Atlantic Sapphire

AGM Information • May 12, 2021

Atlantic Sapphire ASA: Annual General Meeting Concluded

Atlantic Sapphire ASA: Annual General Meeting Concluded

Miami, FL, May 12, 2021

On May 12, 2021, Atlantic Sapphire ASA held its annual general meeting in the offices of Atlantic Sapphire ASA in Miami, FL, USA. All items proposed on the agenda were adopted.

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

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

This information is such that Atlantic Sapphire ASA is required to disclose in accordance with the EU Market Abuse Regulation.

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.