Harvest Volumes - Total harvest volume for Q2 2025 is 133.0 thousand tonnes, with contributions from various regions: Norway (72.5 thousand tonnes), Scotland (24.0 thousand tonnes), Chile (15.5 thousand tonnes), Canada (9.5 thousand tonnes), Ireland (5.0 thousand tonnes), Faroes (4.5 thousand tonnes), and Iceland (2.0 thousand tonnes) [1] - Mowi guided a total harvest volume of 130k GWT for Q2 2025, compared to 110k GWT in Q2 2024 [1] Financial Performance - Operational EBIT for the Group was approximately EUR 189 million in Q2 2025, supported by strong cost performance [3] - Blended farming cost decreased to EUR 5.39 per kg in Q2 2025, down from EUR 5.84 in Q2 2024 and EUR 5.89 in Q1 2025 [3] - Operational EBIT per kg varied by region: Norway (EUR 1.90), Scotland (EUR 1.30), Chile (EUR 1.15), Canada (EUR 0.25), Ireland (EUR 0.20), Faroes (EUR 0.90), and Iceland (EUR -2.20 due to very low harvest volumes) [3] Debt and Future Reporting - Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 1,895 million at the end of the quarter, excluding IFRS 16 effects [3] - The complete Q2 2025 report is scheduled for release on 20 August at 06:30 CET [3]

Harvest Volumes - Total harvest volume for Q2 2025 is 133.0 thousand tonnes, with contributions from various regions: Norway (72.5k), Scotland (24.0k), Chile (15.5k), Canada (9.5k), Ireland (5.0k), Faroes (4.5k), and Iceland (2.0k) [1][2] - Mowi guided a total harvest volume of 130k GWT for Q2 2025, compared to 110k GWT in Q2 2024 [1] Financial Performance - Operational EBIT for the Group was approximately EUR 189 million in Q2 2025, attributed to strong cost performance [3] - Blended farming cost decreased to EUR 5.39 per kg in Q2 2025, down from EUR 5.84 in Q2 2024 and EUR 5.89 in Q1 2025 [3] - Operational EBIT per kg varied by region: Norway (EUR 1.90), Scotland (EUR 1.30), Chile (EUR 1.15), Canada (EUR 0.25), Ireland (EUR 0.20), Faroes (EUR 0.90), and Iceland (EUR -2.20) [3] Debt and Future Reporting - Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 1,895 million at the end of the quarter, excluding IFRS 16 effects [3] - The complete Q2 2025 report is scheduled for release on 20 August at 06:30 CET [3]

Core Viewpoint - Mowi ASA's Board members have purchased shares in the company, aligning with the recommendation from the Nomination Committee and the Norwegian Code of Practice for Corporate Governance [2][4]. Share Purchase Details - All Board members acquired shares at a market price of NOK 189.75 per share, totaling 3,186 shares purchased [2]. - The share purchases resulted in the following new holdings for each Board member: - Ørjan Svanevik (Chairman): 632 shares acquired, new holding 4,832 shares [3] - Kristian Melhuus: 316 shares acquired, new holding 2,484 shares [3] - Kathrine Fredriksen: 316 shares acquired, new holding 1,729 shares [3] - Peder Strand: 316 shares acquired, new holding 1,252 shares [3] - Lisbet K. Nærø: 316 shares acquired, new holding 2,696 shares [3] - Kjersti Hobøl: 527 shares acquired, new holding 1,586 shares [3] - Leif Teksum: 316 shares acquired, new holding 5,928 shares [3] - Marit Øvergård Utnes: 158 shares acquired, new holding 1,399 shares [3] - Eivind Kallbekken: 158 shares acquired, new holding 1,993 shares [3] - John Olav Johansen: 131 shares acquired, new holding 899 shares [3] Ownership Context - Kathrine Fredriksen is associated with Geveran Trading Co Limited, which owns 77,568,926 shares in Mowi ASA and has TRS agreements with underlying exposure of 4,000,000 shares [3].

