare, environmental responsibility, sound financials, and the safety and
wellbeing of our dedicated employees. Daníel has extensive knowledge of all
aspects of our business and will be based in Ísafjörður.”

“Arctic Fish is part of a sustainable industry, producing healthy food for a
growing global population,” says Daníel Jakobsson. “I’m excited to continue the
journey we have started and to further develop a competitive, future-oriented
operation.”

The company’s current CEO, Mr Stein Ove Tveiten, will continue as an advisor
until 1 June 2025 to ensure a smooth and seamless transition.


Arctic Fish in brief

Arctic Fish (AFISH) is a leading salmon farmer in Iceland with an attractive and
sustainable value chain from smolt to sales. The production capacity for the
company is 29,800 tons MAB (Maximum Allowed Biomass) and includes licenses
covering 10 farming areas in 5 different fjords, all located in the Westfjords
of Iceland. The company's value chain consists of a state-of-the-art RAS
hatching and smolt production facility, attractive sea sites with high bearing
capacity and high-energy equipment, and a newly completed harvesting facility
with sufficient capacity to secure the utilization of the licenses and growth
objectives for the company.


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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