CORRECTION! KALDVIK AS (KLDVK): Announcement of Q1 2025 results and new refinancing package

Financial Performance - Kaldvik AS reported operating income of EUR 48.4 million in Q1 2025, an increase from EUR 31.1 million in the same period last year [1] - The operating profit before fair value adjustment of biomass and production tax was EUR 9.8 million, up from EUR 2.4 million [1] - The harvest amounted to 6,383 tonnes in Q1 2025, compared to 3,986 tonnes in the previous year [1] Refinancing Initiatives - Kaldvik has initiated a refinancing process through a new debt package and equity, receiving confirmation of an improved bank financing package from existing lenders [1] - A condition for the new financing is that the company raises approximately EUR 45 million in new equity, with strong backing from its majority shareholder, Austur Holding AS [2] - The company is in the process of launching the equity raise [2] Corporate Communication - A web cast is scheduled for 09:00 CEST on 28 May 2025 to discuss the financial results and refinancing [1] - The Q1 2025 presentation and report, which include further information on the refinancing package, have been uploaded to the company's website [2][4]