Nordic Aqua Partners AS

Earnings Release • Oct 13, 2025

Nordic Aqua Partners: Operational update for Q3 2025 and YTD 2025

Harvest

In Q3 2025, Nordic Aqua had commercial harvest of 630 tonnes head-on gutted (HOG), achieving an average harvest weight of 3.1 kg (HOG), equivalent to 3.8 kg live weight (LW), with a superior rate of 98%. To optimize the number of fish in the facility, a large number of small fish were harvested in the quarter. This is to let other fish grow larger, in line with the new strategy to produce larger fish.

Total harvest YTD 2025 was 1,673 tonnes (HOG), whereof commercial harvest amounted to 1,585 tonnes (HOG), achieving an average harvest weight of 4.1 kg (HOG), equivalent to 4.9 kg (LW), with a superior rate of 99%.

Farming

Production during the third quarter of 2025 was 969 tonnes bringing the total biomass to 2,835 tonnes.

Production YTD 2025 was 2,631 tonnes.

Overall biological performance remains strong with good fish health, no maturation and high survival rates.

Project

Subsequently on 10 October 2025, Nordic Aqua is pleased to announce the successful transfer of fish into the first grow-out RAS unit of Stage 2. The team is very proud of the new stunning facility of Stage 2, that now is receiving fish. This marks the completion of the first of four Stage 2 growout RAS units, with the remaining units set to receive fish in the coming months. The first harvest from Stage 2 fish, that was laid in as egg in Q3 2024, is expected to be in September 2026.

The full Q3 2025 report will be released on 11 November 2025 at 07:00 CET.

For more information, please contact:

CEO Ragnar Joensen ragnar@nordicaquapartners.com +298 599 112 CFO Tom Johan Austrheim tom@nordicaquapartners.com

+47 982 09 873

PRESS RELEASE 13 October 2025 07:00:00 CEST

About Nordic Aqua Partners

Nordic Aqua Partners is a Nordic land-based salmon farming company, using cutting-edge Nordic technology and expertise. The company has set up the first fully integrated and commercially scaled Recirculating Aquaculture System [RAS] farm for Atlantic salmon located in Ningbo, China. With operations in place, Nordic Aqua Partners is the first local producer of truly sustainable and fresh Atlantic salmon to the Chinese market. The current business plan is for an annual production of 20,000 tonnes (HOG). Nordic Aqua Partners AS is listed at Euronext Growth under the ticker NOAP.

To learn more, please visit www.nordicaquapartners.com