Bodø, 11 November 2025

Gigante Salmon AS announces that Benny Hansen (born 1978) has been appointed new
Chief Financial Officer (CFO) of the company, effective 01 February 2026. Hansen
comes from a position as Senior Manager at EY, and is educated in fisheries
economics, business and accounting/auditing. He lives in Bodø and is originally
from Røst.

Rune Johansen, who has served as CFO since the listing on Euronext Growth Oslo,
will transition to the role of Chief Investor Relations Officer (CIRO), with
responsibility for the company's investor relations function. This change forms
part of strengthening its management team in pace with the company's growth.

"With Benny as CFO, we are strengthening the team with a person who has solid
experience in financial management, reporting and control. Benny has the ability
to make the numbers understandable - even for those of us who prefer to speak
fish - and will be an important resource in our efforts to achieve the company's
goals", says CEO Kjell Lorentsen.

Rune Johansen will remain part of the company's management team and will have
primary responsibility for the dialogue with the investor market.

For further information, please contact:

Kjell Lorentsen, CEO
Phone: +47 911 22 688
E-mail: kjell@gigante.no

Rune Johansen, CFO
Phone: +47 988 44 724
E-mail: rune@gigantesalmon.no

Gigante Salmon:
Gigante Salmon is a land-based salmon farming company with its first production
facility under construction on Lille Indre Rosøy in Rødøy, Norway. The Company's
aquaculture concept is based on a flow-through system, combining the benefits of
conventional and land-based aquaculture while simultaneously eliminating issues
associated with conventional, sea based, farming. Visit www.gigantesalmon.no for
more information.

This information is subject to disclosure under the Norwegian Securities Trading
Act, §5-12.