(Figures for Q4 2024 in brackets)
 
Highlights

• Harvested 7,372 tonnes (8,074 tonnes) in the quarter

• Achieved an EBIT/kg of NOK 20.7 for the quarter in Rogaland

• Delivered continued strong freshwater production in Rogaland, with average smolt size exceeding 1 kg in 2025

• Entered Q4 2025 close to maximum MAB capacity following recovery from a challenging Q3 and exited the quarter with MAB utilization of 98%

• Completed the divestment of our Canada and Finnmark operations and applied the proceeds to repay a substantial portion of Grieg Seafood’s outstanding debt

• The Hybrid Bond has been temporarily reclassified as debt due to the bondholder put-option period and will revert to equity once this period ends

• Board of Directors have made a decision of principle to distribute NOK 4 billion Formal decision to be made once interim balance sheet per 31 January 2026 is finalized and audited. Expect call for extraordinary General Assembly to be sent end of March

• Grieg Seafood has entered into a NOK 2,000,000,000 sustainability-linked multicurrency revolving credit facility agreement with Nordea and SEB in Q1 2026

  
Results presentation
CEO Nina Willumsen Grieg and CFO Magnus Johannesen will present the results live at Hotel Continental, Stortingsgaten 24/26, Oslo today at 08:00 a.m. CET.
 
A live webcast from the presentation can be accessed at www.investor.griegseafood.com or with the following link: https://qcnl.tv/p/afDrWB1a0q7jgDHcoWhiLg
  
For further inquiries, please contact:
Nina Willumsen Grieg, CEO
Cell phone: +47 953 39 161
E-mail: nina.grieg@griegsefood.com

Magnus Johannesen, CFO
Cell phone: +47 959 13 243
E-mail: magnus.johannesen@griegseafood.com
 
 
The information included in this announcement may be qualified as inside information pursuant to article 7 of the Market Abuse Regulation and is publicly disclosed in accordance with article 17 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
  

About Grieg Seafood

Grieg Seafood ASA is one of the world's leading salmon farmers. Our farms are located in Rogaland in Norway with our headquarter in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007.

 
Sustainable farming practices are the foundation of Grieg Seafood's operations. The lowest possible environmental impact and the best possible fish welfare are both ethical responsibilities and drivers of economic profitability.
 
To learn more, please visit www.griegseafood.com. 
 

 
The stock exchange announcement was published by May Hansen, Executive Assistant, Grieg Seafood ASA, on 25 February 2026 at 06:00 a.m. CET.