Dismissal of case against 7,800 tonne licenses in Patreksfjordur and Talknafjordur.

Reference is made to the pending civil dispute court case relating to 7,800 tonnes of licenses the company has in Patreksfjordur and Talknafjordur, Iceland, as disclosed in the Company's information document from 19th of February 2020. Today the courts dismissed the case and ruled in favor of Arctic Fish Holding as defendants.