BioFish Holding AS

Share Issue/Capital Change • Feb 18, 2025

BIOFISH HOLDING AS Exercise of Warrants

BIOFISH HOLDING AS Exercise of Warrants

Ljones, 18 February 2025: Reference is made to the warrants (the "Warrants")

issued by Biofish Holding AS (the "Company") from placements in 2023, and the

notice on 13 January 2025 in connection with the commencement of a fourth

exercise period (the "Fourth Exercise Period"), during which holders of

Warrants could subscribe for new shares in the Company at a price of NOK 1.20.

The Fourth Exercise Period ended yesterday, 17 February 2025.

Based on a preliminary count, the number of Warrants exercised in the Fourth

Exercise Period will be 1,893,608. An update will be provided as soon as the

new share capital has been registered with the Norwegian Registry of Business

Enterprises.

Remaining Warrants may be exercised during periods each half year until their

expiration in January 2026.

For additional information please contact:

Sondre Hagerup Johnsrud, CEO

Mob: +47 975 79 321 Email: sondre.johnsrud@biofish.no

Johnny Duedahl, CFO

Mob: +47 982 06 833 Email: johnny@biofish.no

About BioFish

BioFish is a Norwegian independent producer of high-quality smolt and

post-smolt. The company has a RAS production facility in Ljones close to the

Hardangerfjord on the west coast of Norway. Numerous Norwegian fish farming

sites are located within one day of transport.

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-02-18 10:15 CET.