AQUA BIO TECHNOLOGY ASA – SHARE CAPITAL INCREASE REGISTERED

Reference is made to the stock exchange announcement from Aqua Bio Technology ASA ("ABT" or the "Company") on 22 December 2023 regarding the completion of the acquisition of Cover Brands AS and the pre-committed NOK 5 million investment made by Jesper Dønnestad Brandt and an associated investor (jointly, the "Transactions").

Following the registration of the share capital increases entailed by the Transactions in the Norwegian Registry for Business Enterprises, the Company's share capital is NOK 138,086,197.50 divided into 55,234,479 shares, each with a nominal value of NOK 2.50.

* * *

For further information, please contact CEO Håvard Lindstrøm mobile phone +47 941 32 288.

Aqua Bio Technology (ABT) is developing and commercializing sustainable biotechnology for use in skincare products. ABT's cosmetics ingredients are highly effective and they provide the cosmetics industry with natural alternatives to traditional ingredients. ABT is also marketing and distributing natural skincare products developed by partners towards consumers and professional users. ABT's focus on commercialization and development of natural ingredients and natural skincare products has been, and will continue to be, an important part of the Company's strategy going forward. Aqua Bio Technology is listed on the Euronext Expand market of the Oslo Stock Exchange.

 

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