Andfjord Salmon Group AS: Primary insider notification

18 Dec 2025 15:41 CET

18.12.2025 15:41:48 CET | Andfjord Salmon | Mandatory notification of trade
primary insiders

On June 30, 2025, it was announced that UFI CAPITAL AS purchased 428,571 shares
at a price of NOK 33.20 per share from LABOREMUS INVEST AS. The share purchase
was part of a financing arrangement for the seller. LABOREMUS INVEST AS will buy
back the same number of shares at the same price from UFI CAPITAL AS.

Today, UFI CAPITAL AS has notified that it is selling the same number of shares
(428,571 shares) back to LABOREMUS INVEST AS at the same price (NOK 33.20 per
share).

UFI CAPITAL AS is a company closely associated with Kim Strandenæs, who is a
member of the Company's board of directors.

Please see the attached PDMR form for further details.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act section 5-12.

CONTACTS

* Investors: Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345,
bjarne.martinsen@andfjord.no

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord
Salmon is developing the world's most sustainable and fish-friendly aquaculture
facility of its kind. Through a proprietary flow-through system, Andfjord Salmon
combines the best from ocean and land-based salmon farming. In its first
production cycle, the company achieved an industry-leading survival rate of 97.5
percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and
required 1 kWh to produce one kilo of salmon.

For more information, see www.andfjordsalmon.com -
https://protect.checkpoint.com/v2/___http:/www.andfjordsalmon.com___.YzJlOnNjaGp
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ATTACHMENTS

KRT1500.pdf -
https://kommunikasjon.ntb.no/ir-files/17847566/18758043/6646/KRT1500.pdf

More information:
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662464_KRT1500.pdf