Nordic Halibut AS — Share Issue/Capital Change 2021

Nov 19, 2021

Nordic Halibut AS – New share capital registered

Nordic Halibut AS – New share capital registered

Averøy, 19 November 2021

Reference is made to the company's stock exchange announcement on 9 November 2021 regarding the completed private placement (the "Private Placement") of new shares in Nordic Halibut AS (the "Company").

The share capital increase pertaining to the issuance of new shares has now been registered with the Norwegian Register of Business Enterprises:

Share capital: 145,846,050

Total number of shares: 29,169,210

Par value of each share: NOK 5

This information is subject to the disclosure requirements pursuant to the Euronext Growth Rule Book part II.

For more information, please contact:

CEO Edvard Henden, edvard@nordichalibut.no, tel: +47 91 14 11 65

CFO Kenneth Meyer, kenneth.meyer@nordichalibut.no, tel: +47 45 21 24 24

About Nordic Halibut AS:

Nordic Halibut is a company based in Western Norway and with headquarters in Averøy. The Company is a leading farmer of Atlantic halibut. The Company has a fully integrated and well-developed value chain from genetics to sales and has had a significant breakthrough in early phase production. The Company will be implementing a growth plan to expand production volumes considerably. Nordic Halibut will create shareholder value by pursuing value accretive organic growth through increased production.