17.3.2025 20:23:47 CET | Andfjord Salmon | Mandatory notification of trade primary insiders

Reference is made to the private placement announced by Andfjord Salmon Group AS on 26 and 27 February 2025 (the "Private Placement"). Please see the attached PDMR form related to share lending in order to facilitate delivery of shares in the Private Placement.

Contacts

• Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345, bjarne.martinsen@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

Attachments

• PDMR attachment - share lending.pdf