Reference is made to the resolution by the extraordinary general meeting of Proximar Seafood AS (the “Company”) 17 September 2025 (the “OGM”) where it was approved to update the share option scheme as per the proposal of the Board.
The Company has awarded 17,742,738 new share options (the New Options”). In conjunction with the New Options 3,590,000 vested and unvested share options granted under previous programs (the “Existing Unvested Options”) will lapse.
The strike price of the New Options was set at NOK 0.90 (the "Strike Price") in accordance with the share option scheme.
The New Options will vest with one third each year and first vesting on 25 November 2026.
The following primary insiders have been granted New Options as follows (number of cancelled options in parentheses):
Joachim Nielsen (CEO): 14,329,738 (2,400,000)
Yoshihito Ito (Managing Director): 525,000 (not applicable)
Dharma Rajeswaran (COO): 525,000 (525,000)
Lars Stigaard (CTO): 525,000 (525,000)
Michinori Hoshijima (CCO): 525,000 (not applicable)
The primary insider notification form pursuant to the requirements of the Market Abuse Regulation are attached.
The remaining New Options are granted to other key employees of the Proximar group.
For more information, please contact:
Joachim Nielsen, CEO, +81 70 2811 9898, jn@proximar.com
Ole Chr. Willumsen, CFO, +47 48213429, ocw@proximar.com
This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation (EU) 596/2014 article 19 and 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.