AFISH: Arctic Fish Annual Report 2024

Isafjordur, 26 March 2025

Arctic Fish Holding AS, ticker: AFISH announces that it has published its board
approved annual report for 2024. 

"As we close the year 2024, it is time to reflect on a period of growth,
learning, and achievements. The company is still in a build-up phase with
everything that entails, and Arctic Fish continues its very important work to
reduce costs and secure operational improvements. The progress seen in 2024
would not have been possible without the dedication and passion of our team,
whose contributions drive Arctic Fish forward every day. Together, we achieved
several milestones, including record-high production in our smolt operations,
excellent results in sea lice control, and the first full year of operation at
our Bolungarvík harvesting facility. 
2024 has been a year of consolidation, where we focused on strengthening
operational control, improving cost efficiency, and building a foundation for
sustainable growth." - Stein Ove Tveiten, CEO of Arctic Fish Holding.

The 2024 Annual Report is attached to this notice and is also available on the
company's website, www.arcticfish.is, under Investor Relations.

For more information contact CEO: Stein Ove Tveiten,
sot@afish.is, +354 843 9900