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27.08.2026 1 H1 PRESENTATION 2026
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Grieg Seafood ASA - First half year of 202627.08.2026 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 speaks as 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 that these 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 - First half year of 202627.08.2026 3 Agenda • HIGHLIGHTS • STRATEGIC TRANSFORMATION • OPERATIONAL REVIEW • FINANCIAL REVIEW • FUTURE BUILDING BLOCKS • APPENDIX
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Grieg Seafood ASA - First half year of 2026 427.08.2026 35 11 25 12 1 H1 24 H2 24 H1 25 H2 25 H1 26 HARVEST VOLUME ROGALAND (TONNES GWT) SALES REVENUES ROGALAND (NOK MILLION) OPERATIONAL EBIT ROGALAND (NOK/KG) Highlights 12,196 16,617 16,269 14,192 13,788 H1 24 H2 24 H1 25 H2 25 H1 26 1,207 1,225 1,328 1,123 986 H1 24 H2 24 H1 25 H2 25 H1 26 • Harvest volume of 13,788 tonnes (16,269 tonnes) • Operational EBIT/kg of NOK 0.6 for the first half year of 2026 from the Farming segment, and NOK 1.1 from the Sales and VAP segment • Continued strong freshwater production in Rogaland, with average smolt size towards 1.3 kg in the first half year of 2026 • Challenging seawater production during the period • Entered second half of 2026 with close to maximum MAB capacity following recovery from a challenging period • The VAP facility at Gardermoen commenced production in early January 2026. Ramp-up going into final stages, focusing on optimization • 50% of the feed price increase going into Q3 2026 absorbed through targeted optimization initiatives, including introduction of land-based proteins • The initial Hybrid Bond was refinanced through a structured process which secured a new and improved finance structure with lower overall cost of capital
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Grieg Seafood ASA - First half year of 202627.08.2026 5 Grieg Seafood has finalized its transition, and is now focusing on operational improvements and stability across the value chain BALANCE SHEET OPTIMIZATION STRATEGIC PIVOT NEW GRIEG SEAFOOD Q1 2025 Shift to focus on operational performance and liquidity improvements 2020–2024 impacted by biological issues, with elevated capex and write-downs weighing on results and balance sheet New Hybrid Bond issued, securing liquidity and bank covenant, while still avoiding dilution Mar-Apr 2025 Options Mapped Sale-leaseback Finnmark prepared Canada assessed for divestment. Fallbacks developed May-Jul 2025 Divestment & shift to regional focus Grieg Seafood divests 3 of 4 regions Retain profitable Rogaland Aug-Dec 2025 Cermaq Deal concluded Transaction finalized at NOK 10.2bn, clearing debt from balance sheet Jan-Apr 2026 Lean and focused operating model ~55% HQ FTE reduction following the restructuring and new operating model 60% of target cost savings of NOK 50m implemented from H2 2026, now increased to NOK 60m for full year 2026 Aug-Dec 2025 New bank syndicate and loan refinancing Establishment of a new bank syndicate enhancing funding stability and reinforces long-term financial flexibility June 2026 Hybrid bond refinancing NOK 750m hybrid to refinance NOK 2,000m hybrid, simplifying funding structure and preserving balance sheet equity cushion while supporting cash flow FOCUS GOING FORWARD July 2026 - onwards Continued cost reduction and optimization of post-smolt strategy Remain focused on strengthening the core, reducing cost, but also prioritizing growth opportunities within existing assets, while seeking attractive inorganic opportunities in PO2-4 Several initiatives are well underway, including cost-cutting of more than NOK 60 million
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Grieg Seafood ASA - First half year of 202627.08.2026 6 OPERATIONAL REVIEW
