Miami, FL, September 7, 2021
 
Pursuant to two employee option agreements from 2017, 35,000 options in the
Company have been exercised.
 
On September 6, 2021, the board of directors of the Company authorized a share
capital increase of NOK 3,500 through issuance of 35,000 new shares, each with a
par value NOK 0.10. The new shares are issued by the Company pursuant to an
authorization granted by the Company's general meeting on May 12, 2021. 
 
The new shares will be subscribed on or before September 8, 2021 and the price
to be paid for each share pursuant to the option agreements is NOK 28. The new
shares are expected to be issued mid-September 2021.
 
For further information, please contact:

Johan E. Andreassen  

Chairman, Atlantic Sapphire ASA, and CEO, Atlantic Sapphire USA LLC