Gigante Salmon: Operational update Q3

03 Oct 2025 08:00 CEST

Bodø, 03 October 2025

By the end of the third quarter, Gigante Salmon had accumulated a standing
biomass of a total 1,728 tonnes. Generation Autumn 2024 accounts for 1,510
tonnes of the total biomass, with an average weight of 2,000 grams.

Generation Autumn 2025, with smolt release in September 2025, makes out the
remaining biomass, 218 tonnes, with an average weight of 150 grams. In total,
the company plans to release in excess of 2.2 million smolt during autumn 2025.

The full Q3 Report will be available from 21 October 2025 at 07:00 CEST on the
company’s webpage, www.gigantesalmon.no and Oslo Stock Exchange’s page,
www.newsweb.no, followed by a digital management presentation in norwegian at
09:00 CEST.

For further information, please contact:

Kjell Lorentsen, CEO
Phone: +47 911 22 688
E-mail: kjell@gigante.no

Rune Johansen, CFO
Phone: +47 988 44 724
E-mail: rune@gigantesalmon.no

Gigante Salmon AS:
Gigante Salmon is a land-based salmon farming company with its first production
facility under construction on Lille Indre Rosøy in Rødøy, Norway. The Company’s
aquaculture concept is based on a flow-through system, combining the benefits of
conventional and land-based aquaculture while simultaneously eliminating issues
associated with conventional, sea based, farming. Visit www.gigantesalmon.no for
more information.

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

More information:
Access the news on Oslo Bors NewsWeb site