Miami, FL, September 16, 2020

Alexander Reus, board member and primary insider, has acquired 30,000 shares at
an average price of NOK 105.50. Following the transaction, Alexander Reus holds
1,553,351 shares in the Company, corresponding to 1.9% of the total shares
outstanding in the Company.

For further information, please contact:

Johan E. Andreassen 
Chairman, Atlantic Sapphire ASA; 

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

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 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, beginning in Q3, 2020. 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.

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