Atlantic Sapphire ASA: First U.S. harvest completed

Miami, FL, September 28, 2020

Atlantic Sapphire ASA has today completed the first commercial harvest from its
Miami Bluehouse facility.

See the attached release for more details.

For further information, please contact:

Johan E. Andreassen 
Chairman, Atlantic Sapphire ASA; 

Karl Øystein Øyehaug 
Managing Director & Interim CFO, Atlantic Sapphire ASA

[e-mail]

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 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 since 2010 worked to identify and permit the ideal
location for Bluehouse® farming in Miami, Florida. The company is close to
completion of its phase 1 build out which is projected to harvest approximately
10,000 tons of salmon annually. The company has also 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.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange