Atlantic Sapphire — Capital/Financing Update 2024

Oct 7, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nordlaks Holding AS
2	Reason for the notification
a)	Position/status	Close associate of Deputy Chairman Eirik Welde
b)	Initial notification/	Amendment
	Amendment
3	Details of the issuer
a)	Name	Atlantic Sapphire ASA
b)	LEI	2138007BY85FI48VX666
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	Convertible loan to be raised by Atlantic Sapphire ASA.
	instrument, type of instrument
	Identification code	The convertible loan will not be issued in Euronext Securities Oslo
		(VPS), and will thus not be allocated an ISIN.
b)	Nature of the transaction	Subscription of convertible loan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Par value	0
d)	Aggregated information	The final allocation of loan amounts under the Convertible Loan
			by the Board of Directors of Atlantic Sapphire ASA shows that the
	- Aggregated volume	loan amount allocated to Nordlaks Holding AS is NOK 0.
	- Price
e)	Date of the transaction	7 October 2024
f)	Place of the transaction	Outside a trading venue
		MIC: XOFF

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