Atlantic Sapphire

Report Publication Announcement • Feb 22, 2024

Atlantic Sapphire ASA: Invitation to Presentation of Q4 2023 Operational Update

Atlantic Sapphire ASA: Invitation to Presentation of Q4 2023 Operational Update

Miami, FL, February 22, 2024

The Q4 2023 Operational Update for Atlantic Sapphire ASA will be published on Thursday February 29, 2024 at approximately 10:30 am ET / 16:30 CET.

Atlantic Sapphire ASA invites investors and analysts to a webcast, during which the Operational Update will be presented by management, followed by a Q&A session. The webcast will take place on Thursday February 29, 2024 at 11:00 am ET / 17:00 CET.

Please use the following link to access the webcast: http://tinyurl.com/43p4ch9b

All participants will be on mute. If you would like to ask a question during the Q&A session, please use the Q&A chat function.

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 has been operating its innovation center in Denmark since 2011 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 has identified and obtained the requisite permits to construct its Bluehouse® in the ideal location in Homestead, Florida, just south of Miami. The Company has completed Phase 1 construction, 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.