Reference is made to the stock exchange announcement made 12 February 2024.
Biofish Holding AS (the “Company” or “BioFish”) is pleased to announce that the
refinancing process has been finalised. The Company has signed agreements for
both a new revolving credit facility of NOK 33 million and the extension of the
duration of its existing loan (NOK 51 million) until 31 January 2027.

“BioFish is in the process of increasing the volume of biomass in the facility
at Ljones, and as a result of this we expect an increase in working capital
going forward. The new credit facility will enable us to continue our production
growth,” says Johnny Duedahl.

For more information please contact:

Johnny Duedahl, CFO
Mob: +47 982 06 833 Email: