Aqua Bio Technology — Share Issue/Capital Change 2024

Apr 25, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Varming Holding AS
2	Reason for the notification
a)	Position/status	Close associate of CFO Jan Varming
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer
a)	Name	Aqua Bio Technology ASA
b)	LEI	5967007LIEEXZXGGEO44
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
		transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Shares of Aqua Bio Technology ASA
	instrument, type of instrument
	Identification code	ISIN: 0010307135
b)	Nature of the transaction	New shares to settle the share element of an earn-out pursuant
		to an agreement dated 28 June 2022 and an amendment
		agreement dated 23 April 2024.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		8.20	4,976,704
d)	Aggregated information
		A total of 4,976,704 shares, each at a subscription price of NOK 8.20, corresponding to a total subscription amount of NOK
	- Aggregated volume
	- Price	38,613,267, to be settled through debt conversion by way of-set
		off.
e)	Date of the transaction	23 April 2024
f)	Place of the transaction	Outside of trading venue
		MIC: XOFF

Notification and public disclosure of transactions by Primary Insiders and their Close Associates