Atlantic Sapphire ASA: Q2 2025 Trading Update

About this update from Atlantic Sapphire Asa

Miami, FL, July 09, 2025Atlantic Sapphire ASA (along with its subsidiaries the "Company") hasharvesteda total volume of approximately 1,167t HOG in the three months ending June 30,2025 (Q1 2025: 1319t). During the same period, the net biomass gain wasapproximately 1,697t RLW (Q1 2025: 1,449t). Standing biomass at the end of theperiod was 3,235t RLW (Q1 2025: 2,997t). During the second quarter operational performance and biological situation wassatisfactory. Realized average harvest weight in the quarter was 3.1kg HOG (Q12025: 2.6kg). The realized sales price in the quarter was USD 9.27 per kg HOG(Q1 2025: USD 8.30 per kg). For further information, please contact: Gunnar Aasbo-Skinderhaug, Atlantic Sapphire ASA, Deputy CEO/ CFO [email protected] [email protected] About Atlantic Sapphire ASA: Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,locally, and transforming protein production, globally. Atlantic Sapphireoperated its innovation center in Denmark from 2011 until 2021 with a strongfocus on R&D and innovation to equip the Company with the technology andprocedures that enable the Company to commercially scale up production in endmarkets close to the consumer. In the US, the Company holds the requisitepermits and patents to construct its Bluehouse® in an ideal location inHomestead, Florida, just south of Miami. The Company's Phase 1 facility is inoperation, which provides the capacity to harvest up to approximately 9,500tons(HOG) of salmon annually. The Company completed its first commercial harvestinthe US in September 2020. Atlantic Sapphire is currently developing its Phase2expansion, which will bring total annual production capacity to 25,000 tonsandhas a long-term targeted harvest volume of 220,000 tons. This information is published in accordance with the requirements of theContinuing Obligations for companies listed on Euronext Oslo Børs and Section5-12 of the Norwegian Securities Trading Act. https://newsweb.oslobors.no/message/650922

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