Atlantic Sapphire

Related Party Transaction • Jun 28, 2022

1 Details of the person discharging managerial responsibilities/person closely associated a) Name JEA Invest AS 2 Reason for the notification a) Position/status Close associate of chairman Johan E. Andreassen 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 Shares of Atlantic Sapphire ASA ISIN: NO0010768500 b) Nature of the transaction Lending of shares to DNB Markets, a part of DNB Bank ASA, in connection with a private placement. c) Price(s) and volume(s) Price(s) Volume(s) Zero 1,073,770 d) Aggregated information - Aggregated volume - Price A total of 1,073,770 shares will be lent out, with no price payable e) Date of the transaction 28 June 2022 f) Place of the transaction Outside trading venue

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