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BioFish Holding AS

Regulatory Filings Jan 26, 2022

3558_rns_2022-01-26_d63ceec3-80e2-423a-9da4-c0845a340362.pdf

Regulatory Filings

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BioFish – New customer contracts January 2022

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Biofish Holding AS is pleased to announce that Biofish have received new contracts for deliveries of postsmolt with Bolaks, which is a new customer to Biofish. The contract value on these contracts is aprox NOK 24 million, half of it to be delivered spring 2023 and the rest during spring 2024. In addition to these contracts, there is an option to similar delivery in spring 2025.

Biofish has, after the listing on Euronext Growth, received significant increase in requests for new deliveries of smolt, and more firm contracts are thus expected to be formalized.

Bolaks is a privately owned salmon producer located in Eikelandsosen in Bjørnefjorden comunity. Bolaks holds twelve licenses for production of salmon

For more information please contact:

Torbjørn Skulstad, CEO +47 483 81 546

Tor Haldorsen, Chairman of the board +47 932 26 282

About BioFish:

BioFish is a land-based producer of smolt – juvenile fish destined for aquaculture facilities. The company's production takes place in its production facility in Kvam on the Norwegian west coast using a Recirculating Aquaculture System (RAS), which recycles at least 99% of the water used. BioFish delivers smolt to salmon farms along the entire Norwegian coast and may also deliver its products to customers across Northern Europe.

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