Mowi enters into a Share Purchase Agreement to divest its 9k GWT salmon farming operations in Canada East

Mowi has agreed to divest its 9,000 GWT salmon farming operations in Canada East to Cooke Inc. for CAD 225 million on a debt-free basis. The transaction, expected to close in H2 2026, will reduce Mowi's 2026 volume guidance from 605k GWT to 600k GWT and result in a write-down of approximately CAD 140 million. The divestment is part of Mowi's strategy to improve its farming portfolio and focus on core geographies.