Slide 1: Q2 2026 Presentation
Q2 2026 Presentation August 18, 2026
Slide 2: Disclaimer
Disclaimer Q2 Presentation 2026 Cautionary note regarding forward-looking statements This presentation is the managements summary of the 2nd By their nature, forward-looking statements involve, and quarter of 2026, it includes forward-looking statements that are subject to, known and unknown risks,
Slide 3: Arctic Fish in brief
Arctic Fish in brief Q2 Presentation 2026 Arctic Fish (AFISH), listed at Euronext Growth The company's value chain consists of a state-of-the-art RAS market in Oslo, is a leading salmon farmer in hatching and smolt production facility, attractive sea sites with Iceland with an attractive and sustain
Slide 4: Highlights Q2 2026
Highlights Q2 2026 Q2 Presentation 2026 Harvested Volumes Revenue HOG Tonnes (‘000 EUR) Strong harvest volumes Quarterly harvest volumes reached 5,595 tonnes, compared with 11,624 2,020 tonnes in Q2 2025 (Δ 177% YoY). 71,123 YTD harvest volumes amounted to 11,624 tonnes, compared with 5,161 tonnes i
Slide 5: Financials
Q2 Presentation 2026 Financials
Slide 6: Profit & Loss
Q2 Presentation 2026 Profit & Loss 32.5 MEUR revenues in the quarter, compared (EUR ‘000) Q2 2026 Q2 2025 YTD Q2 2026 YTD Q2 2025 2025 with 12.7 MEUR in Q2 2025 (Δ 158% YoY). The increase was mainly volume-driven, as Operational revenue and other income 32,476 12,599 71,123 34,655 89,336 significant
Slide 7: Financial Position
Q2 Presentation 2026 Financial Position (EUR ‘000) 30.06.2026 31.03.2026 30.06.2025 31.12.2025 Non-current assets 147,313 144,380 141,615 140,889 Total assets of 243.8 MEUR, a decrease of 8.4 MEUR from Q1 Current assets 96,460 107,829 104,838 134,510 2026. Mainly due to a decrease of biological asse
Slide 8: Cash flow & Net interest-Bearing Debt
Cash flow & Net interest-Bearing Debt Q2 Presentation 2026 (EUR ‘000) Q2 2026 Q2 2025 YTD Q2 2026 YTD Q2 2025 2025 NIBD Development (‘000 EUR) NIBD beginning of period* -141,441 -131,142 -140,129 -132,650 -132,650 Opening Increase Decrease Closing Operational EBITDA* -670 -2,084 3,751 652 -785 NIBD
Slide 9: Capital Expenditures
Capital Expenditures Q2 Presentation 2026 Capital Expenditures have been focused on three main pillars throughout the value chain CAPEX in 2026 is estimated at 13 MEUR and will mainly be focused on seawater operations Smolt Production Seawater Operations Primary Processing Capital expenditure develo
Slide 10: Volume Guidance
Volume Guidance Q2 Presentation 2026 Harvested volumes in 2025 amounted to 14.8 thousand tonnes Guidance for 2026 is 18.0 thousand tonnes, and was 39% higher than last year, and is a record-high for the which is an 22% increase year over year company on an annual basis Harvested volumes Harvested qu
Slide 11: Appendix
Q2 Presentation 2026 Appendix
Slide 12: License Portfolio
Q2 Presentation 2026 License Portfolio Licenses by Fjord Ísaf jarðardjúp 8,000 Önundarf jörður 200 Dýraf jörður The license portfolio for the company is 29,800 tonnes MAB (Maximum Allowed Pending Trout Licenses Biomass) and includes licenses covering 10,000 10 farming areas in 5 different fjords, al
Slide 13: Thank you
Thank you Q2 2026 Presentation