Atlantic Sapphire

Director's Dealing • Oct 11, 2023

1 Details of the person discharging managerial responsibilities/person closely associated a) Name Karl Øystein Øyehaug 2 Reason for the notification a) Position/status Chief Financial Officer 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 instrument, type of instrument Identification code Shares of Atlantic Sapphire ASA ISIN: NO 001 0768500 (will initially be issued on the separate ISIN NO 001 3048173, until a listing prospectus has been approved and published). b) Nature of the transaction Subscription of shares in Tranche 2 of a private placement c) Price(s) and volume(s) Price(s) Volume(s) 1.40 137,362 d) Aggregated information - Aggregated volume - Price A total of 137,362 new shares subscribed at a price per share of NOK 1.40, corresponding to a total subscription amount of NOK 192,306.80. e) Date of the transaction 11 October 2023 f) Place of the transaction Outside of trading venue MIC: XOFF

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