Andfjord Salmon

Regulatory Filings • Mar 21, 2025

Andfjord Salmon: Mandatory notification of trade

Andfjord Salmon: Mandatory notification of trade

21.3.2025 14:04:31 CET | Andfjord Salmon | Mandatory notification of trade

primary insiders

Reference is made to the private placement announced by Andfjord Salmon Group AS

on 26 and 27 February 2025 (the "Private Placement"). Please see the attached

PDMR form related to redelivery of shares lent in connection with the Private

Placement. The shares were lent in order to facilitate delivery of shares in the

Private Placement.

CONTACTS

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

bjarne.martinsen@andfjord.no

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord

Salmon is developing the world's most sustainable and fish-friendly aquaculture

facility of its kind. Through a proprietary flow-through system, Andfjord Salmon

combines the best from ocean and land-based salmon farming. In its first

production cycle, the company achieved an industry-leading survival rate of 97.5

percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and

required 1 kWh to produce one kilo of salmon. For more information, see

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

ATTACHMENTS

Azure - PDMR attachment - redelivery of shares.pdf -

https://kommunikasjon.ntb.no/ir-files/17847566/18465843/5835/Azure%20-%20PDMR%20

attachment%20-%20redelivery%20of%20shares.pdf