Andfjord Salmon: Changes to the board of directors | Minutes from Annual General Meeting

30.4.2026 14:49:46 CEST | Andfjord Salmon | Additional regulated information required to be disclosed under the laws of a member state

The annual general meeting of Andfjord Salmon Group AS (Andfjord Salmon) has today voted for the following changes to the company's board of directors:

Kim Marius Strandenæs will formally step down from the board of directors but will remain as an observer to the board. He will continue to advise the board and provide strategic and operational support to the company's management team on matters related to capital markets and business development. Kim Strandenæs is the CEO of UFO Holding AS, UFI AS and UFI Capital AS, which together is a major shareholder of Andfjord Salmon.

Madalena Mena has been elected as new member of Andfjord Salmon's board of directors. She is an accomplished senior executive with over twenty years of experience in finance, governance, and risk management across multinational retail and service organisations, currently serving as Finance Operations Global Director at Jerónimo Martins, with previous roles in the company including Privacy and Corporate Center Director, Head of Internal Audit, and Director of Compensation and Benefits. She holds a degree in economics from Nova School of Business and Economics, complemented by executive programmes at IMD Business School and Kellogg School of Management.

Hanne Digre and Antonio Serrano were reelected to the board of directors.

Following today's annual general meeting, Andfjord Salmon's board of directors consists of Roger Brynjulf Mosand (chair), Knut Roar Holmøy, Roy Bernt Pettersen, Paul Allan Jewer, Bettina Flatland, Madalena Mena, Hanne Digre, and Antonio Serrano.

The annual general meeting of Andfjord Salmon AS was held at the Company's offices at Kvalnes, Andøya, at 12:00 CEST on 30 April 2026. The minutes from the Annual General Meeting are enclosed to this announcement and will be made available on the company's website. All items on the agenda were approved as proposed.

CONTACTS

* Investors: Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345, bjarne.martinsen@andfjord.no * Media: Martin Rasmussen, CEO, Andfjord Salmon Group AS, +47 975 08 665, martin@andfjord.no

ABOUT ANDFJORD SALMON

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world's most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon. For more information, see www.andfjordsalmon.com - http://www.andfjordsalmon.com

ATTACHMENTS

Andfjord Salmon - AGM minutes 2026.pdf - https://kommunikasjon.ntb.no/ir-files/17847566/18885562/8750/Andfjord%20Salmon%2 0-%20AGM%20minutes%202026.pdf

Andfjord Salmon AGM represented.pdf - https://kommunikasjon.ntb.no/ir-files/17847566/18885562/8751/Andfjord%20Salmon%2 0AGM%20represented.pdf