Norway, April 21 -- AKVA group ASA ("AKVA") hereby announce that a contract has been awarded from Laxey EHF ("Laxey") for the design and delivery of a smolt facility at Westman Islands, Iceland. The smolt facility will be developed in three phases and will, when fully completed, provide a production capacity of 15 million smolt per year at 100 grams to support Laxey's post-smolt and grow-out production. The contract awarded covers all three phases and has a total value of approximately MEUR 28.The realization of the contract and AKVA's delivery is subject to Laxey obtaining the necessary financing. This condition is expected to be met during Q2 2026.
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