Nordic Halibut AS – Further increase of Overdraft Facility to NOK 500 million

Averøy, Norway, 28 May 2026

Reference is made to the stock exchange announcements made by Nordic Halibut AS (the "Company") on 15 December 2021, 29 June 2023, 16 November 2023 and 18 January 2025, regarding increases of the available amounts under the Overdraft Facility.

The Company is pleased to announce that SpareBank 1 Sør-Norge and Eksfin has resolved to grant a further increase of the available amounts under the Overdraft Facility to NOK 500 million.

The increase of the available amount will strengthen the Company's liquidity position and support the continued expansion in biomass production aiming for an annual production of 10,350 tonnes by 2031.

For further information, please contact:

CEO Edvard Henden

edvard@nordichalibut.no

+47 911 41 165

or

CFO Are Strand

are.strand@nordichalibut.no

+47 915 39 232

About Nordic Halibut AS:

Nordic Halibut is a leading farmer of Atlantic halibut located in Western Norway and with headquarters in Averøy, Nordmøre. 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. A growth plan to expand production volumes is implemented with production target 10,350 tonnes HOG within 2031. Nordic Halibut will create shareholder value by pursuing value accretive organic growth through increased production.