Atlantic Sapphire

Report Publication Announcement • Apr 14, 2021

Atlantic Sapphire ASA: Integrated Annual & ESG Report for 2020 and Q1 2021 Operational Update

Atlantic Sapphire ASA: Integrated Annual & ESG Report for 2020 and Q1 2021 Operational Update

Miami, FL, April 14, 2021

Please find the audited 2020 Annual Report for Atlantic Sapphire ASA attached, integrated with the 2020 ESG Report.

Atlantic Sapphire reports financials semi-annually but aims to update its stakeholders more frequently. As such, please find attached the Company’s April 2021 operational update, which includes details regarding operations, construction and price achievement in Q1 2021.

Such Integrated Annual Report and the operational update will be made available at www.atlanticsapphire.com/investor-relations.

The Company also invites all interested parties to a video conference call, during which the Company’s operational update will be presented, followed by a Q&A session. The video conference call will take place at 9 AM EST / 15:00 CET on April 15, 2021.

Please use the following link: https://bit.ly/3uSTcXZ

or the following call-in details:

Conference ID: 812 190 537#

+1 786-598-2978 United States, Miami

+1 347-630-9328 United States, New York

+47 21 40 21 39 Norway, Oslo

+44 20 3794 0298 United Kingdom, London

+45 32 72 47 39 Denmark, Copenhagen

+46 8 505 329 62 Sweden, Stockholm

+41 43 210 57 10 Switzerland, Zurich

All participants will be on mute during the presentation. If you would like to ask a question during the Q&A session, please unmute yourself if using the link or by pressing “*6” if you are calling in.

For further information, please contact:

Johan E. Andreassen

Chairman, Atlantic Sapphire ASA;

Karl Øystein Øyehaug

Chief Financing Officer & Managing Director, Atlantic Sapphire ASA

investorrelations@atlanticsapphire.com

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 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 since 2010 worked to identify and permit the ideal location for Bluehouse® farming in Miami, Florida. The Company is close to completion of its phase 1 build out which is projected to harvest approximately 10,000 tons of salmon annually and performed its first commercial harvest in the US in September 2020. The Company has secured the key US water permits to produce up to 90,000 tons onsite, and has a targeted harvest volume in 2031 of 220,000 tons.