Averøy, Norway, 28 May 2026 

Reference is made to the stock exchange announcements made by Nordic Halibut AS
(the "Company") on 15 December 2021, 29 June 2023, 16 November 2023 and 18
January 2025, regarding increases of the available amounts under the Overdraft
Facility. 

The Company is pleased to announce that SpareBank 1 Sør-Norge and Eksfin has
resolved to grant a further increase of the available amounts under the
Overdraft Facility to NOK 500 million. 

The increase of the available amount will strengthen the Company's liquidity
position and support the continued expansion in biomass production aiming for an
annual production of 10,350 tonnes by 2031.

For further information, please contact: 

CEO Edvard Henden  
edvard@nordichalibut.no  
+47 911 41 165 

or  

CFO Are Strand 
are.strand@nordichalibut.no 
+47 915 39 232 

About Nordic Halibut AS: 

Nordic Halibut is a leading farmer of Atlantic halibut located in Western Norway
and with headquarters in Averøy, Nordmøre. The Company has a fully integrated
and well-developed value chain from genetics to sales and has had a significant
breakthrough in early phase production. A growth plan to expand production
volumes is implemented with production target 10,350 tonnes HOG within 2031.
Nordic Halibut will create shareholder value by pursuing value accretive organic
growth through increased production. 
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