Miami, FL, 3 May 2024

Please note the following corrected key information regarding the reverse share
split.

Reverse split ratio: 10 old shares give 1 new share

Date on which the corporate action was made public: 2 May 2024

Date of approval: expected 23 May 2024 (annual general meeting)

Last day including right: 29 May 2024

First day exclusive right: 30 May 2024

Record date: 31 May 2024

Other information:
The reverse share split will entail a change of the ISIN of the Company's shares
and a separate stock exchange notice about this will be published later. 

For further information, please contact: 

Johan E. Andreassen, CEO; 

or 

Karl Øystein Øyehaug, CFO 

investorrelations@atlanticsapphire.com

This information is published in accordance with the requirements of the
Continuing Obligations. 

About Atlantic Sapphire ASA 
Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,
locally, and transforming protein production, globally. Atlantic Sapphire
operated its innovation center in Denmark from 2011 until 2021 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 holds the requisite permits and patents to construct its
Bluehouse® in an ideal location in Homestead, Florida, just south of Miami. The
Company's Phase 1 facility is in operation, 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 is currently constructing its Phase 2 expansion, which will bring total
annual production capacity to 25,000 tons, and has a long-term targeted harvest
volume of 220,000 tons.

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© Oslo Bors ASA, source Oslo Stock Exchange