Grieg Seafood ASA

Q1 2021 trading update

Grieg Seafood’s total harvest volume for the first quarter 2021 were approximately 13 600 tonnes GWT. This excludes volumes from the Shetland operations which are classified as held for sale according to IFRS 5.

Harvest volume (tonnes GWT) by region for Q1 2021:
Rogaland: 5 300
Finnmark: 7 400
British Columbia: 900

Average regional farming costs (NOK/kg) for Q1 2021 were approximately:
Rogaland: NOK 42.5
Finnmark: NOK 46.9
British Columbia: CAD 8.9

The complete Q1 2021 report will be released Wednesday 12 May 2021 at 06:00 CEST.

For further enquiries, please contact:
Andreas Kvame, CEO
Cell phone: [phone]

Atle Harald Sandtorv, CFO
Cell phone [phone]

About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers, targeting 130 000 tonnes of harvest (GWT) in 2025. Our farms are in Finnmark and Rogaland in Norway, British Columbia and Newfoundland in Canada, and Shetland in the UK. Our headquarter is located in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007. More than 900 people work in the Company throughout our regions.

Sustainable farming practices are the foundation of Grieg Seafood’s operations. The lowest possible environmental impact and the best possible fish welfare is both and ethical responsibility and drive economic profitability. Towards 2025, we aim for global growth, cost improvements and to evolve from a pure salmon supplier to an innovation partner for selected customers.

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

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.