AQUA BIO TECHNOLOGY ASA: KEY INFORMATION RELATING TO THE SUBSEQUENT OFFERING

Reference is made to the announcement by Aqua Bio Technology ASA on 17 August
2020 concerning, inter alia, two private placement with total gross proceeds of
NOK 12.6 million and a contemplated subsequent offering (the "Subsequent
Offering").

Date on which the terms of the Subsequent 17 August 2020
Offering was announced:

Last day including right: 17 August 2020

First day excluding right: 18 August 2020

Record date: 19 August 2020

EGM date: On or about 11 September 2020

Maximum number of new shares: Will be announced later.

Subscription price: NOK 5.00

Shall the rights be listed No

The formal resolution (including final number of shares to be offered) related
to the Subsequent Offering will be made by the board of directors at a later
time, and further information will be given in due course.

This information is published in accordance with the requirements of the
Continuing Obligations.