Biofish Holding AS (the “Company”) is pleased to announce that the Company has
received a term sheet for a new revolving credit facility of NOK 33 million and
an extension of the duration of its existing loan (NOK 51 million) until 31
January 2027.

The final documentation and commercial terms are still subject to negotiation.
However, the Company expects to finalize the refinancing process within the next
3-4 weeks.

For more information please contact:

Sondre Johnsrud, CEO +47 975 79 321