Core Viewpoint - Mowi has secured a EUR 2,600 million sustainability-linked revolving credit facility to refinance existing debt and support corporate purposes [1][2]. Group 1: Financial Details - The facility has a principal financial covenant requiring a minimum equity ratio of 35% [2]. - An accordion increase option allows for an additional EUR 400 million to be added to the facility during its term [2]. - The refinancing is subject to customary closing conditions [3]. Group 2: Sustainability and ESG Strategy - The facility aligns with Mowi's goal of achieving 100% green or sustainable financing [2]. - Interest rates on the facility are tied to Mowi's performance against sustainability KPIs, reflecting the company's overall ESG strategy [2].

Group 1 - The Annual General Meeting (AGM) of Mowi ASA was held on June 4, and all proposed agenda items were adopted [1] - An office translation of the minutes from the AGM is attached for reference [1] - This information complies with the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act [1]

Ordinær generalforsamling i Mowi ASA ble avholdt 4. juni og alle de foreslåtte sakene på agendaen ble godkjent. Protokollen fra generalforsamlingen er vedlagt. Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12. Attachment Mowi ASA OGF protokoll 2025 final ...

Core Insights - Mowi reported operating revenues of EUR 1.36 billion and an operational profit of EUR 214 million in Q1 2025, showing an increase compared to the same quarter last year due to strong biological and operational performance [1][2] - The company harvested 108,000 tonnes in Q1 2025, a 12% increase year-on-year, and maintains a harvest volume guidance of 530,000 tonnes for the year, projecting a 6% annual growth [3][5] - Mowi's feed segment also performed well, contributing to the overall growth in harvest volumes, with record-high earnings and sold volumes for the first quarter [7][8] Financial Performance - Mowi's operational profit of EUR 214 million reflects strong performance driven by high harvest volumes and improved cost management [1] - The company plans to pay a quarterly dividend of NOK 1.70 per share, indicating confidence in its financial health [8] Market Dynamics - Global supply growth in Q1 2025 was 13% in Europe and 8% globally, attributed to a one-off correction after three years of challenging biological conditions [6][7] - Demand for salmon remained strong across Europe, the Americas, and Asia, although high supply growth has put pressure on market prices [6] Strategic Initiatives - Mowi's strategic focus on volume growth across the value chain is evident, with a projected increase in harvest volumes from 375,000 tonnes in 2018 to 600,000 tonnes by the end of 2026, representing a CAGR of 5.1% [5] - The company has increased its ownership of Nova Sea from 49% to 95%, which is expected to further enhance its harvest capacity [3]

Group 1 - Mowi ASA will present its first quarter 2025 results at Hotel Continental in Oslo, Norway [1] - The presentation will be conducted in English via a live webcast, followed by a Q&A session where participants can submit questions online [1] - A recording of the webcast will be available on Mowi's website immediately after the presentation [1] Group 2 - The quarterly report and presentation will be published at 06:30 (CET) [2] - This information complies with the disclosure requirements of the Norwegian Securities Trading Act [2]

Harvest Volumes - Total harvest volume for Q1 2025 is guided at 108.0 thousand tonnes, an increase from 96.5 thousand tonnes in Q1 2024 [1] - Breakdown of harvest volumes by region includes: Norway (62.0 thousand tonnes), Scotland (17.5 thousand tonnes), Chile (14.0 thousand tonnes), Canada (5.0 thousand tonnes), Ireland (2.5 thousand tonnes), Faroes (4.0 thousand tonnes), and Iceland (3.0 thousand tonnes) [1] Financial Performance - Operational EBIT for the Group in Q1 2025 was approximately EUR 214 million, compared to EUR 201 million in Q1 2024, reflecting a year-over-year increase [3] - Blended farming cost decreased to EUR 5.89 per kg in Q1 2025 from EUR 6.05 in Q1 2024 [3] - Operational EBIT per kg varied by region: Norway (EUR 2.50), Scotland (EUR 1.80), Chile (EUR 0.90), Canada (EUR 0.80), Ireland (EUR 0.95), Faroes (EUR 2.75), and Iceland (EUR 0.00) [3] Debt and Future Reporting - Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 1,890 million at the end of Q1 2025, excluding IFRS 16 effects [3] - The complete Q1 2025 report is scheduled for release on 14 May at 06:30 CET [3]