Miami, FL ,April 9, 2024 Atlantic Sapphire ASA (together with its subsidiaries, the "Company") harvested a total volume of approximately 1,150t HOG in the three months endedMarch 31, 2024 , while the net biomass gain for the same period was approximately 1,200t RLW. The Q1 2024 Operational Update forAtlantic Sapphire ASA (the "Operational Update") and the Integrated Annual and ESG Report for 2023 will be published onThursday April 18, 2024 at approximately10:30 am ET /16:30 CET .Atlantic Sapphire ASA invites investors and analysts to a webcast, during which the Operational Update will be presented by management, followed by a Q&A session. The webcast will take place onThursday April 18, 2024 at11:00 am ET /17:00 CET . Please use the following link to access the webcast: https://tinyurl.com/253s9a9z All participants will be muted during the webcast. If you would like to ask a question during the Q&A session, please use the Q&A chat function. For further information, please contact:Johan E. Andreassen CEO or Karl Øystein Øyehaug CFO investorrelations@atlanticsapphire.com This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12. AboutAtlantic Sapphire ASA Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming, locally, and transforming protein production, globally.Atlantic Sapphire operated its innovation center inDenmark from 2011 until 2021 with a strong focus on R&D and innovation to equip the Company with the technology and procedures that enable the Company to commercially scale up production in end markets close to the consumer. In the US, the Company holds the requisite permits and patents to construct its Bluehouse® in an ideal location inHomestead, Florida , just south ofMiami . The Company's Phase 1 facility is in operation, which provides the capacity to harvest approximately 10,000 tons (HOG) of salmon annually. The Company completed its first commercial harvest in the US inSeptember 2020 .Atlantic Sapphire is currently constructing its Phase 2 expansion, which will bring total annual production capacity to 25,000 tons, and has a long-term targeted harvest volume of 220,000 tons.
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