Atlantic Sapphire

Share Issue/Capital Change • Jan 22, 2025

Atlantic Sapphire ASA: Ex. reverse split of shares and warrants today

Atlantic Sapphire ASA: Ex. reverse split of shares and warrants today

Reference is made to the stock exchange announcement made on 20 January 2025 with key information regarding the reverse split of the shares and warrants issued by Atlantic Sapphire ASA (the "Company").

The shares and warrants issued by the Company are trading exclusive the reverse split as of today, as described below.

• Issuer: Atlantic Sapphire ASA

• Ex-date: 22 January 2025

• Type of corporate action: Reverse split of shares and warrants

For further information, please contact:

Gunnar Aasbø-Skinderhaug, Atlantic Sapphire ASA, Deputy CEO/ CFO

Gunnar@atlanticsapphire.com

Investorrelations@atlanticsapphire.com

About Atlantic Sapphire ASA:

Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire operated its innovation center in Denmark from 2011 until 2021 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 holds the requisite permits and patents to construct its Bluehouse® in an ideal location in Homestead, Florida, just south of Miami. The Company's Phase 1 facility is in operation, which provides the capacity to harvest up to approximately 9,500 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.

This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Oslo Børs and Section 5-12 of the Norwegian Securities Trading Act.