NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Oslo, 9 March 2021: Reference is made to the stock exchange announcement by
Arctic Fish Holding AS ("Arctic Fish" or the "Company") on 19 February 2021,
where the Company announced the beginning of the stabilization period following
the private placement of new and existing shares in the Company (the "Private
Placement") and the subsequent admission to trading on Euronext Growth Oslo.

The Company has received notification that DNB Markets, a part of DNB Bank ASA,
acting as Stabilization Manager in the Private Placement, has taken the
stabilization measures set out in the attached notifications with respect to the
shares of the Company.