Oslo, 23 May 2024: The board of directors of BioFish Holding AS has approved the
annual accounts for 2023, and the annual report has been published today.

The report is attached to this notice and is also available at the company’s
website, www.biofish.no.

“In 2023, BioFish successfully delivered a batch of smolt which has been
harvested with outstanding results in terms of mortality, quality, and growth.
Looking ahead, the demand from salmon farmers for smolt and post-smolt is
expected to develop positively, supported by strong market fundamentals. With
the facility expansion, we anticipate increased production in 2024 and beyond,”
says Sondre Hagerup Johnsrud, CEO of BioFish.

For additional information please contact:

Johnny Duedahl, CFO
Mobile: +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.

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