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Regulatory press release

Gigante Salmon AS: Share capital increase registered

Gigante Salmon
Bodø, 27 March 2026: 

Reference is made to the stock exchange notice by Gigante Salmon AS (the
"Company") published on 18 March 2026 regarding the final results of a
subsequent offering (the "Subsequent Offering") of 5,333,333 new shares in the
Company (the "Offer Shares") raising gross proceeds of approx. NOK 40 million.

The share capital increase related to the Subsequent Offering has been
registered with the Norwegian Register of Business Enterprises. The Company's
new registered share capital is NOK 224 596 927 divided into 224 596 927 shares,
each with a nominal value of NOK 1 and carrying one vote in the Company's
general meeting.

This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo and section
5-12 of the Norwegian Securities Trading Act.

For more information, please contact:

Kjell Lorentsen, CEO
Phone: +47 911 22 688
E-mail: kjell@gigante.no

Benny Hansen, CFO
Phone: +47 907 80 292
E-mail: benny@gigantesalmon.no


Gigante Salmon AS:
Gigante Salmon AS is a land-based salmon farming company that is building its
first facility on Lille Indre Rosøy in Rødøy municipality. The Company's
aquaculture concept is a flow-through system that preserves the advantages from
both conventional sea-based and land-based aquaculture, while simultaneously
reducing and eliminating the challenges associated with traditional farming at
sea. Visit www.gigantesalmon.no for more information about the company.
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