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KING: The Kingfish Company Announces Extension of CEO Vincent Erenst's Tenure and CFO Jean-Charles Valette's Intention to Step Down

KINGRegulatory press release03.11.2026 klo 09.00
Read the release
Kats, the Netherlands - November 3, 2026 - The Kingfish Company N.V. (Euronext:
KING) (the "Company") today announces that Vincent Erenst has agreed to extend
his tenure as Chief Executive Officer, at the request of the Supervisory Board.
Separately and unrelated, Jean-Charles Valette has informed the Supervisory
Board of his intention to step down from his position as Chief Financial Officer
and member of the Management Board. To assist with a smooth transition,
Jean-Charles intends to continue as Chief Financial Officer through the end of
January 2027.

Vincent Erenst to Continue as Chief Executive Officer

The Kingfish Company continues to make progress in executing its strategy and
developing the business. The extension of Mr. Erenst's tenure will support
continuity in the Company's leadership and provide a stable basis for the
Company to pursue its strategic, commercial and operational priorities.

"I am pleased to continue leading The Kingfish Company and appreciate the trust
from the Supervisory Board. The Company has made important progress, and I look
forward to working with our great customers and team and developing the Company
further. We believe we are well positioned to execute our ambitious growth
strategy and create shareholder value," commented Vincent Erenst.

Jean-Charles Valette Intends to Step Down as Chief Financial Officer

Separately, Jean-Charles Valette has informed the Supervisory Board of his
intention to step down from his position as Chief Financial Officer and member
of the Management Board. The Supervisory Board has initiated the process of
identifying and appointing a new Chief Financial Officer. Mr. Valette intends to
continue in his role until 31 January 2027 and remains fully committed to
ensuring a smooth and orderly transition of his responsibilities.

Mr. Valette joined The Kingfish Company in 2022 and has played an important role
in the Company's development as it transitioned from a start-up into a growth
and scale-up business. During his tenure, the Company expanded its operations,
strengthened its organization, and achieved several important financing
milestones. Most recently, he played an instrumental role in the successful
strategic financial restructuring and strengthening of the Company's balance
sheet. The Supervisory Board thanks Mr. Valette for his contribution to the
Company.

Vincent Erenst, Chief Executive Officer of The Kingfish Company, commented:
"Jean-Charles has played an important role in building and professionalizing the
organization, strengthening the Company's financial foundations and supporting
the business through a period of significant growth and change. I would like to
thank him for his commitment and valuable contribution to The Kingfish Company,
and wish him every success in the future."

Jean-Charles Valette commented:
"After four intense and rewarding years with The Kingfish Company, I believe
this is the right time for me to move on to a new chapter. I am proud of what we
have built and achieved together, and it has been a privilege to contribute to
the development of the business. Following the recent strengthening of the
Company's financial position, I believe The Kingfish Company is well positioned
for its next phase of growth and value creation. I would like to thank my
colleagues, Vincent Erenst and the Supervisory Board for their collaboration and
support over the past four years."

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. The information was
submitted for publication by CFO Jean-Charles Valette at the date and time set
out herein, on behalf of the Company.


For media and investor inquiries, please contact
press@the-kingfish-company.com
ir@the-kingfish-company.com

About The Kingfish Company

The Kingfish Company is a pioneer and leader in sustainable land-based
aquaculture, specializing in the production of high-quality yellowtail kingfish.
The Company operates its flagship facility, Kingfish Zeeland, in the
Netherlands.
Production is based on advanced recirculating aquaculture systems (RAS) that
ensure biosecurity and environmental control. Animal welfare is paramount, and
the fish are grown without antibiotics or vaccines. All operations run on 100%
renewable electricity and use seawater to conserve freshwater resources.
The Company's main product, the Yellowtail Kingfish (also known as ricciola,
hiramasa, or greater amberjack), is a versatile premium species highly valued in
Italian and Asian-fusion cuisines. Its products are certified as sustainable and
environmentally responsible by the Aquaculture Stewardship Council (ASC), Best
Aquaculture Practices (BAP), GLOBALG.A.P., and Friend of the Sea.
the Aquaculture Stewardship Council (ASC)\, Best\
Aquaculture Practices (BAP)\, GLOBALG.A.P.\, and Friend of the Sea.\