Reference is made to the resolution by the extraordinary general meeting of
Atlantic Sapphire ASA (the "Company") on 20 December 2024 where it was resolved
to carry out a reverse share split in the ratio of 200:1. Further, pursuant to
the terms of the warrants resolved issued by the Company's extraordinary general
meeting on 17 September 2024 (the "Warrants"), the Warrants shall be
consolidated in the same ratio as the shares. The exercise prices of the
Warrants shall also be adjusted to reflect the consolidation of the Warrants.
For information on the exercise prices for the Warrants and its other terms and
conditions, please refer to the Company's stock exchange notice dated 18 October
2024 with further references.

Holders of the Company's shares and Warrants who do not own a number of shares
and/ or Warrants which can be divided by 200 shall in connection with the
reverse split have their holdings of shares and/ or Warrants rounded downwards.
Fractional shares and Warrants will not be issued, and the Company's Board of
Directors will ensure that the fractional shares and Warrants are added together
and sold at the Oslo Stock Exchange with net proceeds from the sale being
donated to a charitable purpose.

Key information for the reverse split of the shares and the Warrants is set out
below.

o	Date on which the corporate action was made public: 29 November 2024

o	Consolidation ratio for shares and Warrants: 200:1. 200 old shares give one
new share / 200 old Warrants give one new Warrant.

o	Last day including right: 21 January 2025

o	First day excluding right (Ex date): 22 January 2025

o	Record date: 23 January 2025

o	Date of approval: 20 December 2024

In connection with the reverse split of the shares, the Company's shares will be
transferred to a new ISIN. Key information for the change of ISIN is set out
below:

o	Issuer: Atlantic Sapphire ASA
o	Previous ISIN: NO 001 3249896
o	New ISIN: NO 001 3464750
o	Date of ISIN change: 22 January 2025

The Warrants will retain the same ISIN as used today. In order to facilitate the
technical completion of the consolidation of the Warrants in the VPS, the
Warrants will be suspended from trading on the Oslo Stock Exchange (ticker ASAS)
in the period from and including 22 January 2025 to and including 23 January
2025.

For further information, please contact:

Gunnar Aasbø-Skinderhaug, Atlantic Sapphire ASA, Deputy CEO/ CFO 
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 9,500 tons (HOG) of salmon annually. The Company
completed its first commercial harvest in the US in September 2020. Atlantic
Sapphire is currently constructing its Phase 2 expansion, which will bring total
annual production capacity to 25,000 tons and has a long-term targeted harvest
volume of 220,000 tons.

This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Oslo Børs and Section
5-12 of the Norwegian Securities Trading Act.