Atlantic Sapphire

Report Publication Announcement • Jun 20, 2019

Atlantic Sapphire AS: Annual General Meeting

Atlantic Sapphire AS: Annual General Meeting

On June 20th, 2019, Atlantic Sapphire AS held its Annual General Meeting in the offices of Advokatfirmaet CLP, Sommerrogata 13-15, 0255 Oslo, Norway.

Please find enclosed minutes from the meeting in Norwegian and English.

For further information, please contact:

Johan E. Andreassen

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.