Atlantic Sapphire

Report Publication Announcement • Sep 19, 2019

Atlantic Sapphire AS: 1st Half, 2019 Financial Statements and Update

Atlantic Sapphire AS: 1st Half, 2019 Financial Statements and Update

Miami, FL, September 19th, 2019

Please find attached the Atlantic Sapphire AS operational update and interim financial statements for the 1st half, 2019.

The documents will also be made available on www.atlanticsapphire.com

Atlantic Sapphire's management also invites all interested parties to a conference call, where the operational update will be presented, followed by a Q&A session. The conference call will take place at 11AM EST / 17:00 CET today, September 19th, 2019.

Please use the following call-in details:

Conference ID: 532 728 529#

+1 786-598-2978 United States, Miami (Toll)

+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

For further information, please contact:

Johan E. Andreassen

CEO & Chairman, Atlantic Sapphire AS;

or Karl Øystein Øyehaug

Finance Director, Atlantic Sapphire AS

investorrelations@atlanticsapphire.com

About Atlantic Sapphire AS

Atlantic Sapphire is pioneering BluehouseTM (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire has been operating its innovation center in Langsand, Denmark since 2011 with a strong focus on R&D and innovation to equip the company with technology and procedures that enables 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 BluehouseTM farming in Miami, Florida. The company is well underway with construction of its phase 1 build out which is projected to harvest approximately 10,000 tons of salmon annually, beginning in Q3, 2020. The company has also secured the key US water permits to produce up to 90,000 tons onsite, annually.