Atlantic Sapphire ASA: Q3 2025 Trading Update

09 Oct 2025 07:30 CEST

Miami, FL, October 09, 2025

Atlantic Sapphire ASA (along with its subsidiaries the "Company") has harvested
a total volume of 1,427t HOG in the three months ending September 30, 2025 (Q2
2025: 1,167t). During the same period, the net biomass gain was 1,741t RLW (Q2
2025: 1,697t). Standing biomass at the end of the period was 3,215t RLW (Q2
2025: 3,235t). Realized average harvest weight in the quarter was 3.1kg HOG (Q2
2025: 3.1kg). The realized sales price in the quarter was USD 8.58 per kg HOG
(Q2 2025: USD 9.27 per kg).

For further information, please contact:
Gunnar Aasbø-Skinderhaug, Atlantic Sapphire ASA, Deputy CEO/ CFO
Gunnar@atlanticsapphire.com

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
4-2 og 5-12.

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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 up to approximately
7,500-8,500 tons (HOG) of salmon annually. The Company completed its first
commercial harvest in the US in September 2020. Atlantic Sapphire is currently
developing its Phase 2 expansion, which will bring total annual production
capacity to 25,000 tons and has a long-term targeted harvest volume of >100,000
tons.

More information:
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