PROXIMAR SEAFOOD 15 June 2023 : Reference is made toProximar Seafood AS' (the "Company") convertible bond with ISIN NO0012733387 (the "Bonds") issued on25 October 2022 . The Company has received conversion notice for a total of 4,000,000 Bonds, which pursuant to the bond terms are convertible into 800,000 new shares in the Company at a conversion price ofNOK 5 . The share capital increase pertaining to the conversion of 4,000,000 Bonds has been registered in theNorwegian Register ofBusiness Enterprises (Nw.: Foretaksregisteret). Following such share capital increase, the Company's share capital isNOK 5,905,278 consisting of 59,052,780 shares each with a par value ofNOK 0.1 . The new shares pertaining to the share capital increase are expected to be recorded in the VPS later today. For more information, please contact:Joachim Nielsen , CEO, +81 70 2811 9898, jn@proximar.comPål K. Grimsrud , CFO, +47 99 47 75 99, pkg@proximar.com AboutProximar Seafood Proximar Seafood is a Norwegian land-based salmon farming company with its first production facility and production at the foot ofMount Fuji inJapan . The company inserted its first batch of eggs inOctober 2022 . Through land-based salmon farming, using high-quality ground water secured close toMount Fuji , the company will produce fresh Atlantic Salmon, harvested the same day. Proximar's location, near one of the world's most important fish markets, implies significant advantages, both in terms of reduced cost and carbon footprint.
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