Gigante Salmon AS

Share Issue/Capital Change • Jul 22, 2024

Gigante Salmon AS: Share capital registered

Gigante Salmon AS: Share capital registered

Bodø, 22 July 2024:

Reference is made to the stock exchange notice by Gigante Salmon AS (the "Company") published on 10 July 2024 regarding the final result of a subsequent offering of 2,473,951 new shares in the Company raising gross proceeds of approx. NOK 16.1 million (the "Subsequent Offering").

The share capital increase pertaining to the Subsequent Offering is now registered with the Norwegian Register of Business Enterprises. Following this, the Company's registered share capital is NOK 171,263,594.00 divided into 171,263,594 shares, each with a nominal value of NOK 1 and carrying one vote in the Company's general meeting.

For more information, please contact:

Kjell Lorentsen, CEO

Phone: +47 911 22 688

E-mail: kjell@gigante.no

Rune Johansen, CFO

Phone: +47 988 44 724

E-mail: rune@gigante.no

This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Growth Oslo and section 5-12 of the Norwegian Securities Trading Act.

About Gigante Salmon AS:

Gigante Salmon AS is a land-based salmon farming company with its first production facility under construction on Lille Indre Rosøy in Rødøy, Norway. The Company’s aquaculture concept is based on a flow-through system, combining the benefits of conventional and land-based aquaculture while simultaneously eliminating issues associated with conventional, sea based, farming. Visit www.gigantesalmon.no for more information.