The board of directors in Proximar Seafood AS (the "Company") grants share
options to new board members. A total of 150,000 share options, equal to 0,37%
of total shares issued in the Company, are granted at an exercise price at NOK
13,25.

Each option, when exercised, will give the right to acquire one share in the
Company. The options are granted without consideration. The options must be
exercised at earliest 2 years and at latest 4 years after being granted and are
unconditional.

The options are granted in accordance with Proximar's incentive program and
approved by the company's general meeting held 23rd November 2020.

The share options are granted as follows:
o Katrine Trovik, Chair of the Board - 100,000 options. Following the grant, the
primary insider and her close associates holds a total of 100,000 options and
50,000 shares in the Company.
o Fridtjof Falck, Board member - 50,000 options. Following the grant, the
primary insider and his close associates holds a total of 50,000 options and
200,000 shares in the Company.

For further information, please contact:
Pål K. Grimsrud, CFO, pkg@proximar.com, +4799477599

About Proximar: 
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility under construction at the foot of Mount Fuji in Japan. The
company will produce fresh Atlantic Salmon harvested the same day through
land-based fish farming, using high-quality groundwater secured close to Mount
Fuji. Proximar's location, near one of the world's most important fish markets,
implies significant advantages in reducing cost and carbon footprint.