Averøy, Norway, 03 January 2023 

Nordic Halibut AS ("NOHAL" or "the Company") has reached a milestone in the
Company's ambition to offer sustainable superfood with the certification
according to the Global G.A.P. Aquaculture Standard now secured.

The standard covers the entire production value chain from broodstock and
juveniles to farming and harvesting. The audit, performed by Kolos Aqua, assured
the Company's compliance with strict criterions for food safety, animal health
and welfare, environmental sustainability and biodiversity, workers' well-being,
production processes, legal compliance, and traceability.

NOHAL also underwent the Global G.A.P. Risk Assessment on Social Practice
(GRASP), a part of the certification process applied to assess social risks in
primary production and to provide additional transparency to supply chain
partners.

- We are very pleased to have obtained this certification. It demonstrates our
commitment and operational focus on sustainable halibut farming. The
certification ensures that the Company's production meets all international
requirements for food safety, sustainability and welfare for both fish and
employees throughout the value chain, says CEO Edvard Henden.

Henden adds that the certification reflects NOHAL's ambition to produce
sustainable, healthy protein in an industrial scale. NOHAL will be a sustainable
producer contributing to a blue future with product quality and fish welfare as
key part of the Company's ambition to produce 4.500 tonnes HOG within 2026 and
9.000 tonnes HOG within 2030.


For more information, please contact: 
CEO Edvard Henden, edvard@nordichalibut.no, +47 911 41 165, or 
CFO Kenneth Meyer, kenneth.meyer@nordichalibut.no, +47 452 12 424


About Nordic Halibut AS: 
Nordic Halibut is a leading farmer of Atlantic halibut located in Western Norway
and with headquarters in Averøy, Nordmøre. The Company has a fully integrated
and well-developed value chain from genetics to sales and has had a significant
breakthrough in early phase production. A growth plan to expand production
volumes is implemented with production target of 4.500 tonnes HOG within 2026
and 9.000 tonnes HOG within 2030. Nordic Halibut will create shareholder value
by pursuing value accretive organic growth through increased production.

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