Bergen, Norway - 12 May 2023 - Proximar Seafood AS (PROXI) today reported its
first quarter 2023 results. 

"We are making progress on all fronts, but I am especially pleased with the
achievements on financing and the experience from the facility so far.
Construction still progress according to plan and we are now in the final
stage," says Joachim Nielsen, CEO of Proximar Seafood.  

For more information, please see the presentation for the first quarter 2023
attached. 

Proximar Seafood will present its financial results for the first quarter 2023
on Friday 12 May 2023, at 09:00 CEST. 

The investor presentation will be streamed and will be hosted by CEO Joachim
Nielsen and CFO Pål K. Grimsrud. The presentation will be held in English and
questions can be submitted throughout the event. 

The streaming event is available through:
https://events.webcast.no/proximar/WPgEi7jAgRrU8CA2Kgm8/WgAN3XW7DDLrcmXb3qeU

For further information, please contact: 
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@proximar.com 
Joachim Nielsen, CEO, +81 70 2811 9898, jn@proximar.com 

About Proximar Seafood 
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility and production at the foot of Mount Fuji in Japan. The
company inserted its first batch of eggs in October 2022 and has currently
inserted batch number five. Through land-based salmon farming, using
high-quality ground water secured close to Mount 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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