Arctic Fish appoints Egill Ólafsson as Chief Operating Officer Farming.

Arctic Fish announces the appointment of Egill Ólafsson as Chief Operating Officer - Farming, effective April 1st, 2026.

Egill joined Arctic Fish in 2015 and has served as Operational Manager – Seawater since 2019. He succeeds John Gunnar Grindskar, who will take on a new role as Project Leader, Production Development.

Egill is among the company’s longest-serving employees, beginning his career at one of Arctic Fish’s seawater sites. Over the years, he has held several key management roles and has pursued relevant education alongside his work. With his deep operational knowledge, leadership experience, and strong industry background, Egill is well positioned to guide Arctic Fish’s farming operations into the future.

“We are very pleased to announce Egill’s appointment,” said Daniel Jakobsson, CEO of Arctic Fish. “He brings more than a decade of farming experience in the Westfjords and a good educational foundation. We are also proud to promote from within — strengthening local leadership rooted in the community.”

John Gunnar will continue in his current COO role until March 31, 2026, after which he will begin his new position. In this role, he will focus on strengthening local management in the field and continue aligning Arctic Fish’s operations with Mowi’s standards of excellence.

“We are very happy that John Gunnar has chosen to stay with the company in this new capacity,” said Jakobsson. “With a clearer focus on operational improvement and knowledge sharing with our teams at sea, he will remain an important asset to Arctic Fish moving forward.”

For information, please contact: Daníel Jakobsson Email: dja@afish.is Tel: +354 820 6827

Egill Ólafsson Email: egill@afish.is Tel: +354 869 0877

Arctic Fish in brief Arctic Fish (AFISH) is a leading salmon farmer in Iceland with an attractive and sustainable value chain from smolt to sales. The production capacity for the company is 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses covering 10 farming areas in 5 different fjords, all located in the Westfjords of Iceland. The company's value chain consists of a state-of-the-art RAS hatching and smolt production facility, attractive sea sites with high bearing capacity and high-energy equipment, and a newly completed harvesting facility with sufficient capacity to secure the utilization of the licenses and growth objectives for the company.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.