Proximar Seafood AS — Director's Dealing 2023

Nov 16, 2023

PROXI: Mandatory notification of trade – closely associated party to primary insider

PROXI: Mandatory notification of trade – closely associated party to primary insider

Proximar Seafood AS ("Proximar" or "The Company") has been

notified that the following closely associated company to primary insider in Proximar has sold shares

in the Company:

Kvasshovd AS, related party to primary insider Katrine Trovik, has on November 15 2023 sold 131,435 shares in Proximar Seafood AS at an average price of NOK 4,022. After this transaction, Kvasshovd AS holds a total of 668,565 shares in Proximar Seafood AS.

This information is subject to the disclosure requirements pursuant to the EU

Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities

Trading Act.

For further information, please contact:

Ole Christian Willumsen, CFO, Proximar Seafood AS

Phone: +47 48213429

E-mail: ocw@proximar.com

About Proximar Seafood

Proximar Seafood is a Norwegian land-based salmon farming company with its first production facility and production at the foot of Mount Fuji in Japan. The company inserted its first batch of eggs in October 2022 and plans first harvest in Q3 2024. Through land-based salmon farming, using high-quality ground water secured close to Mount Fuji, the company will produce fresh Atlantic Salmon, harvested the same day. Proximar's location, near one of the world's most important fish markets, implies significant advantages, both in terms of reduced cost and carbon footprint.