KALDVÍK AS (KLDVK): Waiver from lenders

Frøya, 1 October 2026 – Kaldvik AS (“Kaldvik” or the “Company”) has entered into a waiver agreement with its lenders in relation to the Company’s financing facilities.

Reference is made to the Company’s stock exchange notices published on 6 and 15 September 2026 regarding the jellyfish event in Reyðarfjörður. The jellyfish event has negatively affected the Company’s biological production and financial position. As at 30 September 2026, the Company was not in compliance with the minimum liquidity covenant and the requirement to adjust the available amount under its revolving credit facility. The lenders have agreed to waive these requirements until and including 25 October 2026.

The waiver is subject to certain conditions, including ongoing reporting by the Company to the lenders regarding biological developments and the resulting financial position.

The Company and its lenders will continue the dialogue regarding a financial plan for the period following the expiry of the waiver.

For further information, please contact:
Vidar Aspehaug, CEO
+47 913 05 017

Þórunn Ragnarsdóttir, CFO
+354 822 7649

This information contains inside information and is disclosed pursuant to Article 17 of the EU Market Abuse Regulation (MAR), as incorporated into Icelandic law by Act No. 60/2021 on Measures Against Market Abuse, and section 5-12 of the Norwegian Securities Trading Act. The information was disclosed by Jón Kristinn Sverrisson, Compliance Officer, on the date and at the time indicated above.

About Kaldvík AS
Kaldvík is the leading salmon farmer in Iceland. Kaldvík has a well-developed and fully integrated value chain, enabling the Group to provide its customers with a sustainable premium product. Kaldvík is dual-listed on Euronext Growth Oslo and Nasdaq First North Growth Market Iceland. See www.kaldvik.is for more information about the Company.