Atlantic Sapphire

Share Issue/Capital Change • May 28, 2024

Atlantic Sapphire ASA: Key Information Relating to Change of ISIN

Atlantic Sapphire ASA: Key Information Relating to Change of ISIN

Miami, FL, May 28, 2024

Reference is made to the key information notice published by Atlantic Sapphire ASA ("Atlantic Sapphire" or the "Company") on May 3, 2024 regarding the reverse share split of the Company's shares as resolved by the annual general meeting on May 23, 2024.

The reverse share split entails a change of the ISIN of the Company's shares. Please see below key information about the ISIN change.

Issuer: Atlantic Sapphire ASA

Previous ISIN: NO 001 0768500

New ISIN: NO 001 3249896

Date of ISIN change: 30 May 2024

For further information, please contact:

Johan E. Andreassen, CEO;

or

Karl Øystein Øyehaug, CFO

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 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.