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About Andfjord Salmon AS

Andfjord Salmon has developed an innovative and sustainable aquaculture concept for shore-based farming of Atlantic salmon. The company's ambition is to build the world's most sustainable aquaculture facility of its kind. The facility is escape-proof, lice-free and its highly filtered effluent avoids polluting marine life. 

Located at Kvalnes on the island of Andøya on the Arctic Archipelago of Vesterålen, Norway, the company's first facility is currently under construction. The company holds a license to produce 12 600 tonnes (HOG) for land-based farming of Atlantic salmon and has secured rights to land for a planned expansion of an additional 77,400 tonnes (HOG) production capacity. Further expansion is subject to the zoning of the land and granting of licenses.  

Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF.  www.andfjordsalmon.com  

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Andfjord Salmon – Private placement concluded15.12.2025 23:50:50 CET | Andfjord Salmon | Additional regulated information required to be disclosed under the laws of a member state

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement by Andfjord Salmon Group AS ("Andfjord Salmon" or the "Company") on 15 December 2025, regarding certain business updates as well as a private placement of new shares in the Company (the "Private Placement"). The Company hereby announces that it has allocated 11,548,126 new shares (the "Offer Shares") in the Private Placement at a subscription price of NOK 26.70 per share (the "Offer Price"), raising total gross proceeds of approximately NOK 300 million. The Private Placement is divided into two tranches, with one tranche consisting of 6,085,000 Offer Shares ("Tranche 1") and a second tranche consisting of 5,463,126 Off

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Andfjord Salmon: Business update, private placement securing new equity and enhanced bank debt package15.12.2025 16:57:40 CET | Andfjord Salmon | Inside information

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to stock exchange notices released by Andfjord Salmon Group AS ("Andfjord Salmon" or the "Company") on 3 December 2025 and 11 December 2025 relating to the engagement of a new contractor to complete remaining works at the site at Kvalnes (the “New Contractor”) as well as a claim for compensation towards the prior contractor at the site (the “Claim”). As further described herein, and in relation to this and the investment budget at Kvalnes, Andfjord Salmon has secured additional funding as a precautionary measure. BUDGET REVISIONS FROM CONTRACTOR AND CLAIM FROM ANDFJORD SALMON The Claim from Andfjord Salmon against the prior contractor is in excess of NO

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Andfjord Salmon: Invitation to Q3 2025 results presentation13.12.2025 09:00:01 CET | Andfjord Salmon | Non-regulatory press releases

Andfjord Salmon Group AS (Andfjord Salmon) invites investors, analysts, lenders and media to an operational update and presentation of the company’s third quarter 2025 financial results. Date: Tuesday 16 December 2025 Time: 08:00 CET Presenters: CEO Martin Rasmussen and CFO Bjarne Martinsen The webcast presentation can be viewed from this URL: https://qcnl.tv/p/GieayTPCEQETvAYTdKY7hA The presentation will be held in English. Questions can be submitted during the live webcast. The presentation material will be published at 07:00 CET on the same day.

Andfjord Salmon: Claim for compensation against main contractor3.12.2025 19:10:39 CET | Andfjord Salmon | Non-regulatory press releases

Andfjord Salmon Group AS (“Andfjord Salmon”) has submitted a claim of NOK 1+ billion against main contractor AF Hæhre & Contur Ans (“the contractor”). The claim relates to grossly negligent performance of the contractor’s obligations and wilful breach of its civil works contract in connection with the construction of Andfjord Salmon’s land-based aquaculture facility at Kvalnes, Andøya, Norway.

Andfjord Salmon: Listing of bonds20.11.2025 22:54:29 CET | Andfjord Salmon | Additional regulated information required to be disclosed under the laws of a member state

Reference is made to the stock exchange announcements made on 19 November 2025 regarding approval of the prospectus prepared by Andfjord Salmon Group AS (the "Company") for the listing of its three-year senior secured bond issue of NOK 750 million (the "Bonds") on Euronext Oslo Børs (the "Listing"), and the Company's application for Listing of the Bonds. The Listing of the Bonds has been approved by Euronext Oslo Børs. The first day of trading in the Bonds on Euronext Oslo Børs will be 21 November 2025.

