Solid fish farming performance | Q3 2025 financial results

Andfjord Salmon Group AS ("Andfjord Salmon" or “the company") today provides an update on its fish farming operations, which are experiencing stable biological conditions, high survival rates and healthy growth, and presents the company’s third quarter financial results.

During September and October, Andfjord Salmon re-initiated fish farming operation at Kvalnes, Andøya. A total of approximately 1.1 million smolt were released in pool K0 (350,000) and pool K1 (750,000).

“The biological conditions have remained stable in both pools following smolt release. In pool K0, the fish growth is more than 30 percent ahead of Skretting’s growth table for ocean net pen. Solid growth in combination with high survival rates result in rapid ramp-up of biomass. We are very pleased with our fish farming performance so far," says Martin Rasmussen, CEO of Andfjord Salmon.

PRESENTATION AT 08:00 (CEST) TODAY

Andfjord Salmon will provide an operational update and present the company's third quarter 2025 results at 08:00 today. The webcast presentation can be viewed from this link.

The presentation material and third quarter 2025 report are enclosed to this announcement.

CONTACTS

Investors:

Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345, bjarne.martinsen@andfjord.no

Media:

Martin Rasmussen, CEO, Andfjord Salmon Group AS, +47 975 08 665, martin@andfjord.no