Averøy, Norway, 2 May 2025

Nordic Halibut AS ("NOHAL" or the "Company") today publishes its Annual Report
for 2024. The Annual Report and Financial Statement for 2024 were approved by
the Board of Directors on 30 April 2025.

The report is attached to this release and is also available on the Company's
website at www.nordichalibut.com.

For further information, please see the attached report or contact:
 
CEO Edvard Henden 
edvard@nordichalibut.no 
+47 911 41 165

or

CFO Are Strand
are.strand@nordichalibut.no
+47 915 39 232

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Oslo Rule
Book Part II.

About Nordic Halibut AS:

Nordic Halibut is a leading farmer of Atlantic halibut located in Western Norway
and with headquarters in Averøy, Nordmøre. The Company has a fully integrated
and well-developed value chain from genetics to sales and has had a significant
breakthrough in early phase production. A growth plan to expand production
volumes is implemented with production target of 4,500 tonnes HOG within 2027
and 10,350 tonnes HOG within 2031. Nordic Halibut will create shareholder value
by pursuing value accretive organic growth through increased production.