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Q3 2025 13.11.2025 1 Q3 PRESENT A TION 2025
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13.11.2025 Grieg Seafood ASA - Q3 2025 2 Disclaimer This presentation (the “Presentation”) has been produced by Grieg Seafood ASA (“GSF”) exclusively for information purposes and may not be copied, distributed, further disseminated or relied upon for any purpose by any person without our prior written consent. This Presentation contains forward-looking statements regarding growth initiatives, outlook, strategy, objectives, beliefs and expectations of GSF and its subsidiaries (the “GSF Group”) and the markets in which the GSF Group operates. Forward-looking statements include all statements that are not historical facts, and may be identified by words such as “anticipates”, “believes”, “expects”, “intends”, “plans”, “projects”, “seeks”, “should”, “will” or “may”, or the negatives of these terms or similar expressions. These forward-looking statements are based on GSF’s present plans, estimates, projections and expectations. They are based on certain expectations, which, even though they seem to be adequate at present, may turn out to be incorrect. Actual results and developments could differ materially from the forward-looking statements set out in the Presentation. None of GSF, any of its subsidiaries or any such person’s officers, employees or advisers provides any assurance that the assumptions underlying such forward-looking statements are free from errors, or accepts any responsibility for the future accuracy of the opinions expressed in this Presentation or the actual occurrence of the forecasted developments. This Presentation speaksas of the date noted below (except as stated otherwise), and none of GSF, any of its subsidiaries or any such person’s officers, employees or advisers assumes any obligation to update any of the information contained herein or to correct any inaccuracies which may become apparent. No representation, warranty or guarantee (express or implied) is made as to the accuracy, completeness, or reasonableness, and no reliance should be placed on, the information including, without limitation, projections, estimates, targets and opinions, contained herein or any other written or oral communication transmitted or made to any person in connection with the information, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and, accordingly, none of GSF, any of its subsidiaries or any such person’s officers, employees or advisers accepts any liability whatsoever arising directly or indirectly from the use of this Presentation. By attending or receiving this Presentation, the recipient acknowledges that it will be solely responsible for its own assessment of the market and the market position of the GSF Group, and that it will conduct its own investigations and analysis and be solely responsible for forming its own view of the potential future performance of the businesses of the GSF Group. This Presentation must be read in conjunction with the recent financial information and the disclosures therein and does not purport to contain all of the information that may be required or relevant to a recipient’s valuation of GSF. Nothing in this Presentation, nor any other information provided to the recipient by GSF, any of its subsidiaries or any such person’s officers, employees or advisers constitutes, or may be relied upon as constituting, investment advice or any financial, tax or legal advice by such persons or anybody else. By attending or receiving this Presentation, recipients hereof agree to be bound by the foregoing limitations. Any matter, claim or dispute arising out of in connection with this Presentation (whether contractual or non-contractual) shall be governed by Norwegian law and the recipients agree thatthese shall be finally settled by arbitration in Oslo in accordance with the Norwegian Arbitration Act of 14 May 2004 no. 25.
