Neil Shiran Thorisson has resigned from his position as CFO of Arctic Fish
(AFISH), after 8 years with the company.  He will remain available for the board
and management of Arctic Fish for his resignation period of 6 months. The
recruitment of his replacement will be started.

"Neil, joined Arctic Fish in 2015 and has played an important part of developing
this company to where we are today.  "I would like to thank Neil for his
commitment and good cooperation and with the best of wishes for his future ",
says Stein Ove Tveiten, CEO of Arctic Fish.

"I am proud of my time with Arctic Fish and the growth it has experienced while
I have been a member of the team.  It has been a challenging but pleasurable
journey and will miss the working environment and the people I have worked with
closely over the past years, says Neil Shiran Thorisson.

For further information please contact Stein Ove Tveiten, CEO Arctic Fish, +354
8439900

Isafjordur August 10th, 2023

Arctic Fish in brief

Arctic Fish (AFISH) has 27 100 tonnes of Maximum Allowed Biomass licenses (MAB)
to farm salmon and trout. The licenses are in the Westfjords of Iceland. Out of
the total license volume, 5 300 tonnes are for trout, which are not currently
being utilized and will be converted to salmon licenses in the ongoing
application process. 
Arctic Fish is one of the leading salmon farmers in Iceland and has an
attractive and sustainable setup of licenses with active licenses in 4 fjords
and applications being finalized in one additional fjord that can bring the
total volume up to 31 900 tonnes in the coming years. The company owns a
state-of-the-art RAS hatching and smolt production that is the foundation of the
operations. Further investments are being made in smolt production and
harvesting that will contribute to the future growth of the company.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act