Proximar Seafood: Written resolution passed for the amendment to bond terms

Bergen/Yokohama, 4 August 2026: Proximar Seafood AS ("Proximar" or the
"Company") today announces the passing of a Written Resolution approving an
amendment to the terms of outstanding subordinated unsecured convertible bonds
(ISIN NO0012733387) (the "Bonds").

In reference to the announcement dated 10 July 2026 regarding a contemplated
convertible bond issue, the Company proposed that holders of the Bonds resolve
to extend the Maturity Date of the Bonds to 6 August 2029, aligning it with the
maturity of the new contemplated convertible bond issue announced on 10 July
2026.

The Company is pleased to announce that the proposed amendment was approved by
way of a Written Resolution among the bondholders. Please see the attached
notice from Nordic Trustee AS confirming the result of the Written Resolution. 

The amendment will take effect once the relevant conditions set out in the
Notice for a Written Resolution have been satisfied, including execution of an
amendment agreement and completion of the new convertible bond issue.

For further information, please contact: 
Joachim Nielsen, CEO: [email protected]

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.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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5-12 of the Norwegian Securities Trading Act.\