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Regulatory press release

FIFAX Plc – Managers' transactions – Helmet Capital Oy

Fifax

March 16, 2023, 11:30 AM

FIFAX Plc Company release 16 March 2023 at 11.30 A.M. EET - Managers' transactions

FIFAX Abp - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Helmet Capital Oy

Position: Closely associated person

(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer

Name: Robin Blomqvist

Position: Member of the Board

Issuer: FIFAX Abp

LEI: 7437009ZZFE4R6ACKF36

Notification type: INITIAL NOTIFICATION

Reference number: 27146/5/4

____________________________________________

Transaction date: 2023-03-14

Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME)

Instrument type: FINANCIAL INSTRUMENT LINKED TO A SHARE OR A DEBT INSTRUMENT

ISIN: FI4000549092

Nature of transaction: DISPOSAL

Transaction details

(1): Volume: 546294 Unit price: 0.00224 EUR

Aggregated transactions (1):

Volume: 546294 Volume weighted average price: 0.00224 EUR

For more information:

Samppa Ruohtula

CEO, FIFAX Plc

+358 40 559 8812

samppa.ruohtula@fifax.ax

Certified Advisor:

Aktia Alexander Corporate Finance Oy

+358 50 520 4098

Fifax in brief

Fifax’s vision is to be a forerunner in large-scale sustainable fish farming with a minimal impact on the environment, so that locally and sustainably produced fish can be enjoyed by its customers all year round.

Established in 2012, Fifax utilizes ultra-intensive Recirculating Aquaculture Systems (RAS) technology based on the principle of an almost completely closed water circulation within the facility, where the fish live in large land-based indoor tanks. Indoor tanks better safeguard against external factors, and the environmental impact and pollution from the facility is significantly lower when compared to traditional fish farming in water bodies.

FIFAX Plc’s shares have been listed in Nasdaq First North Growth Market Finland.

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