Proximar Seafood AS ("Proximar" or "The Company") has been
notified that the following closely associated company to primary insider in
Proximar has sold shares
in the Company:

Kvasshovd AS, related party to primary insider Katrine Trovik, has on November
17 2023 sold 78,565 shares in Proximar Seafood AS at an average price of NOK
3.800. After this transaction, Kvasshovd AS holds a total of 590,000 shares in
Proximar Seafood AS. 

The reason for the two recent transactions is that Kvasshovd AS needs liquidity
and as a primary insider has a small windows to undertake trades. These
transactions do not affect its faith in the Company, and Kvasshovd AS will
continue to be a shareholder in Proximar and has no further plans to reduce its
position.

This information is subject to the disclosure requirements pursuant to the EU
Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities
Trading Act.

For further information, please contact: 
Ole Christian Willumsen, CFO, Proximar Seafood AS 
Phone: +47 48213429 
E-mail: ocw@proximar.com

About Proximar Seafood
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility and production at the foot of Mount Fuji in Japan. The
company inserted its first batch of eggs in October 2022 and plans first harvest
in Q3 2024. Through land-based salmon farming, using high-quality ground water
secured close to Mount Fuji, the company will produce fresh Atlantic Salmon,
harvested the same day. Proximar's location, near one of the world's most
important fish markets, implies significant advantages, both in terms of reduced
cost and carbon footprint.