KING: REGISTRATION OF NATIONAL PROSPECTUS AND LAUNCH OF SUBSEQUENT OFFERING

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, NEW ZEALAND, JAPAN, THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.

Kats, Netherlands - August 19, 2026 - Reference is made to the stock exchange
announcement made by The Kingfish Company N.V. (Euronext Growth Oslo: KING) (the
"Company" or "Kingfish") on 12 May 2026 (the "Restructuring Announcement")
regarding, inter alia, the successful private placement by the Company of
392,523,365 new ordinary shares (the "Private Placement") as part of a
restructuring of the Company's capital structure and the contemplated subsequent
offering (the "Subsequent Offering") of up to 74,766,355 new ordinary shares in
the Company, each with a nominal value of EUR 0.01 (the "Offer Shares").

Following completion of the Private Placement, as announced by the Company on 26
June 2026, the supervisory board of the Company (the "Board") has approved the
launch of the Subsequent Offering and the national prospectus prepared by the
Company in accordance with Chapter 7 of the Norwegian Securities Trading Act
(the "Prospectus"). The Prospectus has been registered with the Norwegian
Register of Business Enterprises pursuant to Section 7-8 of the Norwegian
Securities Trading Act. Neither the Financial Supervisory Authority of Norway
nor any other public authority has carried out any form of review, control, or
approval of the Prospectus. The Prospectus does not constitute an EEA
prospectus.

The Offer Shares will be issued at a subscription price of NOK 0.60402 per Offer
Share (the "Subscription Price"), equal to the NOK equivalent of the
subscription price in the Private Placement of EUR 0.0535. Subject to all Offer
Shares being issued, the Subsequent Offering will generate gross proceeds of up
to the NOK equivalent of EUR 4 million. 

The subscription period for the Subsequent Offering will commence on 20 August
2026 at 09:00 (CEST) and expire on 3 September 2026 at 16:30 (CEST) (the
"Subscription Period"). The Company reserves the right, at its own discretion,
to shorten or extend the Subscription Period at any time and for any reason,
without any prior written notice. If the Subscription Period is shortened or
extended, the other dates set out herein may be amended accordingly.

ABG Sundal Collier ASA is acting as both the settlement agent and the receiving
agent in the Subsequent Offering (the "Manager").

The Prospectus and an ancillary subscription form will, subject to regulatory
restrictions in certain jurisdictions, be made available at the following
website of the Manager prior to the commencement of the Subscription Period on
20 August 2026: www.abgsc.com/transactions/.

The Subsequent Offering is directed towards shareholders in the Company as of 11
May 2026 (as registered in the VPS two trading days thereafter, on 13 May 2026
(the "Record Date")), who: (i) were not a lender under the Company's convertible
loan agreement dated 29 June 2023, as terminated on 26 June 2026 (the "CLA
Lenders"); (ii) did not subscribe for shares in the Private Placement; (iii)
were not wall-crossed in connection with the Private Placement; and (iv) are not
resident in a jurisdiction where such offering would be unlawful, or would (in
jurisdictions other than Norway) require any prospectus, filing, registration or
similar action (the "Eligible Shareholders"). 

For each share recorded as held in the Company as of expiry of the Record Date,
each Eligible Shareholder will be entitled to allocation of 2.963 non-tradable
subscription rights (the "Subscription Rights"), rounded down to the nearest
whole Subscription Right. One Subscription Right will, subject to applicable
law, give the right to subscribe for, and be allocated, one Offer Share.
Over-subscription will be allowed. Subscription without Subscription Rights will
not be permitted.

The Subscription Rights must be used to subscribe for Offer Shares prior to
expiry of the Subscription Period on 3 September 2026 at 16:30 (CEST).
Subscription Rights that are not exercised before the end of the Subscription
Period will have no value and will lapse without compensation to the holder.

Subscription for Offer Shares may be made by submitting a correctly completed
subscription form (attached to the Prospectus) to the Manager in accordance with
the terms and conditions set out in the Prospectus. Eligible Shareholders who
are residents of Norway with a Norwegian national identity number (Nw.: fødsels-
og personnummer) may subscribe for Offer Shares by way of online subscription. 

Notifications of allocated Offer Shares and the corresponding subscription
amount to be paid are expected to be made available to subscribers on or about 4
September 2026. The payment date for the Offer Shares allocated in the
Subsequent Offering is expected to be on or about 9 September 2026. Subject to
timely payment, the Company expects the issuance of the Offer Shares to be
executed by private deed with immediate legal effect on or about 16 September
2026. The Offer Shares are expected to be registered in the VPS in book-entry
form and delivered to the subscribers' VPS accounts on or about 16 September
2026. The Offer Shares will rank pari passu in all respects with the Company's
existing shares and will carry full shareholder rights from the time of such
registration in VPS.

