Bergen/Yokohama, 2 December 2024: Proximar Seafood AS ("Proximar" or the
"Company") is pleased to announce that Mr. Yoshihito Ito will take the position
as Managing Director of Proximar Ltd. starting 2 December.

Mr. Ito brings extensive senior management experience and has for the last 24
years been working for Nutreco and Skretting. Since 2010 he has held the
position as General Manager of Skretting Japan, and since 2021 also as General
Manager of Nutreco Japan.

"I am pleased to have Mr. Ito join Proximar. His brings in-depth aquaculture
know-how as well as extensive international and Japanese management experience
to the Company. Furthermore, his long-term experience from operations and
production will be important for Proximar in the on-going transition from a from
a project company to a production company" says Joachim Nielsen, CEO of Proximar
Seafood AS.

Prior to working at Skretting, he worked for Nippon Roche K.K. and was a member
of the global aquaculture expert team in the Roche Group. 

Mr. Ito holds a Master of Science in Fisheries from Kagoshima University in
Japan.

For further information, please contact:
Joachim Nielsen, CEO, +81 70 28 11 98 98, jn@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 carried out its
first harvest on 30 September 2024. Proximar's brand and logo (Fuji Atlantic
Salmon) were officially launched in October at our partner Marubeni
Corporation's head quarter in Tokyo. Through land-based salmon farming, using
high-quality groundwater secured close to Mount Fuji, the company produces 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.