Måsøval AS Major shareholder initiates strategic review of ownership

25 Mar 2026 17:16 CET

It is hereby announced that Heimstø AS, which controls approximately 70% of
the shares in Måsøval AS (the "Company" or "Måsøval"), is reviewing its
investment portfolio and in connection therewith has decided to initiate a
strategic review of its ownership in the Company. The strategic review does
not entail a decision to carry out a transaction, but rather that a process
has been initiated to explore various alternatives related to the ownership.
Heimstø AS has engaged DNB Carnegie, part of DNB Bank ASA, as financial
adviser to assist in the strategic review.

Should the strategic review lead to a transaction, Heimstø AS intends to
facilitate for the remaining shareholders in the Company to also be given the
opportunity to sell their shares on equal terms.

Heimstø AS will, regardless of the outcome of its strategic review regarding
the ownership of the Company, update the market with further information.

Contacts
Helge Kvalvik, CEO, Måsøval AS, +47 97 97 97 72, helge.kvalvik@masoval.no

About Måsøval
Måsøval is a fully integrated producer of Atlantic salmon with more than 50
years of operational experience. Based on the island of Frøya in Central
Norway, the company controls the entire value chain -from smolt production to
sea-based farming, harvesting, processing, and global sales.

This integrated model ensures full control, operational efficiency, and
consistent delivery of premium Atlantic salmon to the global market. Måsøval
is committed to sustainable growth, fish welfare, and long-term value
creation.

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