Proximar Seafood AS: New share capital registered

Yokohama/Bergen, 10 October 2024: Reference is made to the stock exchange announcement published by Proximar Seafood AS (the "Company") on 6 October 2025 regarding the final result of the rights issue in the Company, where a total of 150,000,000 shares were subscribed and allocated at a subscription price of NOK 1 per share (the "Offer Shares"), and the issuance of 13,500,000 new shares at a subscription price of NOK 1 per share (the "Underwriting Commission Shares") to the underwriters of the rights issue as settlement of their underwriting commission.

The share capital increases pertaining to the issuance of the Offer Shares and the Underwriting Commission Shares have today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

The Company's registered share capital following the share capital increases is NOK 31,989,006, divided into 319,890,060 shares, each with a nominal value of NOK 0.10.

For further information, please contact:
Joachim Nielsen, CEO, +47 92 85 55 59, jn@proximar.com
Ole Chr. Willumsen, CFO, +47 48 21 34 29, ocw@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 inserted its first batch of eggs in October 2022 and carried out its first harvest on 30 September 2024. Proximar’s brand and logo (Fuji Atlantic Salmon) were officially launched in October 2024 at our partner Marubeni Corporation’s head quarter in Tokyo. Through land-based salmon farming, using high-quality groundwater secured close to Mount Fuji, the company produces 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.