Andfjord Salmon Group AS: Primary insider notification

30.6.2025 08:41:25 CEST | Andfjord Salmon | Mandatory notification of trade
primary insiders

Andfjord Salmon Group AS (the "Company") has been notified that UFI Capital AS
has purchased 428,571 shares in the Company at a price per share of NOK 33.20.
The share purchase is part of a financing solution for the seller and the seller
will buy the shares back for the same price within 3 months.

UFI Capital AS is a company closely associated with Kim Strandenæs, who is a
member of the Company's board of directors.

Please see the attached PDMR form for further details.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act section 5-12.

CONTACTS

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

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord
Salmon is developing the world's most sustainable and fish-friendly aquaculture
facility of its kind. Through a proprietary flow-through system, Andfjord Salmon
combines the best from ocean and land-based salmon farming. In its first
production cycle, the company achieved an industry-leading survival rate of 97.5
percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and
required 1 kWh to produce one kilo of salmon.

For more information, see www.andfjordsalmon.com -
https://protect.checkpoint.com/v2/___http:/www.andfjordsalmon.com___.YzJlOnNjaGp
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ATTACHMENTS

KRT1500.pdf -
https://kommunikasjon.ntb.no/ir-files/17847566/18584330/6263/KRT1500.pdf