Miami, FL, 13 July 2022

An extraordinary general meeting will be held digitally on 3 August 2022 at
06:00 EST / 12:00 CEST. The sole decision item on the agenda is Board election.
In accordance with the recommendation of the nomination committee, it is
proposed that Mr. Kenneth Andersen, CEO of Strawberry Equities AS, is elected as
member of the Board of Directors. Mr. Runar Vatne has indicated that he is ready
to resign from the Board of Directors in order to make a board seat available
for Mr. Andersen. 

The notice with the full agenda is attached both in Norwegian and English, and
contains the following attachments: (1) The Board's proposal for resolution in
item 4, (2) The shareholders' rights, participation and proxy, (3) Registration
and proxy form and (4) guidelines on digital attendance at the general meeting.

For further information, please contact:

Johan E. Andreassen 
Chairman, Atlantic Sapphire ASA, and CEO, Atlantic Sapphire USA LLC