Yokohama/Bergen, 31 May 2024.

Proximar is pleased to announce that Yasumitsu Himeno will join the company as
Corporate Development Director in Proximar Ltd, starting 3 June. In conjunction
with him taking a position in the administration, he will resign from the Board
of Directors of Proximar Seafood AS.

Himeno brings more than 30 years' experience from the Japanese and international
financial markets, covering a broad range of experience including project
finance, structured finance, M&A, and private equity. Since 2021, he has been
working for a family-owned company based in Japan. Himeno has previously been
working with companies including Sojitz, Glencore, Morgan Stanley, Merrill
Lynch, The World Bank Group and Sumitomo Mitsui Trust Bank. 

"I am very excited to have Himeno join our administration in Proximar. His broad
experience from finance in Japan will be an important contribution to our
financing strategy and in positioning Proximar for the future. He has an
extensive network through his long and broad experience in the Japanese
financial industry, which will be important as we now develop our Japanese
foothold going forward" say Joachim Nielsen, CEO of Proximar.

Following the resignation of Yasumitsu Himeno from the Board of Directors, the
Board will now consist of 5 members.

For more information, please contact: 
Joachim Nielsen, CEO, +81 70 2811 9898, jn@proximar.com

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

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 its first
harvest in September 2024. Through land-based salmon farming, using high-quality
groundwater 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.