Statt Torsk ASA

Quarterly Report • May 13, 2022

Statt Torsk ASA – Q1 2022 Financial report

Statt Torsk ASA – Q1 2022 Financial report

13 May 2022

Focus on building biomass – Starts year-round deliveries in September 2022

Operational highlights and outlook:

• Optimized production- and harvest plan

• Start of year-round deliveries from September 2022

• Production performing well – all parameters at Rekvika in line with targets

• Annual Report 2021 – first IFRS-based

• Q1 loss as expected – no errors occurred

• Certification in sustainability in process

• Stokkeneset back in business in April after normal break in Q1 2022

Gustave Brun-Lie, CEO of Statt Torsk ASA (“Statt”) comments: “We are building up our market presence. From September this year and onwards we will have weekly deliveries, throughout the year. This is our answer to the market challenging us to continuous, predictable deliveries year around, not only quantities but also quality wise.”

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 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 is now in commercial production with currently two sites in Vanylvsfjorden.

This stock exchange announcement was published by Bjug Borgund, CFO in Statt Torsk ASA, on 13 May 2022 at 08:00 CET.