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Grieg Seafood ASA - Q3 202513.11.2025 3 Agenda • HIGHLIGHTS • STRATEGIC CHANGE • OPERATIONAL REVIEW • FINANCIAL REVIEW • FUTURE BUILDING BLOCKS • APPENDIX
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Grieg Seafood ASA - Q3 2025 413.11.2025 HARVEST VOLUME ROGALAND (TONNES GWT) SALES REVENUES ROGALAND (NOK MILLION) OPERATIONAL EBIT/KG ROGALAND (NOK) Highlights • Norwegian and US competition authorities have approved the divestment of GSF’s operations in Finnmark and Canada. Process with Canadian authorities is progressing. Expectation to close the transaction during Q4 • Harvest volume of 6,820 tonnes (8,543 tonnes) • Rogaland achieved an Operational EBIT/kg of NOK 3.2 for the quarter • Strong freshwater production in Rogaland, with increasingly larger smolt being put to sea from Tytlandsvik and Årdal Aqua • Entered Q4 2025 with close to maximum MAB, despite challenging seawater production i Q3 2025 following high seawater temperatures • New operating model adapted to revised size and structure of Grieg Seafood, including a ~55% reduction in HQ FTEs. Focus on cost reduction going forward
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Grieg Seafood ASA - Q3 202513.11.2025 5 FROM… Achieved to date (selected examples) TO… Focus on global growth and greenfield projects in Canada, aiming for >130 Kt New operating model implemented, ensuring regional teams are set-up for success in their ongoing operational project and ASA is adapted to new size and complexity with key objective ensuring Rogaland can focus on their farming Regional focus and profitable growth, aiming at maximizing financial results Four regions with large CAPEX projects, and underutilized potential One region in one production area (P02), with focused efforts in western Norway Growth triumphing profitability in short-medium term, potential long-term upside Sustainable and profitable operations in core of all strategic decision making Large HQ scaled for future global growth, with centralized support in core operational areas Regional located operational excellence, with HQ support in non-operational areas CAPEX for FY2025 reduced with 50 million, and 60 million moved to February 2026 (share issue in Årdal Aqua) Cost reduction initiatives put in place, focusing on consulting cost and vendor cost across various functions and departments Reduction of staff FTEs at HQ completed, resulting in ~55% reduction in shared service functions Grieg seafood is moving in a new direction
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Grieg Seafood ASA - Q3 202513.11.2025 6 OPERATIONAL REVIEW
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13.11.2025 Grieg Seafood ASA - Q3 2025 7 Strong freshwater performance during the quarter • 3.0 million smolt released with an average input weight of 890 grams • All freshwater facilities, incl. jointly-owned, have had good production during the quarter Post-smolt proofing important when managing challenging biological conditions • Following a strong H1 2025, we experienced a challenging start of H2 • Post-smolt strategy enabled early harvest from pens showing decreased survival rates following sea lice pressure and gill issues – important measure for long term risk management • Actions taken to ensure continued high utilization of MAB going into Q4 2025 and 2026 • 12-month rolling survival rate remain stable at 92% • Superior share increased from 89% in Q3 2024 to 93% in Q3 2025 Farming cost at NOK 70.4/kg, long-term target of NOK 60/kg remains • Farming cost increased Q-O-Q due to advanced harvest with low average harvest weights and write-down of biomass in sea related to high seawater temperatures and gill disease GSF Rogaland Quarterly performance Regional outlook NOK million Q3 2025 Q2 2025 Q3 2024 YTD 2025 YTD 2024 Harvest volume (tonnes GWT) 6,820 8,850 8,543 23,090 20,740 Revenues 501.7 662.1 605.3 1,829.7 1,812.5 Operational EBIT 21.7 145.9 75.2 428.0 501.3 Revenue/kg (NOK) 73.6 74.8 70.8 79.2 87.4 Farming cost/kg (NOK) 70.4 58.3 62.0 60.7 63.2 Operational EBIT/kg (NOK) 3.2 16.5 8.8 18.5 24.2 Farming cost is expected to decrease in Q4, but still higher than our long-term target of NOK 60/kg Estimated Q4 2025 harvest: 6,900 tonnes Estimated FY 2025 harvest: 30,000 tonnes
