Atlantic Sapphire

Report Publication Announcement • May 2, 2023

Atlantic Sapphire ASA: Notice of Annual General Meeting

Atlantic Sapphire ASA: Notice of Annual General Meeting

Miami, FL, May 2, 2023

The Annual General Meeting will be held electronically on May 23, 2023 at 11:00 EST / 17:00 CEST.

The notice with the full agenda is attached both in Norwegian and English, and contains the following attachments: (1) The Board's proposal for resolution in item 4 – 16, (2) The shareholders' rights, participation and proxy, (3) Information on electronic general meetings and (4) Registration and proxy form.

For further information, please contact:

Johan E. Andreassen

Chairman, Atlantic Sapphire ASA, and CEO, Atlantic Sapphire USA LLC

Karl Øystein Øyehaug

Managing Director, Atlantic Sapphire ASA, and Chief Financial Officer, Atlantic Sapphire USA LLC

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.