Atlantic Sapphire

Report Publication Announcement • Jun 21, 2018

ATLANTIC SAPPHIRE AS - COMPLETED ORDINARY GENERAL MEETING

ATLANTIC SAPPHIRE AS - COMPLETED ORDINARY GENERAL MEETING

21 June, 2018

Atlantic Sapphire AS has today completed an ordinary general meeting.

All resolutions were passed in accordance with the proposals set out in the notice for the ordinary general meeting. Please find attached the signed minutes of the ordinary general meeting.

For further information, please contact:

Johan E. Andreassen

Chairman, Atlantic Sapphire AS

E-mail: johan@atlanticsapphire.com

Cell Phone: +1 (786) 340-3455

About Atlantic Sapphire AS

Atlantic Sapphire is pioneering BluehouseTM (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire has been operating its innovation center in Langsand, Denmark since 2011 with a strong focus on R&D and innovation to equip the company with technology and procedures that enables the company to commercially scale up production in end markets close to the consumer.

In the US, the company has spent over 7 years to identify and permit the ideal location for Bluehouse farming in Miami, Florida. The company is well underway with construction of its phase 1 build out which will enable approximately 10,000 tons of salmon production annually. The company has also secured the key water permits to produce up to 90,000 tons onsite, annually.