Arctic Fish (AFISH): Q3 2026 - Previous volume record surpassed

15,613 tonnes harvested YTD 2026, up 48% from 10,561 tonnes YTD 2025. Full-year record from 2025 (14,791 tonnes) already surpassed after nine months.

Quarterly harvest volumes amounted to 4.0 thousand tonnes, compared with 5.4 thousand tonnes in Q3 2025 (-26% YoY).

Revenues amounted to EUR 22.8 million, compared with EUR 29.0 million in Q3 2025, driven by lower harvest volumes.

Negative Operational EBIT of EUR -4.2 million, compared to -6.6 MEUR in Q3 2025 showing operational improvements on lower volumes compared to last year.

Cost saving initiatives and greater economies of scale have impacted operational costs in a positive way this year.

Guidance for 2026 maintained at 18.0 thousand tonnes, or another record year (+22% YoY).

Harvest volume guidance for 2027 is set at 18.5 thousand tonnes, building a foundation for further volume growth.

The presentation materials are attached to this notice and can also be found on the company website: https://www.arcticfish.is/investor-relations/

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

Baldur Smári Einarsson Email: bse@afish.is Tel: +354 690 1222

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.