Atlantic Sapphire — Director's Dealing 2024

Aug 21, 2024

Atlantic Sapphire ASA: Mandatory notification of trade

Atlantic Sapphire ASA: Mandatory notification of trade

Miami, 21 August 2024:

On 21 August 2024, Blue future holding AS (a close associate of Board member Patrick Dempster) has sold shares in Atlantic Sapphire ASA.

Please refer to the attached notification forms for further information.

For further information, please contact:

Pedro Courard

CEO

or

Gunnar Aasbo-Skinderhaug

Deputy CEO and CFO

investorrelations@atlanticsapphire.com

This information is subject to the disclosure requirements pursuant to the

Norwegian Securities Trading Act section 5-12.

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.

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