Proximar Seafood - Adjustment of conversion price for the convertible bond

Bergen, 18 August 2025: Reference is made to the Proximar Seafood AS (the "Company") convertible bond with ISIN NO0012733387 (the "Bonds") issued on 25 October 2022.

As a consequence of the private placement approved by the board of directors 10 July 2025, pursuant to the board authorisation granted at the annual general meeting held on 23 April 2025, the Company has received notice from Nordic Trustee AS, in the capacity as Bond Trustee for the convertible bonds, that the conversion price of the Bonds has been adjusted according to the Bond Terms Clause 13.1, from NOK 4.0727 to NOK 3.8475. Please see the attachment for details.

For more information, please contact:
Ole Chr. Willumsen, CFO, +47 48 21 34 29, ocw@proximar.com