Icelandic Salmon As · OSL:ISLAX

Icelandic Salmon As — Lagarlíf (October 2024)

14 slides from Icelandic Salmon As's conference presentation, Oct 9, 2024

  1. Slide 1: Arnarlax – Company Presentation

    ARNARLAX – COMPANY PRESENTATION BJÖRN HEMBRE, LAGARLÍF 9 TH OCTOBER 2024

  2. Slide 2: This is Arnarlax

    THIS IS ARNARLAX Icelandic Salmon AS is listed on the Euronext Growth market in Oslo, and Harvesting plant Four smolt facilities, NASDAQ First North in Reykjavik. in Bíldudalur. Current capacity The company is the sole owner and of 7-8 million smolt, BRCGS* certified parent company of Arnarlax ehf.

  3. Slide 3: Executive Management Team

    EXECUTIVE MANAGEMENT TEAM SUSTAINABILITY – IT’S IN OUR NATURE 4

  4. Slide 4: Timeline Development Arnarlax

    TIMELINE DEVELOPMENT ARNARLAX FROM FAMILY OWNED TO STOCK MARKET SUSTAINABILITY – IT’S IN OUR NATURE 5

  5. Slide 5: Steadily Improving Operations

    STEADILY IMPROVING OPERATIONS IMPROVEMENT ON ALL FIELDS 45,0 17,9 16,1 13,0 11,2 11,5 9,7 9,9 6,1 6,7 2016 2017 2018 2019 2020 2021 2022 2023 2024E 2030E 1Represents harvest volume from Arnarlax and Fjarðalax (acquired in 2016) Harvest volume (HOG kt) License capacity (t) SUSTAINABILITY – IT’S IN OU

  6. Slide 6: Where Do We Operate?

    ARNARLAX WHERE DO WE OPERATE? Sales Harvest Plant Smolt production Current operation Licence application Sterile licence SUSTAINABILITY – IT’S IN OUR NATURE 7

  7. Slide 7: Smolt and Post-Smolt

    SMOLT AND POST-SMOLT OVERVIEW SMOLT FACILITIES  Have today 3 facilities in operation — the 4th is under reconstruction  Capacity of 7-8 million smolts — depending on smolt size  Total licences on land is 3.800 tonnes of MAB  Have sufficient smolt capacity for existing licences in sea  70% of pr

  8. Slide 8: Seawater

    SEAWATER OVERVIEW Arnarlax holds licenses of 33,700 tonnes MAB in the Icelandic Westfjords (Arnarfjörður, Patreksfjörður, Ísafjarðardjúp and Tálknafjörður) ISSUED LICENSES Fertile license  New licence of 10,000 tonnes MAB of sterile salmon Sterile licence issued in Ísafjarðardjúp. — The licence inc

  9. Slide 9: Harvesting

    HARVESTING OVERVIEW HARVEST PLANT IN BÍLDUDALUR  Located in Bíldudalur — close to our sea-water operations  Capacity 30.000 tonnes/year  BRCGS certified — Certifies that procedures and the harvest plant is according to international standards that focus on food safety.  Use super-chill to extend

  10. Slide 10: Sales and Logistics

    SALES AND LOGISTICS OVERVIEW SALES AND LOGISTICS DIVISION WHERE ARE OUR CUSTOMERS IN 2023?  Own sales is a part of the strategy  Located in Kópavogur  Our internal sales team sell all of our salmon  Working close with premium customers in US and Europe  Focus on Quality, Sustainability and Orig

  11. Slide 11: People

    PEOPLE ORGANIZATIONAL DEVELOPMENT AND COMPETENCE BUILDING ARNARLAX ACADEMY  All employees involved one time a year  Managers involved twice a year  Focusing on cooperate culture and goal achievement BLUE PLANET ACADEMY  Is a tool to educate and give employees information VOCATIONAL TRAINING  Co

  12. Slide 12: People

    PEOPLE Organizational development and competence building Arnarlax academy  All employees involved one time a year  Managers involved twice a year  Focusing on cooperate culture and goal achievement Blue planet Academy  Is a tool to educate and give employees information Vocational training  Co

  13. Slide 13: The Future

    THE FUTURE POTENTIALS FOR THE FUTURE FOR ARNARLAX HARVEST VOLUME - DEVELOPMENT DIFFERENT SCENARIOS 50 000 45 000 40 000 35 000 30 000 25 000 20 000 15 000 2025 2026 2027 2028 2029 2030 Harvest volume best case, tonn Harvest volume medium case, tonn Harvest volume minimum case, tonn UNCERTAINTIES  N

  14. Slide 14: StfandgataT Iceland | eal arnarlax.is Bildudalur (354) 56 0100 arnarlax@arnarlax.is

    StfandgataT Iceland | eal arnarlax.is 465 Bildudalur (354) 456 0100 arnarlax@arnarlax.is

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