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Grieg Seafood ASA - Q3 202513.11.2025 8 Freshwater production continues to be a priority going forward, focusing on maintaining steadily improving post-smolt performance Our post-smolt is gradually increasing in average size with noticeable economies of scale... Benefits assumed from post-smolt remains robust... Post-smolt are now mostly larger, with very few small smolt; >50% is above 1.0 kg… 58% 61% 50% 63% 36% 8% 33% 9% 11% 10% 23% 28% 7% 21% 27% 13% 13% 10% 9% 7% 13% 22% 31% 5% 5% 11% 12% 2% 2020 2021 2022 2023 2024 2025 1500+ 1250-1499 1000-1249 750-999 500-749 0-499 % of smolt released to sea across different size ranges in grams average weights, shows significant shift in distribution towards larger fish 0 1.000 2.000 500 1.500 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Tytlandsvik Årdal Aqua Average size of smolt put to sea in partnership facilities Tytlandsvik and Årdal Aqua. Årdal Aqua expected to increase fish size significantly as we in Q4 have >2.6 kg in one batch and >1.4 in most batches Fixed cost scaling Lower variable costs Achieved pricesOperational and economic benefits More robust fish and improved survival rate Less time in the sea per fish generation Increased utilization of MAB and of the best farming sites Less sea lice and other treatments Improved fish quality and superior rate Larger harvest volume Increased weight at harvest Grieg Seafood is now experiencing significant benefits from post-smolt, and it is changing how we plan, harvest and optimize as size of smolt increases
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Grieg Seafood ASA - Q3 202513.11.2025 9 Grieg Seafood will retain an internal sales team to enhance our downstream operations and keep improving pricing strategies Grieg Seafood outperforms SISALMON index Quarter-over-Quarter last five quarters… Strong collaboration between farming and sales have improved harvest timing and size profiling… Optimizing value from raw material through expanded options for processing… 55 60 65 70 75 80 85 90 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 GSFR Achieved Price, NOK/KG Weighted SISALMON Index FCA South, NOK/KG 65 63 62 57 52 55 58 58 60 65 71 73 77 W27 W29 W31 W33 W35 W37 W39 SISALMON distributed volume GSFR Harvest SISALMON Price achieved is for all volume and all qualities outperforms price benchmark last five quarters Harvest timing strategy successfully deployed through strategic price optimalization, with two-week biomass build up in W38 and W39 • 10,000 tonnes HOG capacity + 10,000 add-on potential with 8,500 tonnes in first-year production, utilizing both internal and external HOG. Ongoing discussions with production partners to fill remaining volume • Q4 – final construction phase Construction moving forward in accordance with plan and is expected to be finalized in December • January – production initiated Organization, management and systems in place with training ongoing
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Grieg Seafood ASA - Q3 202513.11.2025 10 FINANCIAL REVIEW
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13.11.2025 Grieg Seafood ASA - Q3 2025 11 Sales revenues negatively impacted by lower prices and lower average weights. Realized price of NOK 73.6 per kg, up 4% year-over-year • Lower market prices offset by higher share of superior-quality fish and fixed price contracts. Farming cost in the quarter of NOK 70.4 per kg, up NOK 12.1 per kg from Q2 2025 • Driven by advanced harvest with low average harvest weights and write-down of biomass in pens affected by challenging biology Operational EBIT of NOK -1 million (NOK -0.2 per kg) • Heavily influenced by transitional cost tied to restructuring Preliminary tax estimate • Deferred tax asset reversed due to intra-group loans no longer in expected loss position Profit & loss (NOK million) Q3 2025 Q3 2024 YTD 2025 YTD 2024 Harvest volume tonnes GWT 6,820 8,543 23,090 20,740 Sales revenues 754.4 856.5 2,696.3 2,465.1 Operational EBIT* -1.2 39.2 289.9 407.4 Production fee -6.6 -10.0 -23.2 -21.1 Fair value adjustments of biological assets 77.1 -63.0 -187.8 -251.3 EBIT 69.4 -33.7 78.9 135.0 Net financial items -64.7 -141.9 -273.4 -257.2 Profit before tax 4.7 -175.6 -194.6 -122.2 Estimated taxation -348.3 15.0 -243.2 -134.8 Net profit for the period from continued operations -343.6 -160.6 -437.8 -257.0 Net profit for the period from discontinued operations 59.5 129.7 -486.9 -805.4 Net profit for the period -284.2 -30.9 -924.7 -1,062.4 Profit & loss *See Alternative Performance Measures for definition.
