Gigante Salmon AS

Regulatory Filings • Jan 21, 2024

Gigante Salmon: Test period ended - Start of production

Gigante Salmon: Test period ended - Start of production

Bodø, Norway, 21 January 2024

Functional testing of production equipment and facilities has been carried out and completed, and Gigante Salmon will release smolts in the first production unit in the next few days.

Production starts in one of the facility's total of three production units. The entire facility, including the last two production units, will be completed through 2024.

Further information will be provided in connection with the company's Q4 presentation Tuesday 23 January at 10:00 CET. Link to the webcast:

https://gigantesalmon.no/investor/websendinger/#/gigante-salmon/quarterly-earning-reports-2023/06e46klo

For further information, please contact:

Helge E. W. Albertsen, CEO

Telephone: +47 480 47 613

Email: helge@gigantesalmon.no

Rune Johansen, CFO

Telephone: +47 988 44 724

Email: rune@gigantesalmon.no

Gigante Salmon:

Gigante Salmon is a land-based salmon farming company with its first production facility under construction on Lille Indre Rosøya in Rødøy, Norway. The company’s aquaculture concept is based on a flow-through system, combining the benefits of conventional and land-based aquaculture while simultaneously eliminating issues associated with conventional, sea based, farming, i.e., sea lice and escapes as well as reduced mortality, emissions, feed waste and impact on nearby surroundings.

For further information about the company please visit www.gigantesalmon.no