Atlantic Sapphire

Related Party Transaction • Oct 7, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Condire Management L.P.
2	Reason for the notification
a)	Position/status	Close associate of Board observer Ryan Schedler
b)	Initial notification/ Amendment	Amendment
3	Details of the issuer
a)	Name	Atlantic Sapphire ASA
b)	LEI	2138007BY85FI48VX666
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Convertible loan to be raised by Atlantic Sapphire ASA. The convertible loan will not be issued in Euronext Securities Oslo (VPS), and will thus not be allocated an ISIN.
b)	Nature of the transaction	Subscription of convertible loan
c)	Price(s) and volume(s)	Price(s) Par value	Volume(s) 213,900,000
d)	Aggregated information - Aggregated volume - Price	The final allocation of loan amounts under the Convertible Loan by the Board of Directors of Atlantic Sapphire ASA shows that the loan amount allocated to Condire Management L.P. is NOK 213,900,000.
e)	Date of the transaction	7 October 2024
f)	Place of the transaction	Outside a trading venue MIC: XOFF

Notification and public disclosure of transactions by Primary Insiders and their Close Associates