Atlantic Sapphire

Report Publication Announcement • May 24, 2024

Atlantic Sapphire ASA: 2023 Integrated Annual Report in European Single Electronic Format (ESEF)

Atlantic Sapphire ASA: 2023 Integrated Annual Report in European Single Electronic Format (ESEF)

Miami, FL, May 24, 2024

Reference is made to the stock market announcement from Atlantic Sapphire ASA (the "Company") on April 18, 2024, in which the 2023 Integrated Annual Report was published together with a link to the Company's webpage, where the same report was also made available in the European Single Electronic Format ("ESEF"). Please find attached to this release the same, unchanged 2023 Integrated Annual Report in the ESEF format.

For further information, please contact:

Johan E. Andreassen

CEO

or

Karl Øystein Øyehaug

CFO

investorrelations@atlanticsapphire.com

This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

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.