Atlantic Sapphire ASA – Share capital decrease registered

09 Jul 2026 15:41 CEST

Miami, Florida, 9 July, 2026
Reference is made to the resolution of the annual general meeting of Atlantic
Sapphire ASA (the "Company") on 30 June 2026 to decrease the share capital.

In said general meeting, it was resolved to decrease the share capital of the
Company with NOK 16,134,320.25 through reduction of the par value of the
Company's shares from NOK 0.50 to NOK 0.05. Such share capital decrease has now
been registered with the Norwegian Register of Business Enterprises.

The new share capital of the Company is NOK 1,792,702.25 divided by 35,854,045
shares, each with a par value of NOK 0.05.

* * *

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

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’s Phase 2
expansion, will bring total annual production capacity to 25,000 tons and the
Company has a long-term targeted harvest volume of >100,000 tons.

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12. This stock exchange release was
published by Gunnar Aasbø-Skinderhaug, at the time and date set out above.

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