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27.08.2026 Grieg Seafood ASA - First half year of 2026 7 Strong freshwater performance during the period • 2.9 million smolt released with an average input weight of 1.3 kg • All freshwater facilities, incl. jointly-owned, have had good production during the first half-year • Completed a cycle of a fully land-grown group of fish at the Årdal Aqua facility with a harvest volume of 610 tonnes GWT with 95% superior share Challenging conditions and low superior share, but high MAB utilization at period-end • Seawater production affected by biological conditions during Q1 2026, with spill-over effects into Q2 2026 • Led to decrease in superior share from 85% in H1 2025 to 63% in H1 2026. Challenges addressed going into H2 2026 • MAB utilization of 96% at period-end. Average weight of fish in sea around 3.2 kg going into H2 Farming cost at NOK 70.9/kg, full-year farming cost guiding maintained at NOK 67.5/kg • Up from H1 2025 due to higher capitalized cost of the generation harvested in addition to increased cost of reduced survival • Initiatives implemented to address cost increase seen in H1 2026 • Offsetting 50% of the feed price increase going into Q3 2026 through targeted optimization initiatives, including revision of main feed recipes and introduction of land-based proteins GSF Rogaland Half-year performance Outlook NOK million YTD 2026 YTD 2025 Harvest volume (tonnes GWT) 13,788 16,269 Average harvest weight (kg) 4.8 5.1 Revenues 986.1 1,328.0 Operational EBIT 8.9 406.3 Farming cost/kg (NOK) 70.9 56.6 Operational EBIT/kg (NOK) 0.6 25.0 Operational EBIT-bridge, year-over-year (NOK million) 406 -342 -56 9 Operational EBIT H1 2025 Sales revenues Farming cost Operational EBIT H1 2026 Estimated Q3 2026 harvest: 9,800 Estimated FY 2026 harvest: 31,000 tonnes
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Grieg Seafood ASA - First half year of 202627.08.2026 8 Post-smolt distribution continues to be tilted towards 1kg+, and freshwater capacity will now only be allocated to post-smolt production Learnings from the fully grown land-based harvest gave valuable insight, but yet profitable enough to compete with open-sea Post-smolt distribution remains weighted towards higher average weights - a competitive advantage for future collaboration and consolidation. Data from more than 75 post-smolt groups will be leveraged to optimize the future post-smolt strategy % of smolt released to sea across different size ranges in grams average weights, shows significant shift in distribution towards larger fish 58% 61% 50% 63% 36% 7% 33% 9% 11% 11% 23% 22% 13% 7% 21% 27% 14% 13% 18% 8% 2% 9% 7% 13% 22% 28% 18% 5% 5% 11% 36% 14% 25% 0-499 500-749 750-999 1 000-1 249 1 250-1 499 1 500+ 2020 2021 2022 2023 2024 2025 H1 2026 • Årdal Aqua achieved strong growth performance also for land-based salmon above 2 kg • The facility demonstrated best-in-class production efficiency, growth performance, fish size and stocking density under the current production set-up • The purging process was successfully completed at sea, with strong results • Fish transferred to sea achieved a 95% superior share and strong quality through harvest and further processing • Despite the strong biological and operational results, farming cost remains too high to be competitive with conventional open-sea production
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27.08.2026 Grieg Seafood ASA - First half year of 2026 9 Established as a separate operational segment • H1 results includes figures from our sales operations and the VAP facility from 1 April 2026* Earnings driven by downgraded fish, one-offs and softer market prices • Positive EBIT contribution, however; • Price achievement affected by a high share of downgraded fish, low market prices and currency fluctuations, partly offset by favorable fixed-price contracts and sales performance • One-off ramp-up costs at the VAP facility and negative earnings driven by low capacity during the ramp- up period. Production at the facility is picking up speed GSF Sales and VAP Half-year performance Outlook NOK million YTD 2026 YTD 2025 Sales revenues 794.6 n/a Operational EBIT 14.8 n/a Operational EBIT/kg (NOK) 1.1 n/a Contract share 30% n/a VAP facility is expected to support growth in value-added processing, positive development in operations going into H2 2026 Entered into agreement to purchase up to 50% of the harvest volume from Lingalaks Expect a positive contribution from fixed-price contracts for the full year 2026 Price performance compared to SISALMON index Weighted SISALMON Index FCA South, NOK/KG GSFR Achieved Price, NOK/KG Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 60 70 80 90 100 GSFR harvest volume (kg) SISALMON (NOK/kg) W1 W4 W7 W10 W13 W16 W19 W22 W25 Price achieved is for all volume and all qualities- outperforms price benchmark last six quarters Harvest timing strategy successfully deployed. with volumes focused on higher priced weeks of the period, however biological challenges provided higher volatility in performance *Refer to Note 3 in H1 2026 Half-year report for further information
