Grieg Seafood ASA: H1 2026 results

(Figures for H1 2025 in brackets)

• Harvest volume of 13,788 tonnes (16,269 tonnes)

• Operational EBIT/kg of NOK 0.6 for the first half year of 2026 from the Farming segment and NOK 1.1 from the Sales and VAP segment

• Continued strong freshwater production in Rogaland, with average smolt size towards 1.3 kg in the first half year of 2026

• Challenging seawater production during the period

• Entered second half of 2026 with close to maximum MAB capacity following recovery from a challenging period

• The VAP facility at Gardermoen commenced production in early January 2026. Ramp-up going into final stages, focusing on optimization

• 50% of the feed price increase going into Q3 2026 absorbed through targeted optimization initiatives, including introduction of land-based proteins

• The initial Hybrid Bond was refinanced through a structured process which secured a new and improved finance structure with lower overall cost of capital 2026

Results presentation
CEO Nina Willumsen Grieg and CFO Magnus Johannesen will present the results live at Grieg Gaarden, C. Sundts gate 17,
Bergen today at 8:00 a.m. CEST.
A live webcast from the presentation can be accessed at www.investor.griegseafood.com or with the following link:https://qcnl.tv/p/rqCBA4CUGlkV6JfMU-xMvQ

For further inquiries, please contact:
Nina Willumsen Grieg, CEO
Cell phone: +47 953 39 161
E-mail: nina.grieg@griegsefood.com

Magnus Johannesen, CFO
Cell phone: +47 959 13 243
E-mail: magnus.johannesen@griegseafood.com

The information included in this announcement may be qualified as inside information pursuant to article 7 of the Market Abuse Regulation and is publicly disclosed in accordance with article 17 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers. Our farms are located in Rogaland in Norway with our headquarters in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007.
Sustainable farming practices are the foundation of Grieg Seafood's operations. The lowest possible environmental impact and the best possible fish welfare are both ethical responsibilities and drivers of economic profitability.

To learn more, please visit www.griegseafood.com.

The stock exchange announcement was published by May Hansen, Executive assistant, Grieg Seafood ASA, on 27 August 2026 at 6:00 a.m. CEST.