Nordic Halibut AS – Interim Report Q2 2025

Averøy, Norway, 27 August 2025

Nordic Halibut AS today publishes its interim quarterly report for Q2 2025. The interim report and financial statement for Q2 2025 were approved by the Board of Directors on 26 August 2025.

Q2 2025 Highlights

· Biological asset production at sea of 388 tonnes, reflecting a 15,4% increase compared to the biomass volume at the beginning of the quarter.

· A total of 266 tonnes HOG were harvested, marking a 112% increase compared to Q2 2024 2024. The average harvest weight reached 4.3 kg, up 4,9% YoY.

· The average sales price was NOK 170/kg HOG, representing a 11% increase YoY.

· Total revenue for the quarter amounted to NOK 32 million, up 68% YoY. EBITDA was NOK -27 million, and net income ended at NOK -41 million.

· The development of the new production site in Torjulvågen progressed according to plan during the quarter.

For further information, please see the attached report or contact:

CEO Edvard Henden

edvard@nordichalibut.no

+47 911 41 165

CFO Are Strand

are.strand@nordichalibut.no

+47 915 39 232