Andfjord Salmon - New share capital registered

05 Jun 2026 12:53 CEST

5.6.2026 12:53:10 CEST | 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 20 April 2026 regarding the successful
placing of new shares in the Company (the "Private Placement"), split into two
tranches ("Tranche 1" and "Tranche 2", respectively). Reference is further made
to the stock exchange announcement made by the Company on 30 April 2026
regarding the registration of the share capital pertaining to Tranche 1.

Tranche 2 consisted of 2,509,261 new shares (the "Tranche 2 Offer Shares").

The share capital increase related to the issuance of the Tranche 2 Offer Shares
have been registered with the Norwegian Register of Business Enterprises today,
5 June 2026. As a result, the Company's new registered share capital is NOK
121,191,981 divided into 121,191,981 shares, each with a nominal value of NOK
1.00.

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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