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Grieg Seafood ASA - First half year of 202627.08.2026 10 FINANCIAL REVIEW
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27.08.2026 Grieg Seafood ASA - First half year of 2026 11 Sales revenues reduced from H1 2025, attributable to lower price achievement and higher share of downgrade • Down 6% year-over-year • High share of downgrade in a already soft price environment impacted price achievement significantly • Lower harvest volume compared to H1 2025 Farming cost in H1 2026 was NOK 70.9 per kg, up NOK 14.2 per kg from H1 2025 • Biological challenges in Q1 led to higher capitalized cost on generation which has also been harvested in Q2 • Combined with lower harvest volumes, adaption of harvest plan and increased cost, the farming cost was high for H1 as a whole Headquarter cost reduction ahead of NOK 60 million target. Additional cost initiatives currently being explored and is expected to be implemented gradually into 2027 Operational EBIT of NOK -30 million (NOK -2.1 per kg), not satisfactory or representative for new Grieg Seafood Profit & loss (NOK million) YTD 2026 YTD 2025 Harvest volume tonnes GWT 13,788 16,269 Sales revenues 1,834.4 1,942.0 Operational EBIT* -29.6 291.0 Production fee -10.8 -16.7 Fair value adjustments of biological assets -383.9 -264.9 EBIT -424.3 9.5 Net financial items 15.6 -455.2 Profit before tax -408.7 -445.7 Estimated taxation 263.3 105.1 Net profit for the period from continued operations -145.4 -340.6 Net profit for the period from discontinued operations — -299.9 Net profit for the period -145.4 -640.5 Profit & loss Operational EBIT-bridge, year-over-year (NOK/kg) 291 -108 -56 -158 -30 Operational EBIT H1 2025 Sales revenues Farming cost Other costs incl. ownership and headquarter costs/kg Operational EBIT H1 2026 *See definition in Alternative Performance Measures in the H1 2026 Half-year report
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27.08.2026 Grieg Seafood ASA - First half year of 2026 12 Cash flow Changes in cash and cash equivalents (NOK million) 5,012 48 -156 -80 -4,000 -592 232 Cash 31.12.2025 Operational EBITDA* Inventory, AR, AP and other operational items InvestmentDividend Other financial items Cash 30.06.2026 *See definition in Alternative Performance Measures in the H1 2026 Half-year report △ -4,780 Net cash flow from operations NOK -108 million • Operational EBITDA* NOK 48 million (NOK 349 million in H1 20251) • Changes in working capital of NOK -257 million, incl. change in biomass of NOK 67 million Net cash flow from investment activities NOK -80 million • Capex investments of NOK 35 million. Capex estimate for FY 2026 reduced from NOK 150 million to NOK 105 million for Rogaland • Participation in Årdal Aqua's capital increase of NOK 44.5 million Net cash flow from financing NOK -4,567 million • Dividend payment of NOK 4,000 million • Refinancing of the Group's capital structure net of NOK 339 million • Hybrid dividends paid to hybrid owners, totaling NOK 101 million 1 H1 2025 includes figures from discontinued operations
