Atlantic Sapphire ASA: Mandatory notification of trade

05 Jul 2024 16:43 CEST

Miami, FL, July 5, 2024

On 5 July 2024, Alsco AS (a close associate of CEO Johan Andreassen and Board
member Ellen Marie Sætre) and JEA Invest AS (a close associate of CEO Johan
Andreassen) has sold shares in Atlantic Sapphire ASA.

Please refer to the attached notification forms for further information.

For further information, please contact:

Johan E. Andreassen, CEO;

or

Karl Øystein Øyehaug, CFO

investorrelations@atlanticsapphire.com

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation art. 19 and the Norwegian Securities Trading Act section
5-12.

About Atlantic Sapphire ASA
Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,
locally, and transforming protein production, globally. Atlantic Sapphire
operated its innovation center in Denmark from 2011 until 2021 with a strong
focus on R&D and innovation to equip the Company with the technology and
procedures that enable the Company to commercially scale up production in end
markets close to the consumer. 

In the US, the Company holds the requisite permits and patents to construct its
Bluehouse® in an ideal location in Homestead, Florida, just south of Miami. The
Company's Phase 1 facility is in operation, which provides the capacity to
harvest approximately 10,000 tons (HOG) of salmon annually. The Company
completed its first commercial harvest in the US in September 2020. Atlantic
Sapphire is currently constructing its Phase 2 expansion, which will bring total
annual production capacity to 25,000 tons, and has a long-term targeted harvest
volume of 220,000 tons.

More information:
Access the news on Oslo Bors NewsWeb site

623175_Notification Form - Alsco AS(2213033.1).pdf
623175_Notification Form - JEA Invest(2213034.1).pdf