Atlantic Sapphire

Major Shareholding Notification • Oct 7, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nordlaks Holding AS
2	Reason for the notification
a)	Position/status	Close associate of Deputy Chairman Eirik Welde
b)	Initial notification/ Amendment	Initial notification
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	Warrants in Atlantic Sapphire ASA. Each warrant gives the holder
	instrument, type of instrument	the right to require issuance of one (1) new share in Atlantic
	Identification code	Sapphire ASA at a subscription price varying between NOK 0.115
		to NOK 0.13 (or as subsequently adjusted) depending on when
		the warrants are exercised.
		ISIN NO 0013340802.
b)	Nature of the transaction	Subscription of warrants in connection with the subscription of
		Offer Shares pursuant to the underwriting obligation and for the
		underwriting obligation in the Rights Issue. The warrants have
		been granted free of charge.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Zero	48,161,689
		Zero	802,125,000
d)	Aggregated information	- 48,161,689 warrants have been subscribed for Offer
		Shares pursuant to the underwriting obligation; and
	- Aggregated volume	- 802,125,000 warrants have been subscribed for the
	- Price	underwriting obligation in the Rights Issue.
		A total of 850,286,689 warrants subscribed, with no price
		payable.
e)	Date of the transaction	7 October 2024
f)	Place of the transaction	Outside of trading venue

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