Frøya, 21 June 2023, Reference is made to the stock exchange notices published
by Ice Fish Farm AS (the "Company") on 26 May 2023 regarding the subsequent
offering of up to 1,810,536 new shares in the Company (the "Subsequent
Offering").

The share capital increase resulting from the Subsequent Offering have now been
registered with the Norwegian Register of Business Enterprises. Following the
registration, the Company's share capital is NOK 12,226,124.90 divided into
122,261,249 shares each with a nominal value of NOK 0.10.

This information is subject to the disclosure requirements in section 5-12 of
the Norwegian Securities Trading Act.

For further information, please contact:

Guðmundur Gíslason, CEO +354 89 60 426

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© Oslo Bors ASA, source Oslo Stock Exchange