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27.08.2026 Grieg Seafood ASA - First half year of 2026 13 Net interest-bearing debt Movements in net interest-bearing debt ex. IFRS 16 (NOK million) -2,476 -48 -67 65 4,000 -339 111 1,245 NIBD Q4 2025Operational EBITDA* Biomass ex fair value Gross investments* Dividend Net changes from refinancing Other changes NIBD H1 2026* *See definition in Alternative Performance Measures in the H1 2026 Half-year report **Relates to the remaining redemption liability for the previous hybrid bond (ISIN NO0013498584), settled on 7 July 2026. Further information is provided in Note 8 in the H1 2026 Half-year report Capital structure (NOK million) 30.06.2026 Hybrid bond redemption liability 87 Other borrowings including syndicated revolving facility 1,210 Lease liabilities (incl IFRS 16) 485 Gross interest bearing liabilities 1,781 Cash and loans to associates -240 NIBD* incl IFRS 16 1,542 Lease liabilities (IFRS 16) -297 NIBD* excl IFRS 16 1,245 Deduction for hybrid bond redemption liability** -87 NIBD adjusted* 1,158 Free liquidity- Cash and cash equivalents 1,132 Net increase in NIBD of NOK 3,721 million mainly due to dividend distribution • Operations with a negative impact on NIBD during the period due to weak earnings and higher working capital tie-up, partly off-set by biomass reduction in sea • Dividend payment of NOK 4 billion during the period • Initial hybrid bond of NOK 2 billion refinanced with a new hybrid bond of NOK 750 million • Repayment of NOK 250 million bridge loan • New financing agreement in place with SEB and Nordea, providing a NOK 2 billion revolving credit facility. NOK 1,200 million utilized at 30 June 2026. NOK 100 million available in separate overdraft facility Free liquidity consists of cash holdings at a total of NOK 1,132 million at 30 June 2026
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Grieg Seafood ASA - First half year of 202627.08.2026 14 Grieg Seafood still maintains a robust balance sheet... ...Opportunities in the industry requires Grieg Seafood to create more headroom in the balance sheet ...as well as maintaining sufficient flexibility to manage increased volatility and uncertainty across a range of risks 1 Capital allocation strategy to be more cautious due to current operating environment 2 3 As such, Grieg Seafood ASA will adhere to a more cautionary capital allocation strategy in the short-medium term • However, the carrying value of farming licenses is only NOK 254 million, significantly below their estimated underlying market value of several billion NOK • As the market value of licenses are not reflected, reported equity and key balance sheet ratios are more sensitive to fluctuations in earnings • Grieg Seafood has a clear priority to strengthen its core operations, while also seeking strategic growth opportunities in PO2-4 • The strategic priorities going forward requires additional headroom in the balance sheet, and as a consequence Grieg Seafood will prioritize debt repayment • Capital allocation strategy must therefore reflect a wider range of downside scenarios and preserve financial flexibility • This includes political and regulatory uncertainty that may increase volatility in earnings, cash flow and asset values
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Grieg Seafood ASA - First half year of 202627.08.2026 15 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
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27.08.2026 Grieg Seafood ASA - First half year of 2026 16 Capital Markets Day 27 April 2027 • Grieg Seafood is pleased to invite shareholders, partners, analysts and other stakeholders to a Capital Markets Day on 27 April 2027 • Invitations for physical attendance will be shared in due course. The event will also be streamed online for those unable to attend in person • Further information regarding the agenda, programme and key topics will be provided closer to the event
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Grieg Seafood ASA - First half year of 202627.08.2026 17 UPCOMING FINANCIAL RESULTS 12 November 2026 Q3 2026 Extended trading update The Company reserves the right to make amendments to the financial calendar
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Grieg Seafood ASA - First half year of 202627.08.2026 18 APPENDIX Q2 2026
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Grieg Seafood ASA - First half year of 2026 1927.08.2026 Spot market price development NQSALMON/SISALMONI WEEKLY AVERAGE (NOK/KG) 2022 2023 2024 2025 2026 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 30 40 50 60 70 80 90 100 110 120 130 140 The chart graphs weekly average prices for NQSALMON up until week 31/2024, and SISALMONI from week 32/2024.
