AKVA group ASA: New land-based RAS contract signed

25 Feb 2026 08:00 CET

AKVA group ASA hereby announces that it has entered into a RAS contract with
Årdal Aqua AS for the design and delivery of a smolt facility at Årdal, Rogaland
in Norway.

The smolt facility will provide a production capacity of 6 million smolt per
year at 100 grams. The contract has an estimated value of NOK 200 million, with
design and engineering work scheduled to commence in the first half of 2026.

Dated: 25 February 2026
AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

E-mail: knesse@akvagroup.com


Ronny Meinkøhn Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 98 20 67 76

E-mail: rmeinkohn@akvagroup.com

***

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements according
to section 5-12 of the Norwegian Securities Trading Act. The information was
submitted for publication by Ronny Meinkøhn (CFO) (contact details as set out
above) on 25 February 2026 at 08:00 CET.

About AKVA group ASA

AKVA group ASA is a global technology and service partner that deliver
technology and services that helps solve biological challenges within the
aquaculture industry.  Good operational performance and fish welfare ensures
sustainability and profitability for the customer.  This is the premise for
everything we deliver, from single components to services and complete
installations. In-depth aquaculture knowledge, extensive experience and a high
capacity for innovation characterizes and enables us to deliver the best
solutions for both land based and sea based fish farming.

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