Atlantic Sapphire

Report Publication Announcement • Aug 26, 2021

Atlantic Sapphire ASA: First Half 2021 Report and Operational Update

Atlantic Sapphire ASA: First Half 2021 Report and Operational Update

Miami, FL, August 26, 2021

Please find attached the Atlantic Sapphire ASA interim financial statements for the First Half 2021 and an Operational Update. The Operational Update also includes an Intro to the Phase 2 construction project in the US.

The documents will be made available at www.atlanticsapphire.com/investor-relations.

Atlantic Sapphire ASA invites all interested parties to a video conference call, during which the Company’s interim First Half 2021 Report and Operational Update will be presented by management, followed by a Q&A session.

The video conference call will take place today 12:00 pm EST / 18:00 CEST.

Please use the following link to access the video conference call: https://bit.ly/3kbbAY4

or the following call-in details:

Conference ID: 824 098 009#

+1 786-598-2978 United States, Miami

+1 347-630-9328 United States, New York

+47 21 40 21 39 Norway, Oslo

+44 20 3794 0298 United Kingdom, London

+45 32 72 47 39 Denmark, Copenhagen

+46 8 505 329 62 Sweden, Stockholm

+41 43 210 57 10 Switzerland, Zurich

All participants will be on mute during the presentation. If you would like to ask a question during the Q&A session, please unmute yourself if using the link or by pressing “*6” if you are calling in.

For further information, please contact:

Johan E. Andreassen

Chairman, Atlantic Sapphire ASA, and CEO, Atlantic Sapphire USA LLC;

Karl Øystein Øyehaug

Managing Director, Atlantic Sapphire ASA, and Chief Financing Officer, Atlantic Sapphire USA LLC

investorrelations@atlanticsapphire.com

About Atlantic Sapphire ASA

Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire has been operating its innovation center in Denmark since 2011 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 has identified and obtained the requisite permits to construct its Bluehouse® in the ideal location in Homestead, Florida, just south of Miami. The Company has completed Phase 1 construction, which provides the capacity to harvest approximately 10,000 tons (HOG) of salmon annually. The Company completed its first commercial harvest in the US in September 2020. Atlantic Sapphire has secured the key US water permits to produce up to 90,000 tons onsite, and has a targeted harvest volume in 2031 of 220,000 tons.