Atlantic Sapphire — Director's Dealing 2024

May 16, 2024

1 Details of the person discharging managerial responsibilities/person closely associated a) Name Valerie Ann Leath 2 Reason for the notification a) Position/status Director of HR b) Initial notification/ Amendment Initial notification 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 instrument, type of instrument Identification code Options for shares in Atlantic Sapphire ASA ISIN: NO 001 0768500 b) Nature of the transaction Grant of share options c) Price(s) and volume(s) Price(s) Volume(s) 1.15 110,000 d) Aggregated information - Aggregated volume - Price Grant of a total of 110,000 share options, each at a strike price of NOK 1.15. Four-year vesting period with 25% vesting each year. All options expire on 16 May 2029. Each option gives the holder the right upon exercise to purchase one new share in the Company. e) Date of the transaction 16 May 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