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Arctic Fish Holding

Regulatory Filings • May 7, 2021

3537_rns_2021-05-07_dbb7f40d-e2a9-4d0f-8c49-c3236f363ff7.html

Regulatory Filings

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License update - Dyrafjordur

Reference is made to the applications of salmon licenses for up to 10,000 tonnes maximum allowed biomass (MAB) in Dyrafjordur in the Westfjords of Iceland, as disclosed in the Company's information document from 19th of February 2020. Today, Arctic Sea Farm a 100% owned subsidiary of Arctic Fish Holding AS, received salmon licenses for 10,000 tonnes (MAB) in Dýrafjörður. This is an extension of 6,000 tonnes MAB on an existing 4,000 tonnes (MAB) license.

The total licenses the company currently holds, amount then to 23,100 tonnes (MAB). The total volume of licenses is as follows; salmon licenses for 17,800 tonnes (MAB); and trout licenses for 5,300 tonnes (MAB) that are in the process of being converted to salmon.