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The land-based yellowtail kingfish farmer has provided an update on its financing discussions that began following the fourth quarter slowdown.

The executive had already announced his intention to step down to focus more fully on his responsibilities as Stolt Sea Farm Chairman last December.

Weaker-than-expected results at the end of 2025 prompt funding discussions as the Netherlands land-based aquaculture company adjusts its growth plans.

Søren Mattesen, who will remain in his current position until the end of February, will begin a new role as Business Developer at AquaPri in March.

The transition for Karl Buiks to replace Vincent Erenst as of January 1, 2026, had just begun, but following his resignation, the latter will postpone his retirement for one year.

He will remain a member of the Supervisory Board until his resignation takes effect in the first quarter of 2026.