Arctic Fish (AFISH): Q3 2025 - Record-high harvest volumes

Highest ever quarterly harvest volumes, as the company harvested 5,401 tonnes in
Q3 2025 compared to 3,407 tonnes in Q3 2024.
 
29.0 MEUR revenues in the quarter (20.7 MEUR Q3 2024). The increase is volume
driven as more volumes were harvested compared to last year.

Operational EBIT amounted to -1.21 EUR pr. kg compared to 0.27 EUR pr. kg in Q3
2024, which is largely due to lower prices.

Harvest volume guidance for 2025 maintained at record-high 14.0 thousand tonnes
GW.

Guidance for 2026 will be another record year at 17.5 thousand tonnes GW.

The presentation materials are attached to this notice and can also be found on
the company website: https://www.arcticfish.is/investor-relations/ 


For information, please contact:
Daníel Jakobsson
Email: dja@afish.is
Tel: +354 820 6827

Baldur Smári Einarsson
Email: bse@afish.is
Tel: +354 690 1222
 

Arctic Fish in brief
Arctic Fish (AFISH) is a leading salmon farmer in Iceland with an attractive and
sustainable value chain from smolt to sales. The production capacity for the
company is 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses
covering 10 farming areas in 5 different fjords, all located in the Westfjords
of Iceland. The company's value chain consists of a state-of-the-art RAS
hatching and smolt production facility, attractive sea sites with high bearing
capacity and high-energy equipment, and a newly completed harvesting facility
with sufficient capacity to secure the utilization of the licenses and growth
objectives for the company.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.