Nordic Halibut AS – Strategic acquisitions support continued growth

Averøy, Norway, 28 May 2026

Nordic Halibut AS (the "Company") has today entered into two share purchase agreements with Heimstø AS (the "Seller") for the acquisition of 100% of the shares in each of Thule Marine AS and Gulbygget AS (the "Acquisitions").

Thule Marine AS owns 100% of Tjeldbergodden Rensefisk AS ("TBR"), with which the Company currently has a commercial relationship. Gulbygget AS owns the property and operational facilities leased to TBR. The facility has been in use by Nordic Halibut AS since 2024 and forms part of its operations. The Acquisitions will provide the Company with full control over both operations and related infrastructure, which represents an important strategic step for the Company enabling greater operational control and supporting further development.

Full ownership of the Tjeldbergodden facility is a natural next step for Nordic Halibut. The facility has delivered strong biological results in halibut production since 2024, and converting part of it into a dedicated broodstock unit secures a critical input for our continued scale-up. This acquisition strengthens our operational control and supports our strategy of building a fully integrated value chain from genetics to plate, said Edvard Henden, CEO of Nordic Halibut AS.

The aggregate consideration payable by the Company to the Seller for the Acquisitions is NOK 24 million. The Purchase Price shall be settled by the issuance of 1 million newly issued shares in the Company at a price per share of NOK 24.

Since the acquisition of Thule Marine AS and the acquisition of Gulbygget AS are closely interrelated, the Acquisitions are structured as interdependent transactions that will be completed simultaneously.

Completion of the Acquisitions is expected to take place on 1 June 2026, or as soon as practicable thereafter, subject to completion of the required corporate approvals and fulfilment of closing conditions.

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

This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Are Hammervik Strand, at the date and time set out above.