Bergen, Norway/Yokohama, Japan - 28 April 2023. Reference is made to the stock
exchange announcement by Proximar Seafood AS ("Proximar" or the "Company") on 27
April 2023 regarding a contemplated private placement (the "Private Placement")
and the subsequent announcement on 28 April 2023 regarding the successful
placement of the private placement. 

In order for the Company to be able to promptly deliver existing shares to
investors, the Company has entered into a share lending agreement with Daimyo
Invest AS, whereby Daimyo Invest AS will lend 2,278,745 shares in the Company to
the bookrunners, ABG Sundal Collier ASA and Arctic Securities AS. The borrowed
shares will be redelivered by way of Proximar issuing new shares to Daimyo
Invest AS.

For more information, please contact: 
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@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 has inserted its fifth batch of eggs since October 2022. Through
land-based fish farming, using high-quality ground water 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.

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© Oslo Bors ASA, source Oslo Stock Exchange