Expansion of post-smolt facility Tytlandsvik Aqua

03 Oct 2025 08:12 CEST

Grieg Seafood is pleased to announce that Tytlandsvik Aqua is initiating its
planned expansion with the development of Halls 5 and 6 at their post-smolt
facility, starting building work in March 2026. The aim is to have the first
smolt installations in Hall 5 by August 2027 and in Hall 6 by September 2028.

AKVA group will continue as equipment supplier to ensure standardized
technology at the facility.

Tytlandsvik Aqua's development plan has from the start included six post-smolt
halls with a production capacity of 1,500 tons per year. Infrastructure has
been prepared for these six halls. It is the last two, halls 5 and 6, that
will now be expanded.

-- Tytlandsvik has long worked with a goal of completing the facility with 6
halls, the increase in capacity is important for the further work with
post-smolt in the region. We are looking forward to continuing the good
collaboration with Grieg Seafood and Bremnes Seashore, says Nils Viga, General
Manager, Tytlandsvik Aqua.

-- We see that the work done with post-smolt over many years is yielding good
results. Our experience shows that when large post-smolt is released into the
sea, mortality is halved. We also see that it significantly improves lice
control. In recent years, around 60% of the company's fish have not needed
lice treatment at all, due to the use of large post-smolt together with other
preventive measures. We welcome the planned expansion of Tytlandsvik Aqua,
says Nina Willumsen Grieg, CEO, Grieg Seafood.

About Tytlandsvik Aqua
Tytlandsvik Aqua AS is owned by Bremnes Seashore AS, Grieg Seafood Rogaland AS
and Vesthavbruk AS in three equal parts. The plant is located in Hjelmeland
municipality in Ryfylke. TytlandsvikAqua AS is under construction and has the
capacity to produce 6,000 tons of "large smolt" for delivery to fish farmers,
mainly in Rogaland.

About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers. Following
completion of the Transaction announced 17 July 2025, our operations will have
a more geographically focused footprint in southwestern Norway with farms
located in Rogaland and headquarters in Bergen. Grieg Seafood ASA was listed
at the Oslo Stock Exchange in June 2007.

Sustainable farming practices are the foundation of Grieg Seafood's
operations. The lowest possible environmental impact and the best possible
fish welfare is both an ethical responsibility and drive economic
profitability.

To learn more, please visit www.griegseafood.com.

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