Mandatory notification of trade by Primary Insiders

Proximar Seafood AS ("Proximar" or "The Company") has been notified that a company closely associated with Kjell-Erik Østdahl, Chairperson and primary insider in Proximar today, 23 August 2024, has purchased 2 million of the convertible bonds held by the Company at pari. Furthermore, the Company has been notified that Joachim WG AS, a company closely associated with Per Grieg, board member and primary insider in Proximar today, 23 August 2024, has purchased 2 million of the convertible bonds held by the Company at pari. This information is subject to disclosure requirements pursuant to the EU Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Ole Christian Willumsen, CFO, on 23 August 2024. 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.