Andfjord Salmon

Report Publication Announcement • Apr 20, 2023

Andfjord Salmon AS: Annual report and ESG report 2022

Andfjord Salmon AS: Annual report and ESG report 2022

20.4.2023 08:00:01 CEST | Andfjord Salmon | Annual financial and audit reports

Andfjord Salmon AS has today published its annual report for 2022.

The annual report, which includes Andfjord Salmon's sustainability report,

outlining the company's approach to environmental, social and governmental (ESG)

topics, is enclosed to this announcement and also available on the company's

website: https://www.andfjordsalmon.com/investor/reports-and-presentations

"2022 was a highly eventful year for Andfjord Salmon with first smolt release as

one of the key milestones. The highlight of the second half of the year was the

strong biological performance in our first pool at Kvalnes, which resulted in

strong growth and an impressive survival rate for our salmon. I am proud of the

fact that Andfjord Salmon delivered as promised in 2022, with results above

expectations," says Martin Rasmussen, CEO of Andfjord Salmon.

Andfjord Salmon's ambition is to develop the world's most fish friendly and

sustainable fish farming facility of its kind. Everything the company has

achieved during 2022 has proven that this is a realistic ambition.

"To realise such a hefty ambition, it is vital that corporate development and

sustainability are intertwined. How sustainability is integrated with Andfjord

Salmon's business strategy, our future targets and how we document our progress

are detailed in our third annual sustainability report," adds Martin Rasmussen.

Any deviations from Andfjord Salmon's preliminary 2022 accounts published on 16

March 2023 are, as previously mentioned, caused by conversion from NGAAP to IFRS

accounting principles.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements set out in section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Investors: Bjarne Martinsen, CFO, Andfjord Salmon AS, +47 975 08 345,

bjarne.martinsen@andfjord.no

* Media: Martin Rasmussen, CEO, Andfjord Salmon AS, +47 975 08 665,

martin@andfjord.no

ABOUT ANDFJORD SALMON

Located at Kvalnes on the island of Andøya on the Arctic Archipelago of

Vesterålen, Norway, Andfjord Salmon has developed an innovative and sustainable

aquaculture concept for land-based farming of Atlantic salmon, based on a

flow-through technology solution. The company's ambition is to build the world's

most sustainable and fish-friendly aquaculture facility of its kind.

Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF.

www.andfjordsalmon.com - http://www.andfjordsalmon.com/

ATTACHMENTS

Andfjord_Salmon_Annual_Report_2022.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/2257/3089/Andfjord_Salmon_Annual_

Report_2022.pdf

Andfjord_Salmon_ESG_Report_2022.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/2257/3090/Andfjord_Salmon_ESG_Rep

ort_2022.pdf