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27.08.2026 Grieg Seafood ASA - First half year of 2026 20 Profit & loss GRIEG SEAFOOD GROUP NOK 1 000 YTD 2026 YTD 2025 Continued operations Sales revenues 1,834,372 1,941,964 Other income -17,047 -6,684 Share of profit from associates 11,659 6,859 Raw materials and consumables used -1,166,759 -987,539 Salaries and personnel expenses -148,289 -183,935 Other operating expenses -465,929 -421,816 Depreciation property, plant and equipment -77,167 -56,696 Amortization licenses and other intangible assets -460 -1,104 Production fee -10,760 -16,666 Fair value adjustment of biological assets -383,943 -264,899 EBIT (Earnings before interest and taxes) -424,323 9,484 Net financial items 15,587 -455,165 Profit before tax -408,736 -445,681 Estimated taxation 263,309 105,071 Net profit for the period from continued operations -145,427 -340,611 Discontinued operations Net profit for the period from discontinued operations — -299,931 Net profit for the period -145,427 -640,542 Dividend declared per share (NOK) 35.6 —
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27.08.2026 Grieg Seafood ASA - First half year of 2026 21 GRIEG SEAFOOD GROUP NOK 1 000 YTD 2026 YTD 2025 Net profit for the period -145,427 -640,542 Net other comprehensive income to be reclassified to profit/loss in subsequent periods Currency effect on investment in subsidiaries -467 149,871 Currency effect on loans to subsidiaries *) — -295,106 Tax effect — 64,923 Other comprehensive income for the period, net of tax -467 -80,311 Total comprehensive income for the period -145,894 -720,853 Allocated to Owners of Grieg Seafood ASA -145,894 -720,853 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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27.08.2026 Grieg Seafood ASA - First half year of 2026 22 GRIEG SEAFOOD GROUP NOK 1 000 30.06.2026 30.06.2025 31.12.2025 ASSETS Goodwill 20,463 20,463 20,463 Licenses 253,635 206,393 253,635 Other intangible assets 1,553 5,278 1,889 Property, plant and equipment incl. right-of-use assets 1,209,064 836,466 1,189,108 Indemnification assets — 40,000 — Investments in associates 279,626 221,432 223,517 Other non-current receivables 7,714 6,000 7,684 Total non-current assets continued operations 1,772,054 1,336,032 1,696,296 Inventories 123,463 101,101 140,613 Biological assets excl. the fair value adjustment 1,193,444 1,006,146 1,260,266 Fair value adjustment of biological assets -173,705 3,456 259,406 Trade receivables 133,626 59,742 196,963 Other current receivables, derivatives and financial instruments 242,755 308,111 136,938 Cash and cash equivalents 232,065 115,426 5,011,759 Total current assets continued operations 1,751,648 1,593,982 7,005,945 Assets held for sale — 8,869,168 — Total assets 3,523,702 11,799,181 8,702,241 Financial position: Assets
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27.08.2026 Grieg Seafood ASA - First half year of 2026 23 GRIEG SEAFOOD GROUP NOK 1 000 30.06.2026 30.06.2025 31.12.2025 EQUITY AND LIABILITIES Share capital 453,788 453,788 453,788 Treasury shares -4,818 -4,812 -4,818 Contingent consideration — 701,535 — Hybrid Bond 742,584 2,010,360 — Retained earnings and other equity -201,579 2,064,656 4,052,953 Total equity 989,975 5,225,527 4,501,923 Deferred tax liabilities 194,923 8,771 461,129 Share based payments 254 14,496 3,673 Borrowings and lease liabilities 1,594,752 2,903,141 408,882 Other non-current liabilities 12,472 — — Total non-current liabilities continued operations 1,802,400 2,926,409 873,684 Current portion of borrowings and lease liabilities 180,533 992,153 2,440,518 Trade payables 293,360 396,783 458,512 Other current liabilities, derivatives and financial instruments 257,433 263,159 427,604 Total current liabilities continued operations 731,326 1,652,095 3,326,634 Liabilities directly associated with the assets held for sale — 1,995,150 — Total liabilities 2,533,726 6,573,654 4,200,318 Total equity and liabilities 3,523,702 11,799,181 8,702,241 Financial position: Equity and liabilities
