Earnings release
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PRESS RELEASE 07 April 2025 06:30:00 CEST Salmon Evolution Torget 5 NO-6440 Elnesvågen• • Salmon Evolution ASA: Q1 2025 operational update Salmon Evolution (OSE: SALME) sets new production record in and reports an Q1-25 high standing biomass at the end of the quarter.all-time Q1 operational summary: New high standing biomass of 2,939 tonnes LW at the end of the quarter, a 45% all-time increase since – standing biomass at targeted levels.Q4-24 run-rate New production record of 1,624 tonnes LW, up 7% from continuing the trend of Q4-24, steadily increasing production. Harvest volume of 581 tonnes HOG, reflecting deliberate focus on biomass growth. All-in price realization on harvested fish of NOK ~75/kg. "We continue to see stable operations across the farm with strong biological KPIs. Coupled with a new production record in Q1 and also hitting our standing biomass target, we are very well positioned for continued operational improvement over the coming quarters”, CEO of Salmon Evolution, Trond Håkon said.Schaug-Pettersen For further information, please contact: Trond Håkon CEOSchaug-Pettersen, thsp@salmone.no +47 91 19 13 27 Trond Vadset Veibust, CFO tvv@salmone.no +47 48 09 05 95 About Salmon Evolution Salmon Evolution is the global leader within salmon farming with a clear roadmap for land-based 100,000 tonnes HOG annual production capacity. Pioneering the hybrid system flow-through (HFS), Salmon Evolution is Extending the Ocean Potential by creating optimal growth conditions in a controlled environment on land. This approach, capturing the benefits of both and land-based farming, puts biology first and limits operational and biological risk.sea-based Salmon Evolution is strategically located the heart of the global aquaculture industry on the west coast of Norway, where the Company has its first facility and global centre of excellence fully operational at industrial scale. Enabled by the proof of concept in Norway, Salmon Evolution targets significant international expansion. Salmon Evolution is listed on Oslo Børs under the ticker SALME. To learn more, please visit .www.salmonevolution.no
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PRESS RELEASE 07 April 2025 06:30:00 CEST Salmon Evolution Torget 5 NO-6440 Elnesvågen• • Attachments SALME Q1 2025 Operational Update