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13.11.2025 Grieg Seafood ASA - Q3 2025 12 Cash flow *See definition in Alternative Performance Measures in the Q3 2025 Quarterly report △ -136 Net cash flow from operations NOK -304 million • Operational EBITDA* from all operations (incl. discontinued) of NOK 101 million (NOK -8 million in Q3 2024) • Changes in working capital of NOK -292 million, incl. change in biomass of NOK 387 million Net cash flow from investment activities NOK -168 million • Capex investments of NOK 170 million, mainly related to continued commitment in Finnmark's post-smolt facility Net cash flow from financing NOK 340 million • Net changes in interest-bearing debt ex. leasing amounts to NOK 559 million ◦ NOK 600 million net drawdown on the RCF • Residual items include repayment of lease liabilities of NOK 92 million and net interests of NOK 73 million Net change in cash and cash equivalents from discontinued operations NOK -437 million
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13.11.2025 Grieg Seafood ASA - Q3 2025 13 Net interest-bearing debt △ 717 *See Alternative Performance Measures for definition. Capital structure (NOK million) 30.09.2025 Green bond loan — Term loan 2,363 Revolving credit facility 1,888 Lease liabilities (incl IFRS 16) 254 Gross interest bearing liabilities 4,504 Cash and loans to associates -32 NIBD incl IFRS 16 4,473 Lease liabilities (IFRS 16) -74 NIBD excl IFRS 16 4,399 Cash and cash equivalents (continued operations) 24 Cash and cash equivalents (discontinued operations) 93 Undrawn credit facilities 312 Free liquidity 430 NOK 2,000 million revolving credit facility, NOK 200 million overdraft facility (undrawn NOK 312 million). 3M NIBOR + margin depending on sustainability-related KPI's. Increase in NIBD of NOK 717 million, where NOK 392 million is directly attributed to continued financing of divested regions until closing • Transaction follows locked-box principles and post-locked-box items will be managed in closing settlement • Bridge financing of NOK 250 million initiated in Q3 and obtained in Q4 to ensure sufficient liquidity position to cover additional financing needs in divested regions up until closing. The transaction follows locked-box and hence, is not carried by GSF in full NIBD ex. IFRS 16 classified as discontinued operations of NOK 288 million Free liquidity at 30 September 2025 of NOK 430 million incl. discontinued operations
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Grieg Seafood ASA - Q3 202513.11.2025 14 Capital allocation strategy remains firm with financial recovery on track Balance sheet reviewed and new bank syndicate in final phase... Liquidity buffer normalized for Rogaland operation… • New financial syndicate in final negotiation phase with Nordea and SEB, resulting in improved margins • Balance sheet optimization still ongoing, expected to be finalized in parallel with ongoing transaction • Financial instruments to be reviewed– Remain firm on intention to redeem Hybrid bond wither through tender offer or replacement capital. Replacement capital discussion ongoing. • Operational liquidity buffer estimated to NOK 250 million • Sufficient liquidity reduce current dependence on factoring, leading to estimated cost reduction of NOK ~20-30 million • Additional liquidity buffer to partly cover potential future legal claims yet to be decided - exploring alternatives such as guarantees 50% Long-term target equity ratio, while day-1 ratio post transaction will be lower NOK 250 million in operational liquidity buffer through new RCF NOK 4 bn dividend estimate following closing of transaction1 (1) Tentative estimates based on pro-forma financial figures for continued operations in Grieg Seafood. Subject to changes.
