Atlantic Sapphire

Major Shareholding Notification • Oct 2, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Condire Management L.P.
2	Reason for the notification
a)	Position/status	Close associate of Board observer Ryan Schedler
b)	Initial notification/	Initial notification
	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	Warrants in Atlantic Sapphire ASA. Each warrant gives the holder
	instrument, type of instrument	the right to require issuance of one (1) new share in Atlantic
	Identification code	Sapphire ASA at a subscription price varying between NOK 0.115
		to NOK 0.13 (or as subsequently adjusted) depending on when
		the warrants are exercised.
b)	Nature of the transaction	ISIN NO 0013340802.
		Subscription of warrants in rights issue. The warrants have been granted free of charge.
c)	Price(s) and volume(s)	Price(s) Volume(s)
		Zero 438,978,980
d)	Aggregated information	A total of 438,978,980 warrants subscribed, with no price
	- Aggregated volume	payable.
	- Price
e)	Date of the transaction	1 October 2024
f)	Place of the transaction	Outside of trading venue

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