Statt Torsk ASA

Report Publication Announcement • Feb 17, 2023

Statt Torsk ASA – Fourth quarter 2022 Financial report

Statt Torsk ASA – Fourth quarter 2022 Financial report

17 February 2023

Best quarter on volume, sales and production

Operational highlights in the quarter:

• First commercial quarter

• Sales 21,7 MNOK

• Harvest 485 tons

• Growth and biology developing according to plan

• 3,300 tons in sites, end of year

• Q4 results – 8,175

Statt expects to harvest 3,500 tons in 2023.

Gustave Brun-Lie, CEO of Statt Torsk ASA (“Statt”) comments: “Through our deliveries to markets in Europe and Asia, we have observed a clear improvement in product awareness and a confirmation of our product quality. Recent pilot deliveries have also provided evidence that our superior product quality has the potential to be successful in the sushi/sashimi markets.”

Join the presentation of the results for the 4. Quarter 2022 and a Q&A session on Teams today, Friday 17. February, at 08:30 a.m. CET. The meeting will be held in Norwegian. Send an email to bb@statt.no before 08:20 and you will invited to the meeting.

Including the site Apalset awarded in November, Statt Torsk ASA has 3 production sites in Stad municipality with a total of 12 licenses/MAB 9,360 tons. Target for the Statt cluster is 24 licenses at 4-6 sites, and a total production of 12.000 tons.

For more information, contact:

Gustave Brun-Lie, CEO, gbl@statt.no

Bjug Borgund, CFO, bb@statt.no

About Statt Torsk ASA

Statt Torsk ASA is listed on Euronext Growth Oslo with ticker “STATT” and with operations in Stad municipality. The company produces and sells farmed Atlantic cod. In 2016-2021, the company carried out three pilot productions to clarify whether commercial production was possible. STATT has currently two sites in production.

This stock exchange announcement was published by Bjug Borgund, CFO in Statt Torsk ASA, on 17 February 2023 at 08:00 CET.