Andfjord Salmon: Approval of prospectus for listing of bonds19.11.2025 19:59:47 CET | Andfjord Salmon | Additional regulated information required to be disclosed under the laws of a member state

Reference is made to the stock exchange announcement made by Andfjord Salmon Group AS (the "Company") on 11 June 2025 regarding its successful three-year senior secured bond issue of NOK 750 million (the "Bonds"). The Norwegian Financial Supervisory Authority has today approved a prospectus prepared by the Company for the listing of the Bonds on Euronext Oslo Børs. The prospectus will be available at the Company's website https://www.andfjordsalmon.com/en/our-investors/reports-and-presentations

Andfjord Salmon: Board Member Transitions to Key Operational Role in Construction10.10.2025 08:30:01 CEST | Andfjord Salmon | Non-regulatory press releases

Andfjord Salmon (OSE: ANDF) today announced that Gro Skaar Knutsen is stepping down from the company’s board of directors to assume an operational role within its large-scale construction activities at Kvalnes, Andøya. Her deep industry expertise and leadership experience will be instrumental in driving the company’s ambitious development plans forward.

Andfjord Salmon: Invitation to Q2/H1 2025 results presentation28.8.2025 08:00:01 CEST | Andfjord Salmon | Non-regulatory press releases

Andfjord Salmon Group AS (Andfjord Salmon) invites investors, analysts, lenders and media to an operational update and presentation of the company’s second quarter and half-year 2025 financial results. Date: Thursday 4 September 2025 Time: 08:00 CET Presenters: CEO Martin Rasmussen and CFO Bjarne Martinsen The webcast presentation can be viewed from this URL: https://channel.royalcast.com/landingpage/hegnarmedia/20250904_1/ The presentation will be held in English. Questions can be submitted during the live webcast. The presentation material will be published at 07:00 CET on the same day.

Andfjord Salmon Group AS: Primary insider notification30.6.2025 08:41:25 CEST | Andfjord Salmon | Mandatory notification of trade primary insiders

Andfjord Salmon Group AS (the "Company") has been notified that UFI Capital AS has purchased 428,571 shares in the Company at a price per share of NOK 33.20. The share purchase is part of a financing solution for the seller and the seller will buy the shares back for the same price within 3 months. UFI Capital AS is a company closely associated with Kim Strandenæs, who is a member of the Company's board of directors. Please see the attached PDMR form for further details.

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Andfjord Salmon AS - Primary insider notification23.6.2025 11:14:35 CEST | Andfjord Salmon | Mandatory notification of trade primary insiders

UFI AS has notified that it has rolled forward agreements for the purchase of 520,000 shares in Andfjord Salmon Group AS at a price of NOK 53.8455 and rolled forward agreements for the purchase of 1,308,597 shares in Andfjord Salmon Group AS at a price of NOK 55.7097. UFI Capital AS has notified that it has rolled forward agreements for the purchase of 52,000 shares in Andfjord Salmon Group AS at a price of NOK 54.3336. The exposure of UFI AS and UFI Capital AS in Andfjord Salmon Group AS remain unchanged following these transactions. Andfjord Salmon Group AS board member Kim Strandenæs is CEO of UFI AS and UFI Capital AS.

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About Andfjord Salmon AS

Andfjord Salmon has developed an innovative and sustainable aquaculture concept for shore-based farming of Atlantic salmon. The company's ambition is to build the world's most sustainable aquaculture facility of its kind. The facility is escape-proof, lice-free and its highly filtered effluent avoids polluting marine life. 

Located at Kvalnes on the island of Andøya on the Arctic Archipelago of Vesterålen, Norway, the company's first facility is currently under construction. The company holds a license to produce 12 600 tonnes (HOG) for land-based farming of Atlantic salmon and has secured rights to land for a planned expansion of an additional 77,400 tonnes (HOG) production capacity. Further expansion is subject to the zoning of the land and granting of licenses.  

Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF.  www.andfjordsalmon.com  

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