Nordic Technology Group AS

Business and Financial Review • Jun 20, 2024

FOR IMMEDIATE PRESS RELEASE

MossHydro AS, a subsidiary of Nordic Technology Group AS, secures a commercial contract for Membrane Filtration System upgrade to a land-based hatchery in Vestland.

Oslo, Norway 20 June 2024

MossHydro AS, a subsidiary of Nordic Technology Group AS, is pleased to announce the signing of a commercial contract with an Aquaculture breeder to upgrade Membrane Filtration Systems with a value of NOK 1.8 Million.

The Aquaculture breeder has built a large land-based hatcheriy for salmon smolt in Vestland. The facility is close to 5 acres and the pool capacity is more htan 20 000 cubic metres.

At the facility, there are RAS facilities for starter feeding, rearing, press smolt, smolt and post smolt. A total of 10+ million or more than 1 000 tonnes of smolts are to be produced a year.

About MossHydro:

MossHydro develops and manufactures water purification systems and filtration using proprietary technologies. Headquartered in Drammen, Norway with manufacturing in Sweden, Switzerland and TX/USA, MossHydro have water purification systems installed globally in ships and marine operations as well as municipal water supplies and industrial applications – www.mosshydro.com

For more information, please contact:

Group CEO Rune Rinnan Chair MossHydro AS Mob. +47 900 56 028 rune.rinnan@ntechgroup.no www.ntechgroup.no

MossHydro CEO Kristian Holmen Mob. +47 901 30 901 sales@mosshydro.com www.mosshydro.com

Disclaimer:

This press release has been produced by MossHydro AS (the "Company" or "MossHydro"). The information contained herein may be forward-looking statements, inaccurate, or contain errors. Thus, MossHydro makes no representation or warranty, express or implied, as to the accuracy, correctness, completeness, or updated status of the information provided.

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[End of Press Release]