Frøya,18 February 2024 The board of directors (the "Board") ofIce Fish Farm AS (the "Company") has today decided to appointRoy 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 ofNorway andCanada . "We are looking forward to further develop the Company and the industry inIceland withRoy Tore as a part of our team. Icelandic salmon farming is still in an entrepreneurial phase and key to success is excellent operations based on good animal welfare and safety for environment as well as for our dedicated employees.Roy Tore has extensive experience from all parts of the value chain and will contribute to further developing our strong team on operations. He will be based on the east coast ofIceland ", saysAsle Rønning , chair of the Company. "Ice Fish Farm is part of a sustainable industry producing healthy food for a growing global population. I am looking forward to being a part of the dedicated ICE team. Together we will strive to further develop the Company and give our contribution to new competitive jobs inIceland as well as development of local societies where we have our operations", saysRoy Tore 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 on10 September 2023 . The Board extends its gratitude to Guðmundur for his invaluable contribution by leading and developing the Company since its inception. This information is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. For further information, please contact: Guðmundur Gíslason, CEO +354 89 60 426 AboutIce Fish Farm Ice Fish Farm is one of the leading salmon farmers inIceland and one of few salmon farmers in the world with the highly sought after AquaGAP certification which ensures environmentally-friendly production.Ice Fish Farm has a well-developed and fully integrated value-chain controlling all steps from hatchery to sales, enabling the group to provide its customer with a sustainable premium product.Ice Fish Farm is headquartered inIceland .
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