AKVA group ASA: New land-based RAS contract signed

03 Oct 2025 08:00 CEST

AKVA group ASA ("AKVA") hereby announces that it has been awarded a RAS contract
from Tytlandsvik Aqua AS for the delivery of two post smolt modules at
Tytlandsvik, Rogaland.

Each module will provide a production capacity of 1,500 tonnes. AKVA is
scheduled to commence design and engineering work in the fourth quarter of
2025, and the contract has an estimated value of NOK 220 mill.

AKVA has delivered all previous post smolt modules to Tytlandsvik, and this last
award further strengthens the long-standing partnership. Upon completion and
delivery of the final two modules, the facility will have a total production
capacity of 9,000 tons of post smolt at 1,000 grams.

Dated: 3 October 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 3 October 2025 at 08:00 CET.

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