AKVA group ASA: Completion of share buyback program

Reference is made to the stock exchange announcement by AKVA group ASA ("AKVA
group" or the "Company") on 23 September 2025 where AKVA group announced that it
had initiated a share buyback program for the repurchase of up to 60,000 shares.

From 24 November through 26 November the company bought 3,773 shares at an
average price of NOK 89.71.

Since the share buyback program was initiated on 23 September 2025, AKVA group
has bought a total of 60,000 shares at an weighted average price of NOK 93.75. A
report of all the transactions relating to the buyback program, in a detailed
and an aggregated form, is attached.

The Company has now completed its share buyback program. Following completion of
the program, AKVA group owns 272,029 treasury shares, representing 0.74% of the
Company's total number of shares and votes. Shares purchased under the program
will be used for the share-based incentive scheme for the Company's senior
management.

All transactions in the share buyback program are made available on the
Company's ticker on newsweb.

SpareBank 1 Markets AS has managed and executed the share buyback program on
behalf of the Company.

This information is published in accordance with the EU Market Abuse Regulation
article 5, as supplemented by Commission Delegated Regulation (EU) 2016/1052,
and section 5-12 the Norwegian Securities Trading Act.

Dated: 26 November 2025
AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

E-mail: knesse@akvagroup.com


Ronny Meinkøhn Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 98 20 67 76

E-mail: rmeinkohn@akvagroup.com (mailto:rmeinkohn@akvagroup.com)