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13.11.2025 Grieg Seafood ASA - Q3 2025 15 FUTURE BUILDING BLOCKS
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Grieg Seafood ASA - Q3 202513.11.2025 16 Prioritize Future-proofStrengthen Strengthen Rogaland & enhance profitability Focus and prioritize initiatives in Western Norway (with Rogaland as the foundation) Position GSF for the future in Aquaculture Enhance capacity and efficiency in Rogaland through post-smolt acceleration, MAB optimization, and through adjusting GSF cost base to new scale Set a clear direction for Grieg Seafood Rogaland, focused on shareholder value creation, profitability and robust operations Build position which is future proof and robust against changing political and regulatory landscapes, levering leading technological position in Post-Smolt and maintain cost focus 1 Key strategic building blocks 2 3 Average weight of smolt put to sea (grams) Harvest volume (1,000 tonnes)Operational EBIT/kg (NOK) No input in Q1 2024
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13.11.2025 Grieg Seafood ASA - Q3 2025 17 UPCOMING FINANCIAL RESULTS 25 February 2026 Quarterly Report - Q4 2025 The Company reserves the right to make amendments to the financial calendar
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Grieg Seafood ASA - Q3 202513.11.2025 18 APPENDIX Q3 2025
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13.11.2025 Grieg Seafood ASA - Q3 2025 19 Our approach to sustainable business Our pillars HEALTHY OCEAN SUSTAINABLE FOOD PROFIT & INNOVATION PEOPLE LOCAL COMMUNITIES Topics • Fish health and welfare • Protecting wild salmon • Protecting biodiversity & marine ecosystems • Safe and healthy food • Sustainable feed ingredients • Climate action • Recycling and waste management • Plastic pollution • Profitable operations • Our market • Research, development and innovation • Responsible business conduct • Corporate governance • Human rights • Embracing diversity • Creating attractive jobs • Keeping our employees safe • Local value creation • Indigenous relationships • Dialogue and engagement SDG Alignment
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Grieg Seafood ASA - Q3 2025 2013.11.2025 Spot market price development The chart graphs weekly average prices for NQSALMON up until week 31/2024, and SISALMONI from week 32/2024.
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13.11.2025 Grieg Seafood ASA - Q3 2025 21 Profit & loss GRIEG SEAFOOD GROUP NOK 1 000 Q3 2025 Q3 2024 YTD 2025 YTD 2024 Continued operations Sales revenues 754,380 856,455 2,696,344 2,465,055 Other income 8,105 1,012 1,421 5,484 Share of profit from associates 4,763 1,130 11,622 9,816 Raw materials and consumables used -449,140 -486,936 -1,436,679 -1,257,092 Salaries and personnel expenses -43,793 -27,263 -227,728 -161,095 Other operating expenses -246,406 -275,229 -668,222 -568,738 Depreciation property, plant and equipment -28,752 -30,565 -85,448 -85,460 Amortization licenses and other intangible assets -336 640 -1,440 -571 Production fee -6,564 -10,035 -23,230 -21,087 Fair value adjustment of biological assets 77,127 -62,952 -187,772 -251,320 EBIT (Earnings before interest and taxes) 69,383 -33,743 78,867 134,992 Net financial items -64,733 -141,854 -273,448 -257,220 Profit before tax 4,650 -175,598 -194,581 -122,228 Estimated taxation -348,300 15,033 -243,230 -134,822 Net profit for the period from continued operations -343,650 -160,564 -437,811 -257,050 Discontinued operations Net profit for the period from discontinued operations 59,455 129,651 -486,926 -805,353 Net profit for the period -284,195 -30,913 -924,737 -1,062,403 Profit or loss for the period attributable to Owners of Grieg Seafood ASA -284,195 -30,913 -924,737 -1,062,403
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13.11.2025 Grieg Seafood ASA - Q3 2025 22 GRIEG SEAFOOD GROUP NOK 1 000 Q3 2025 Q3 2024 YTD 2025 YTD 2024 Net profit for the period -284,195 -30,913 -924,737 -1,062,403 Net other comprehensive income to be reclassified to profit/loss in subsequent periods Currency effect on investment in subsidiaries 54,819 2,112 206,027 15,014 Currency effect on loans to subsidiaries *) -148,707 400 -443,812 7,067 Tax effect 32,715 -88 97,639 -1,555 Other comprehensive income for the period, net of tax -61,172 2,424 -140,147 20,526 Total comprehensive income for the period -345,367 -28,489 -1,064,883 -1,041,876 Allocated to Owners of Grieg Seafood ASA -345,367 -28,489 -1,064,883 -1,041,876 Comprehensive income *) From 1 of January 2025 the internal loan to Newfoundland Ltd Group is defined as net investment. The currency effect is recognized in other comprehensive income.
