15 November 2023: Reference is made to the stock exchange notice published 13
November 2023 regarding conversion of parts of the convertible bond ("Bonds")
with ISIN NO0012733387 issued by Proximar Seafood AS (the "Company").

The share capital increase pertaining to the conversion of 700,000 Bonds has
been registered in the Norwegian Register of Business Enterprises (Nw.:
Foretaksregisteret).

Following such share capital increase, the Company's share capital is NOK
5,967,278 consisting of 59,672,780 shares each with a par value of NOK 0.1. The
new shares pertaining to the share capital increase are recorded in the VPS
today. 

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.

For more information, please contact:  
Ole Chr. Willumsen, CFO, +47 48 21 34 29, ocw@proximar.com