Bodø, Norway, 7 October 2026 - Gigante Salmon AS (OSE: GIGA) announces its
operational update for the third quarter of 2026:
At the end of the quarter, Gigante Salmon had an estimated standing biomass of
3,900 tonnes, with an average weight of 1.02 kg.
The H2025 generation had a standing biomass of 3,600 tonnes, with an average
weight of 1.95 kg. The H2026 generation had a standing biomass of 300 tonnes,
with an average weight of 0.15 kg.
The final smolt stocking for the H2026 generation is expected to be completed by
the end of October.
No fish were harvested during the quarter.
The full Q3 2026 report will be available from 20 October 2026 at 07:00 CEST on
the Company's website, www.gigantesalmon.no, and on the Oslo Stock Exchange's
website, www.newsweb.no, followed by a management presentation in Norwegian at
09:00 CEST. The presentation will be conducted in Norwegian and webcast via the
Company's website.
For further information, please contact:
Kristian Lorentsen, CEO
Phone: +47 979 51 239
E-mail: kristian@gigante.no
Benny Hansen, CFO
Phone: +47 907 80 292
E-mail: benny@gigantesalmon.no
Rune Johansen, CIRO
Phone: +47 988 44 724
E-mail: rune@gigantesalmon.no
About Gigante Salmon AS
Gigante Salmon AS is a land-based salmon farming company currently constructing
its first production facility on Lille Indre Rosøy in Rødøy Municipality,
Norway. The Company's aquaculture concept is based on a flow-through system that
combines the advantages of conventional sea-based and land-based aquaculture
while reducing and eliminating the challenges associated with traditional sea
farming. For more information about the Company, please visit
www.gigantesalmon.no.
This information is subject to the disclosure requirements pursuant to *Section
5-12 of the Norwegian Securities Trading Act
t to *Section\
5-12 of the Norwegian Securities Trading Act\