Miami, FL ,September 21, 2021 Karl Øystein Øyehaug, Chief Financing Officer & Managing Director, and primary insider inAtlantic Sapphire ASA , has today acquired 5,550 shares inAtlantic Sapphire ASA at an average price ofNOK 36.0 per share. Following the transaction, Mr. Øyehaug holds 17 655 shares in the Company, corresponding to 0.0% of the total shares outstanding and 28,861 options in the Company. 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 AboutAtlantic 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 inDenmark 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 inHomestead, Florida , just south ofMiami . 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 inSeptember 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.
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