Miami, FL, 28 June 2022

Reference is made to the stock exchange notice from Atlantic Sapphire ASA
("Atlantic Sapphire ASA or the "Company") published on 28 June 2022 regarding
the completion of a private placement raising gross proceeds of approximately
NOK 1,231 million (the "Private Placement") through issuance of new shares (the
"Offer Shares") in the Company with a subscription price of NOK 20.50 per Offer
Share (the "Offer Price"). 

The following persons discharging managerial responsibilities and their close
associates have been allocated Offer Shares in Tranche 2B (as defined in the
stock exchange notice published on 28 June 2022) in the Private Placement at the
Offer Price:

i)	Alsco AS, a close associate of Chairman Johan Andreassen, has been allocated
487,804 Offer Shares, for a total subscription amount of NOK 9,999,982.00