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27.08.2026 Grieg Seafood ASA - First half year of 2026 24 GRIEG SEAFOOD GROUP NOK 1 000 YTD 2026 YTD 2025 EBIT (Earnings before interest and taxes) -424,323 -781,058 Depreciation, amortization and write-down 77,628 321,305 Gain/loss on sale of property, plant and equipment — -27 Share of profit from associates -11,659 6,587 Fair value adjustment of biological assets 383,943 1,011,383 Change inventory excl. fair value, trade payables and rec. -257,191 -4,024 Other adjustments 126,718 -36,512 Taxes paid -2,939 -8,334 Net cash flow from operating activities -107,824 509,320 Proceeds from sale of non-cur. tangible and intangible assets — 368 Payments on purchase of non-cur. tangible and intangible assets -35,203 -384,740 Investment in associates and other invest. -44,450 5,725 Net cash flow from investing activities -79,653 -378,646 Net changes in interest-bearing debt ex. lease liabilities — -1,602,550 Proceeds from issue of hybrid bond 733,500 1,970,638 Proceeds of long-term int. bearing debt 1,200,000 — Repayment long-term int. bearing debt -2,022,805 — Repayment short-term int. bearing debt -250,000 — Repayment lease liabilities -54,059 -154,389 Net interest and other financial items -71,967 -227,412 Dividend paid to hybrid owners -101,478 -52,499 Dividends paid to shareholders -4,000,000 — Net cash flow from financing activities -4,566,809 -66,213 Net change in cash and cash equivalents -4,754,286 64,461 Cash and cash equivalents - opening balance 5,011,759 202,979 Currency translation of cash and cash equivalents -25,409 -13,636 Cash and cash equivalents - closing balance 232,065 253,803 Cash flow The cash flow statement includes both continuing and discontinued operations in the comparative period.
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27.08.2026 Grieg Seafood ASA - First half year of 2026 25 THE 20 LARGEST SHAREHOLDERS IN GRIEG SEAFOOD ASA AT 30.06.2026 NO. OF SHARES SHARE- HOLDING Grieg Aqua AS 56,914,355 50.17% OM Holding AS 6,447,076 5.68% Folketrygdfondet 1,924,324 1.70% Ystholmen Felles AS 1,923,197 1.70% Vanguard 1,667,785 1.47% American Century Investment Management 1,392,246 1.23% Grieg Seafood ASA 1,204,603 1.06% Per Grieg Jr 1,011,772 0.89% Riiber Holding AS 1,007,286 0.89% Dimensional Fund Advisors 890,684 0.79% SIA Funds AG 845,044 0.74% Hans Michael Hansen 837,684 0.74% Jakob Hatteland 825,069 0.73% Lofotlaks AS 650,000 0.57% Zee Ploeg AS 646,130 0.57% Dr. Peterreins Portfolio Consulting GmbH 600,000 0.53% Øyvin A. Brøymer with companies 600,000 0.53% Amundi 534,623 0.47% Landesbank Baden-Württemberg 534,159 0.47% Niche Asset Management 493,281 0.43% Total 20 largest shareholders 80,949,318 71.35% Total others 32,497,724 28.65% 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 a total of 78.506 treasury shares to employees between Q4 2018 and 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 continuing operations (Basic and diluted) excl. hybrid interest: -1.3 NOK/share in H1 2026 (-3.0 in H1 2025) • EPS from continuing operations (Basic and diluted) incl. hybrid interest: -2.2 NOK/share in H1 2026 (-3.6 in H1 2025) • EPS per share - total (Basic and diluted): -2.2 NOK/share in H1 2026 (-6.3 in H1 2025) Share price • NOK 27.3 at period-end H1 2026 • NOK 38.0 at period-end H1 2025 Share information
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27.08.2026 1 griegseafood.com