Atlantic Sapphire ASA: Notice of Extraordinary General Meeting

Miami, FL, 25 August 2026

Reference is made to the stock exchange notice by Atlantic Sapphire ASA (the
"Company") on 24 August 2026 regarding, inter alia, the transfer of the initial
tranches of the Bridge Loan, including origination fee and accrued interests, to
Coral HoldCo AS and the contemplated subsequent conversion into new shares in
the Company, at a price per new share of NOK 0.10. The initial tranches
transferred under the Bridge Loan amounted at the time of transfer to a total of
USD 12,030,833, which was converted into NOK upon receipt on 24 August at a USD/
NOK exchange rate of 9.29.

In order to formally approve the conversion of the Bridge Loan, including
origination fee and accrued interests, the Company's Board of Directors (the
"Board") hereby calls for an extraordinary general meeting to be held digitally
on 15 September 2026 at 16.00 CEST. 

The notice with the full agenda is attached hereto in both Norwegian and
English.

For further information, please contact:
Gunnar Aasbo-Skinderhaug
Atlantic Sapphire ASA, Deputy CEO/ CFO 
Email: gunnar@atlanticsapphire.com 
investorrelations@atlanticsapphire.com



About Atlantic Sapphire ASA 
Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,
locally, and transforming protein production, globally. Atlantic Sapphire
operated its innovation center in Denmark from 2011 until 2021 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 holds the requisite
permits and patents to construct its Bluehouse® in an ideal location in
Homestead, Florida, just south of Miami. The Company's Phase 1 facility is in
operation, which provides the capacity to harvest up to approximately
7,500-8,500 tons (HOG) of salmon annually. The Company completed its first
commercial harvest in the US in September 2020. Atlantic Sapphire's Phase 2
expansion, will bring total annual production capacity to 25,000 tons and the
Company has a long-term targeted harvest volume of >100,000 tons. 

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation and the Norwegian Securities Trading Act section 5-12.
This stock exchange release was published by Gunnar Aasbø-Skinderhaug, at the
time and date set out above.
lished by Gunnar Aasbø-Skinderhaug\, at the\
time and date set out above.\