BioFish

The purpose of the strategic review is to evaluate structures and opportunities that could accelerate the company’s growth and/ or enhance shareholder value, without this entailing the need for capital raising.

With a good track record in terms of biological performance, BioFish is an attractive supplier of high-quality, healthy smolt and post-smolt. Geographically, BioFish is ideally located in an area with high density of salmon farmers. BioFish holds an aquaculture license for 5 million smolt and a discharge license for 2,200 tons.

Pareto Securities AS has been appointed as financial advisor to assist in the process.

Further updates regarding the outcomes of this strategic review and its implications for the company's operations and strategic direction will be communicated in due course.

For additional information please contact:

Johnny Duedahl, CFO
Mob: +47 982 06 833 Email: johnny@biofish.no

Sondre Hagerup Johnsrud, CEO
Mob: +47 975 79 321 Email: sondre@biofish.no