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13.11.2025 Grieg Seafood ASA - Q3 2025 23 GRIEG SEAFOOD GROUP NOK 1 000 30.09.2025 30.09.2024 31.12.2024 Continued operations Goodwill 20,463 735,954 20,463 Licenses 206,393 1,486,682 1,152,173 Other intangible assets 4,980 12,324 10,119 Property, plant and equipment incl. right-of-use assets 916,621 5,755,117 5,399,240 Indemnification assets 40,000 40,000 40,000 Investments in associates 220,273 208,094 244,429 Other non-current receivables 7,665 36,734 37,439 Total non-current assets continued operations 1,416,394 8,274,906 6,903,862 Inventories 128,182 260,356 219,348 Biological assets excl. the fair value adjustment 1,083,790 4,138,313 4,202,008 Fair value adjustment of biological assets 162,207 516,531 800,981 Trade receivables 139,372 110,036 285,603 Other current receivables, derivatives and financial instruments 169,802 360,251 339,959 Cash and cash equivalents 24,277 155,107 202,979 Total current assets continued operations 1,707,630 5,540,594 6,050,878 Assets held for sale 9,431,424 — — Total assets 12,555,448 13,815,499 12,954,740 Financial position - assets
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13.11.2025 Grieg Seafood ASA - Q3 2025 24 GRIEG SEAFOOD GROUP NOK 1 000 30.09.2025 30.09.2024 31.12.2024 Continued operations EQUITY AND LIABILITIES Share capital 453,788 453,788 453,788 Treasury shares -4,812 -5,255 -4,812 Contingent consideration 701,535 701,535 701,535 Hybrid Bond 2,008,325 — — Retained earnings and other equity 1,668,558 4,280,993 2,901,442 Total equity 4,827,393 5,431,061 4,051,953 Deferred tax liabilities 380,539 883,559 604,078 Share based payments 12,434 8,808 12,997 Borrowings and lease liabilities 3,491,722 4,055,117 4,940,123 Total non-current liabilities continued operations 3,884,695 4,947,484 5,557,199 Current portion of borrowings and lease liabilities 1,020,354 1,899,776 1,903,678 Trade payables 337,221 1,219,367 1,054,706 Tax payable 2,957 652 5,364 Other current liabilities, derivatives and financial instruments 184,468 317,160 381,840 Total current liabilities continued operations 1,545,000 3,436,955 3,345,588 Liabilities directly associated with the assets held for sale 2,298,360 — — Total liabilities 7,728,055 8,384,439 8,902,788 Total equity and liabilities 12,555,448 13,815,499 12,954,740 Financial position - equity and liabilities
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13.11.2025 Grieg Seafood ASA - Q3 2025 25 GRIEG SEAFOOD GROUP NOK 1000 Q3 2025 Q3 2024 YTD 2025 YTD 2024 EBIT (Earnings before interest and taxes) 383,055 168,558 -398,002 -748,639 Depreciation, amortization and write-down 29,088 166,865 350,393 481,023 Gain/loss on sale of property, plant and equipment -240 -51 -267 -464 Share of profit from associates -843 665 5,744 -6,002 Fair value adjustment of biological assets -325,861 -359,213 685,522 795,034 Change inventory excl. fair value, trade payables and rec. -292,161 -2,093 -296,186 72,673 Other adjustments -100,470 80,352 -136,982 91,725 Taxes paid 3,441 -4,897 -4,893 -22,192 Net cash flow from operating activities -303,991 50,184 205,329 663,158 Proceeds from sale of non-cur. tangible and intangible assets 440 55 808 678 Payments on purchase of non-cur. tangible and intangible assets -169,682 -332,449 -554,422 -862,451 Government grant — 4,651 — 10,042 Investment in associates and other invest. 