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Regulatory press release

Aqua Bio Technology ASA - Primary Insider Notifications

Aqua Bio Technology
9.4.2025 15:32:18 CEST | Aqua Bio Technology ASA | Mandatory notification of
trade primary insiders

Reference is made to the stock exchange notices from Aqua Bio Technology ASA ("
ABT" or the "Company") published on 11 March 2025 regarding the successful
placement of a private placement of 48,432,000 new shares (the "New Shares") in
the Company, at a fixed subscription price of NOK 0.50 per New Share (the "
Private Placement").

In an extraordinary general meeting held on 9 April 2025, the share capital
increase in connection with the issuance of the New Shares was approved.
Completion of the Private Placement by issuance of the New Shares remains
subject to, inter alia, valid subscription and settlement of share deposits for
all New Shares as well as completion of a share capital decrease resolved in the
extraordinary general meeting held on 9 April 2025.



The following primary insiders or close associates of primary insiders have been
allocated New Shares:



* Initia AB, a company closely associated with former director Jan Pettersson,
has been allocated 500,000 New Shares, for a total subscription amount of NOK
250,000
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