NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Oslo, 8 December 2022: Reference is made to the stock exchange announcement
published on 8 December 2022 by Statt Torsk ASA ("Statt Torsk" or the "Company")
announcing the successfully placed private placement of new shares in the
Company, with gross proceeds of approximately NOK 40 million (the "Private
Placement"), and that the Company is considering to conduct a subsequent
offering of up to 5,882,352 new shares directed towards eligible shareholders
(the "Subsequent Offering"). 

Key information: 

Date on which the terms and conditions of the Subsequent Offering were
announced: 8 December 2022

Last day including right: 8 December 2022 

Ex-date: 9 December 2022 

Record date: 12 December 2022 

Date of approval: Expected within two weeks from the date hereof

Maximum number of new shares: 5,882,352

Subscription price: NOK 1.7 per share 

Other information: The Subsequent Offering is conditional on, inter alia, the
Company's Board of Directors resolving to carry out the Subsequent Offering.
Launch of a Subsequent Offering, if carried out, may also be contingent on
publishing of a prospectus. Further description of the Subsequent Offering and
the terms and other circumstances that must be taken into consideration when
subscribing for shares will be announced later. Notwithstanding the foregoing,
the Board of Directors may, in its sole discretion, decide that the Company
shall not carry out the Subsequent Offering, for example if the prevailing
market price of the Company's share trade lower than the subscription price,
thereby making a subsequent offering redundant. 

Advisors
SpareBank 1 Markets AS is acting as Sole Bookrunner in connection with the
Private Placement. Ro Sommernes is acting as legal advisor to the Company and
Advokatfirmaet Wiersholm AS is acting as legal advisor to the Manager.

For more information