The burly forward impressed for the Canaries last term, scoring 15 goals in the Carrow Road club’s first season back in the Premier League.
Despite this, after a fallout with the club and Paul Lambert’s decision to move to Aston Villa, Holt handed in a transfer request that was rejected by Norwich.
West Ham were thought to be closing in on the forward, with a number of bids being rejected, and Holt has now signed a new deal and has expressed his delight at staying with the club.
“I’m really pleased we’ve agreed things and that I’ve got a three-year deal which gives me and my family a bit of security,” he told the club’s official website.
“I do appreciate where the club was coming from in terms of the process we’ve gone through to get to this point.
“Now I’m just really keen to concentrate on getting back to work with the rest of the lads and concentrating on having a good pre-season and getting ready for the start of another season in the Premier League,” he confirmed.
Norwich also used the press conference to announce the signings of new faces Steven Whittaker and Jacob Butterfield, who join from Rangers and Barnsley respectively.
By Gareth McKnight