Nordic Aqua Partners: Operational update for Q2 2025 and YTD 2025

04 Jul 2025 07:30 CEST

The commercial harvest continued during the second quarter of 2025 and
increased to full run-rate of Stage 1 in June.

Harvest

In Q2 2025, Nordic Aqua had commercial harvest of 756 tonnes head-on gutted
(HOG), achieving an average harvest weight of 4.6 kg (HOG), equivalent to 5.6
kg live weight (LW), with a superior rate of 99%.

Total harvest YTD 2025 was 1,043 tonnes (HOG), whereof commercial harvest
amounted to 955 tonnes (HOG), achieving an average harvest weight of 4.9 kg
(HOG), equivalent to 5.9 kg (LW), with a superior rate of 99%.

Farming

Production during the second quarter of 2025 was 730 tonnes bringing the total
biomass to 2,625 tonnes. The second half of May and first half of June were
affected by extensive activity of transferring large fish to optimize stock
size sorting. Large fish have significantly lower appetite in the days after
transfer, and fish are starved prior to transfer.

Production YTD 2025 was 1,662 tonnes.

Overall biological performance remains strong with good fish health, no
maturation and high survival rates for all batches.

The full Q2 2025 report will be released on 26 August 2025 at 07:00 CET.

For more information, please contact:
CEO Ragnar Joensen
ragnar@nordicaquapartners.com
+298 599 112
CFO Tom Johan Austrheim
tom@nordicaquapartners.com
+47 982 09 873

About Nordic Aqua Partners
Nordic Aqua Partners is a Nordic land-based salmon farming company, using
cutting-edge Nordic technology and expertise. The company has set up the first
fully integrated and commercially scaled Recirculating Aquaculture System
[RAS] farm for Atlantic salmon located in Ningbo, China. With operations in
place, Nordic Aqua Partners is the first local producer of truly sustainable
and fresh Atlantic salmon to the Chinese market. The current business plan is
for an annual production of 20,000 tonnes (HOG). Nordic Aqua Partners AS is
listed at Euronext Growth under the ticker NOAP.

To learn more, please visit www.nordicaquapartners.com
(http://www.nordicaquapartners.com/)

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650697_Nordic Aqua Partners- Operational update for Q2 2025 and YTD 2025.pdf