Austevoll Seafood ASA

Capital/Financing Update • Jun 13, 2023

Successful placement of new senior unsecured bonds

Successful placement of new senior unsecured bonds

Austevoll Seafood ASA (rated BBB-/Stable by NCR) has today successfully completed new senior unsecured bond issues of NOK 550 million and NOK 250 million with tenors of 5 and 7 years, respectively. The bonds have coupons of 3m NIBOR + 2.00% p.a for the 5-year tranche, and fixed rate of 5.98% p.a for the 7-year tranche.

The settlement date is set to 21 June 2023 for the two tranches and an application will be made for the bonds to be listed on Oslo Børs.

Pareto Securities AS and Nordea Bank Abp, filial i Norge acted as Joint Lead Managers in connection with the bond issue.

For further information, please contact:

Britt Kathrine Drivenes, CFO Austevoll Seafood ASA, +47 916 61 037.

About Austevoll Seafood ASA:

Austevoll Seafood ASA (AUSS) is a global seafood corporation with its head office in Storebø at the west coast of Norway. Through its portfolio companies AUSS owns world-leading companies within aquaculture, fisheries, processing, sales and distribution. In 2022 the Group`s revenue came in at MNOK 31,150 and the Group had approx. 8,500 employees by the end of 2022.