The CEO of Ice Fish Farm AS (the "Company" or "Ice Fish"), Guðmundur Gíslason,
has today given notice to the Company's board of directors that he wishes to
resign from his position as CEO, to further focus on developing the Company's
sales strategy going forward. Gíslason has headed the company from its early
stages and through a period of strong growth, and the board of directors are
very thankful for his invaluable contribution.

"Being CEO for Ice Fish has been an incredible journey together with great
colleagues in high growth rate and the establishment of a new and sustainable
industry in Iceland over the past 12 years. I very much look forward to
continuing to work for and support the Company going forward by continuing to
develop markets for ICE FISH FARM.", says Gudmundur.

"Gudmundur has been a true entrepreneur and leader of Ice Fish since 2012 in a
period where the Company has gone from the idea stage to a key player in a new
sustainable Icelandic industry. I am very grateful for the efforts he has
contributed and look forward to our continued collaboration in the years to
come", says the chairman of the Company, Asle Rønning.

The board of directors will start the process to recruit a new CEO and expects
that the process may take some months.

Gudmundur Gislason will continue to be CEO until the new one replaces him.

 

Ice Fish Farm, 10 September 2023

 

Contacts: Guðmundur Gíslason, CEO of ICE FISH FARM AS: +354 8960426 (mobile)