The completion of the Subsequent Offering remains subject to (i) the Board
resolving to issue the Offer Shares, (ii) due payment of the Offer Shares by the
subscribers in the Subsequent Offering, (iii) issuance of the Offer Shares, (iv)
registration of the Offer Shares in the VPS, and (v) delivery of the Offer
Shares to the subscribers in the VPS.

Trading in the Offer Shares on Euronext Growth Oslo is expected to commence on
or about 17 September 2026 under the ticker code "KING". 

Additional information regarding the Subsequent Offering, including procedures
for subscription, payment and delivery of the Offer Shares, is set out in the
Prospectus.

ABG Sundal Collier ASA is acting as Manager in the Subsequent Offering. DLA
Piper Nederland N.V. is acting as Dutch legal adviser to the Company in
connection with the Subsequent Offering. Wikborg Rein Advokatfirma AS is acting
as Norwegian legal adviser to the Company in connection with the Subsequent
Offering.

For media and investor inquiries, please contact 
press@the-kingfish-company.com 
ir@the-kingfish-company.com

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

About The Kingfish Company
The Kingfish Company is a pioneer and leader in sustainable land-based
aquaculture, specialising in the production of high-quality yellowtail kingfish.
The Company operates its flagship facility, Kingfish Zeeland, in the
Netherlands.
Production is based on advanced recirculating aquaculture systems (RAS) that
ensure biosecurity and environmental control. Animal welfare is paramount, and
the fish are grown without antibiotics or vaccines. All operations run on 100%
renewable electricity, and use seawater to conserve freshwater resources.
The Company's main product, the Yellowtail Kingfish (also known as ricciola,
hiramasa, or greater amberjack), is a versatile premium species highly valued in
Italian and Asian-fusion cuisines. Its products are certified as sustainable and
environmentally responsible by Best Aquaculture Practices (BAP), GLOBALG.A.P.,
and Friend of the Sea.
IMPORTANT INFORMATION 

This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering or their
securities in the United States or to conduct a public offering of securities in
the United States. Any sale in the United States of the securities mentioned in
this announcement will be made solely to "qualified institutional buyers" as
defined in Rule 144A under the Securities Act.

In any EEA Member State, this communication is only addressed to and is only
directed at qualified investors in that Member State within the meaning of the
Prospectus Regulation, i.e., only to investors who can receive the offer without
an approved prospectus in such EEA Member State. The expression "Prospectus
Regulation" means Regulation 2017/1129 as amended together with any applicable
implementing measures in any Member State. In the United Kingdom, this
communication is only addressed to and is only directed at Qualified Investors
as defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to
Trading Regulations 2024, and that are (i) investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) (the "Order") or (ii) persons falling within
Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated
associations, etc.) (all such persons together being referred to as "Relevant
Persons"). These materials are directed only at Relevant Persons and must not be
acted on or relied on by persons who are not Relevant Persons. Any investment or
investment activity to which this announcement relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so. 

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this announcement are
based upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, these assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond its control.

Such risks, uncertainties, contingencies and other important factors could cause
actual events to differ materially from the expectations expressed or implied in
this announcement by such forward-looking statements. The Company does not
provide any guarantees that the assumptions underlying the forward-looking
statements in this announcement are free from errors nor does it accept any
responsibility for the future accuracy of the opinions expressed in this
announcement or any obligation to update or revise the statements in this
announcement to reflect subsequent events. You should not place undue reliance
on the forward-looking statements in this announcement.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement.

Neither of the Company, the Manager nor any of their respective affiliates makes
any representation as to the accuracy or completeness of this announcement and
none of them accepts any responsibility for the contents of this announcement or
any matters referred to herein. This announcement is for information purposes
only and is not to be relied upon in substitution for the exercise of
independent judgment. It is not intended as investment advice and under no
circumstances is it to be used or considered as an offer to sell, or a
solicitation of an offer to buy any securities or a recommendation to buy or
sell any securities in the Company. Neither the Company, the Manager nor any of
their respective affiliates accept any liability arising from the use of this
announcement.
s it to be used or considered as an offer to sell\, or a\
solicitation of an offer to buy any securities or a recommendation to buy or\
sell any securities in the Company. Neither the Company\, the Manager nor any of\
their respective affiliates accept any liability arising from the use of this\
announcement.\