Reference is made to the applications of salmon licenses for up to 4,000 tonnes
maximum allowed biomass (MAB) in Arnarfjordur in the Westfjords of Iceland, as
disclosed in the Company's information document from 19th of February 2020 and
in an update to the license application that was published to the market on the
11th of October 2021
(https://live.euronext.com/en/listview/company-press-release/253403#CompanyPress
Release-6965625).
Today, Arctic Sea Farm a 100% owned subsidiary of Arctic Fish Holding AS,
received salmon licenses for 4,000 tonnes (MAB) in Arnarfjordur. This is a new
license for Arctic Fish and will be a new site in a new fjord.

The total licenses the company currently holds, amount then to 27,100 tonnes
(MAB). The total volume of licenses is as follows