Nordic Aqua Partners: Operational update for Q4 2025 and FY 2025

06 Jan 2026 17:00 CET

Harvest

In Q4 2025, Nordic Aqua had commercial harvest of 353 tonnes head-on gutted
(HOG), achieving an average harvest weight of 3.3 kg HOG, equivalent to 4.0 kg
live weight (LW), with a superior rate of 93%. The optimization of the number
of fish in the facility from Q3 2025 continued into Q4 2025, in line with the
strategy to produce larger fish. The average harvest weight is expected to
gradually increase during 2026. The superior rate was somewhat impacted by the
harvest of small fish.

Total harvest FY 2025 was 2,026 tonnes HOG, achieving an average harvest
weight of 3.9 kg HOG, equivalent to 4.7 kg LW, with a superior rate of 97%.

Farming

Production during the fourth quarter of 2025 was 1,350 tonnes bringing the
total biomass to 3,759 tonnes.

Production FY 2025 was 3,981 tonnes.

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

Project

In October 2025, Nordic Aqua successfully transferred fish into the first
grow-out RAS unit of Stage 2. Transfers have continued during the rest of Q4
2025 into the additional grow-out RAS units and will continue during Q1 2026.
The first harvest from Stage 2 fish, that was laid in as egg in Q3 2024, is
expected to be in September 2026.

The full Q4 2025 report will be released on 26 February 2026 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/)

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-01-06 17:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

663163_Nordic Aqua Partners- Operational update for Q4 2025 and FY 2025.pdf