Proximar Seafood AS: Share lending agreement

Bergen, Norway/Yokohama, Japan – 28 April 2023. Reference is made to the stock exchange announcement by Proximar Seafood AS (“Proximar” or the “Company”) on 27 April 2023 regarding a contemplated private placement (the "Private Placement") and the subsequent announcement on 28 April 2023 regarding the successful placement of the private placement. In order for the Company to be able to promptly deliver existing shares to investors, the Company has entered into a share lending agreement with Daimyo Invest AS, whereby Daimyo Invest AS will lend 2,278,745 shares in the Company to the bookrunners, ABG Sundal Collier ASA and Arctic Securities AS. The borrowed shares will be redelivered by way of Proximar issuing new shares to Daimyo Invest AS. For more information, please contact: Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@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 has inserted its fifth batch of eggs since October 2022. Through land-based fish farming, using high-quality ground water 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.