Atlantic Sapphire

Major Shareholding Notification • Nov 21, 2022

Date/time 18.11.2022

IssuerID ASA

Instrument

Market Oslo Børs

Category MAJOR SHAREHOLDING NOTIFICATIONS

Disclosure of significant shareholding in Atlantic Sapphire ASA

This disclosure is made pursuant to Chapter 4, Section 4‐1 of the Norwegian Securities Trading Act.

On 17 November 2022, Pelham Long/Short Small Cap Master Fund Ltd, has changed the instrument type of its long position in Atlantic Sapphire ASA (NO0010768500) which was previously disclosed above the reportable threshold of 10%.

The Pelham Long/Short Small Cap Master Fund Ltd has a shareholding in Atlantic Sapphire ASA of 11,035,908 shares which represents 7.20% of the shares outstanding and voting rights of Atlantic Sapphire ASA, and 3,000,000 in financial Instruments with similar economic effect to shares which represents 1.96% using the denominator of 153,266,400 shares.

The shares and rights to shares are owned by the Pelham Long/Short Small Cap Master Fund Ltd which is a collective undertaking controlled by the Investment Manager, Pelham Capital Ltd.

Pelham Capital Ltd has discretionary authority for the management of another collective undertaking which holds 1,954,344 shares. In aggregate Pelham Capital Ltd exercises control over 15,990,252 shares and financial instruments which represent 10.44% of the shares outstanding and voting rights of Atlantic Sapphire ASA.

If you have any questions with respect to this notification, please contact Fergus Lee, Compliance Officer of Pelham Capital Ltd via email at flee@pelhamcapital.com