The board of directors (the "Board") of Ice Fish Farm AS (the "Company") has decided to appoint Roy Tore Rikardsen as new CEO of the Company. Rikardsen has extensive operational and management experience from the salmon farming industry. He has worked within the industry for 20+ years and has firsthand knowledge about salmon farming operations in cold waters from North of Norway and Canada.

The Company's current CEO, Guðmundur Gíslason, will continue as CEO until this date and then transition to his new role within the Group, as also stated in the Company's stock exchange notice on 10 September 2023. The Board extends its gratitude to Guðmundur for his invaluable contribution by leading and developing the Company since its inception.