Miami, FL ,September 26, 2021 Reference is made to the stock exchange notice onSeptember 7, 2021 regarding an exercise of 35,000 share options by option holders inAtlantic Sapphire ASA and a corresponding resolution by the Board of Directors to issue new shares. The share capital increase relating to the option exercise has now been registered with theNorwegian Register ofBusiness Enterprises . The share capital has been increased withNOK 3,500 through issuance of 35,000 new shares, each with a par value ofNOK 0.10 . The new registered share capital isNOK 9,104,855.10 divided by 91,048,551 shares, each with a par value ofNOK 0.10 . 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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