Today, Arctic Sea Farm a 100% owned subsidiary of Arctic Fish Holding AS,
received a license for 8,000 tonnes in Isafjardardjup. 
Reference is made to the applications of salmon licenses for up to 8,000 tonnes
maximum allowed biomass (MAB) in Isafjardardjup in the Westfjords of Iceland, as
disclosed in the Company's market update from 5th of June 2023. 5,200 tonnes are
licenses for fertile salmon with the remaining 2,800 tonnes being trout. This
replaces an existing license held for 5,300 tonnes of trout. The total MAB
capacity for Arctic Fish is now 29,800 tonnes, whereof 27,000 tonnes are for
fertile salmon with licences located in five different farming areas. 

For more information contact CEO: Stein Ove Tveiten,
sot@afish.is, +354 843 9900

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