Yokohama/Bergen, 18 September 2025: 
In connection with amended bond terms allowing for conversion to shares in
Proximar Seafood AS (the "Company") at a Temporary Adjusted Conversion Price, as
announced 16 September 2025, the following close associates to primary insiders
of the Company has applied to convert bonds to new shares in the Company: 
 
- Orkan Konsult AS
- Kvasshøgdi AS AS
- Grieg Kapital AS
 
See attached for associated forms.

Delivery of conversions shares remain subject to inter alia a successful
completion of the announced Rights Issue. 
This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.