Andfjord Salmon - New share capital registered

20 Jan 2026 14:28 CET

20.1.2026 14:28:49 CET | Andfjord Salmon | Total number of voting rights and
capital

Reference is made to the stock exchange announcement by Andfjord Salmon Group AS
("Andfjord Salmon" or the "Company") on 15 December 2025, regarding the
conclusion of a private placement of new shares in the Company (the "Private
Placement"). Reference is further made to the stock exchange announcement on 30
December 2025 regarding an extraordinary general meeting of the Company
resolving to authorize the Company's board to issue new shares, thus authorizing
issuance of shares in tranche 2 of the Private Placement ("Tranche 2").

The share capital increase related to issuance of 5,463,126 Offer Shares in
Tranche 2 of the Private Placement has today been registered with the Norwegian
Register of Business Enterprises.

The new share capital of the Company is NOK 107,191,154.00 divided into
107,191,154 shares, each with a nominal value of NOK 1.00.

DISCLOSURE REGULATION

This information is published in accordance with the disclosure requirements of
Euronext Growth Oslo Rule Book Part II and Section 5-12 of the Norwegian
Securities Trading Act.

CONTACTS

* Investors: Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345,
bjarne.martinsen@andfjord.no
* Media: Martin Rasmussen, CEO, Andfjord Salmon Group AS, +47 975 08 665,
martin@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 - http://www.andfjordsalmon.com

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