Ljones, 29 August 2024: BioFish has entered into an agreement with a recognised
industry player for the delivery of approximately 87 000 post-smolt, each
weighing up to 1 000 grams. The contract has been secured at market terms, with
delivery scheduled for early October 2024.

BioFish is now fully focused on securing contracts for the smolts ready for
delivery in November 2024, as well as improving contract coverage for 2025 and
2026.

For additional information please contact:

Johnny Duedahl, CFO
Mob: +47 982 06 833
Email: johnny@biofish.no

About BioFish
BioFish is a Norwegian independent producer of high-quality smolt and
post-smolt. The company has a post-smolt RAS production facility in Ljones close
to the Hardangerfjord on the west coast of Norway. Almost 40 per cent of
Norwegian fish farming sites are located within one day of transport.