Atlantic Sapphire shareholders vote on Bridge Loan conversion into shares at NOK 0.1 each

• Atlantic Sapphire set an extraordinary general meeting for Sept. 15, 2026 to vote on a Bridge Loan conversion.
• Shareholders will be asked to formally authorize converting initial Bridge Loan tranches, including origination fee and accrued interest, into new shares.
• Conversion price set at NOK 0.10 per new share, following the transfer of the loan to Coral HoldCo.
• The initial tranches totaled USD 12.03 million at transfer, converted to NOK using a USD/NOK rate of 9.29.
• The board is calling the meeting to secure approval for the conversion.

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