1,706 — 7,431 12,067 Net cash flow from investing activities -167,536 -327,743 -546,182 -839,664 Net changes in interest-bearing debt ex. lease liabilities 559,021 269,068 -1,043,529 800,965 Proceeds from issue of hybrid bond — — 1,970,638 — Repayment lease liabilities -92,174 -89,780 -246,564 -249,880 Net interest and other financial items -72,706 -89,579 -300,118 -241,648 Paid dividends -54,102 — -106,601 -196,233 Net cash flow from financing activities 340,038 89,708 273,825 113,203 Net change in cash and cash equivalents -131,488 -187,850 -67,028 -63,304 Cash and cash equivalents - opening balance 253,803 365,588 202,979 216,318 Currency translation of cash and cash equivalents -4,807 -22,631 -18,444 2,092 Cash and cash equivalents - closing balance* 117,507 155,107 117,507 155,107 Cash flow * NOK 93 million of the Cash and cash equivalents - closing balance at 30 September 2025 is presented as part of assets held for sale. The cash flow statement is presented for the combined continued and discontinued operations. See note 4 for the cash flow associated with discontinued operations
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13.11.2025 Grieg Seafood ASA - Q3 2025 26 THE 20 LARGEST SHAREHOLDERS IN GRIEG SEAFOOD ASA AT 30.09.2025 NO. OF SHARES SHARE- HOLDING Grieg Aqua AS 56,914,355 50.17% OM Holding AS 6,317,076 5.57% Folketrygdfondet 1,985,949 1.75% Ystholmen Felles AS 1,923,197 1.70% DNB BANK AS (Meglerkonto innland) 1,415,542 1.25% Clearstream Banking S.A. (Nominee) 1,243,237 1.10% Grieg Seafood ASA 1,203,089 1.06% Haugland Gruppen AS 1,018,589 0.90% Verdipapirfondet DNB SMB 1,011,443 0.89% Riiber Holding AS 1,007,286 0.89% Kvasshøgdi AS (Per Grieg) 996,772 0.88% Jakob Hatteland Holding AS 850,000 0.75% HMH Invest AS 846,107 0.75% Skandinaviska Enskilda Banken AB (Nominee) 800,000 0.71% Bank Pictet & Cie (Europe) AG (Nominee) 751,192 0.66% J.P. Morgan SE (Nominee) 688,674 0.61% PGK Holding AS 681,853 0.60% Intertrade Shipping AS 600,000 0.53% State Street Bank and Trust Comp (Nominee) 565,867 0.50% The Bank of New York Mellon SA/NV (Nominee) 528,258 0.47% Total 20 largest shareholders 81,348,486 71.71% Total others 32,098,556 28.29% Total number of shares 113,447,042 100.00% Number of shares • 113,447,042 shares incl. treasury shares Last issues • Q2 2020 - NOK 7 million in new shares issued (contribution in kind, related to the Grieg Newfoundland-transaction) • Q2 2009 - NOK 139 million in new shares issued Subordinated convertible bond issued in Q1 2009 • 100 million converted at NOK 4.0 per share within 31 December 2010 • 85% converted in Q2 2009, 15% in Q3 2009 Share savings program for the employees • To strengthen culture and encourage loyalty by offering employees to become shareholders in Grieg Seafood ◦ Transferred 21,576 treasury shares to employees in Q4 2018 ◦ Transferred 14,737 treasury shares to employees in Q4 2019 ◦ Transferred 42,193 treasury shares to employees in Q4 2020 ◦ Transferred 38,513 treasury shares to employees in Q4 2021 ◦ Transferred 96,150 treasury shares to employees in Q4 2022 ◦ Transferred 704 treasury shares to employees in Q1 2023 ◦ Transferred 107,473 treasury shares to employees in Q4 2023 ◦ Transferred 110,565 treasury shares to employees in Q4 2024 EPS • EPS from continued operations (basic and diluted) NOK *): -3.5 NOK/share in Q3 2025 (-1.4 Q3 2024) • EPS ordinary share incl. discontinued operations (basic and diluted) NOK *): -3.0 NOK/share in Q3 2025 (-0.3 Q3 2024) Share price • NOK 66.3 at quarter-end Q3 2025 • NOK 58.4 at quarter-end Q3 2024 Share information