Gigante Salmon As · OSL:GIGA
Gigante Salmon As — Q4 2023 Earnings Presentation
17 slides from Gigante Salmon As's earnings presentation, Jan 23, 2024
Slide 1: Q4 Report 2023
Q4 REPORT 2023 23rd January 2024 CEO Helge E. W. Albertsen CFO Rune Johansen
Slide 2: Majority owner Gigante Havbruk and value chain
50,77 % ROE SMOLT WELLBOAT R&D PACKING STATION The majority owner Gigante Havbruk is also a co-owner of operations at all stages of the salmon value creation chain. This ensures Gigante Salmon access to the necessary expertise in all areas.
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Slide 4: Gigante Salmon
Gigante — =~ salmon
Slide 5: Gigante Salmon
Gigante Salmon
Slide 6: Updated project summary Rødøy
Updated project summary Rødøy THE PROJECT THE INCREASED CAPITAL NEED IS ▪ Gigante Salmon is constructing a land-based salmon farming site on Lille Indre Rosøy which ECONOMICS REMAIN FUNDED AS FOLLOWS: has a yearly production capacity of up to 16.000 tonnes HOG, based on a licensed MAB of 13,731 STRO
Slide 7: Health, Security, Environmental & Quality
Health, Security, Environmental & Quality HSE&Q PROJECT EXECUTION An overriding focus for all our activities is that the health of our colleagues and fish is crucial for our success: “If the fish are doing well, then we are doing well.” Important areas of responsibility for Gigante Salmon AS as the
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Slide 9: Highlights Q4 2023
Highlights Q4 2023 THE FOURTH QUARTER OF 2023 • Additional financing in the amount of NOK 306 million secured • Preparations, groundwork and installations in technical area for phase 1 and phase 2 completed • Organisational changes in advance of the start of operations and phase 2 of development • F
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Slide 12: Financials
P oe Signe
Slide 13: Income statement - Group
Income statement - Group • Income statement reflects project execution phase, with limited income and operating expenses
Slide 14: Balance sheet - Group
Balance sheet - Group • Equity ratio at 73% • Strengthened financing through increased leasing (100 MNOK), private placement (200 MNOK) and subsequent offering (6 MNOK)
Slide 15: Income statement – GS Rødøy
Income statement – GS Rødøy • Total investments in the group in the fourth quarter rose 506 018 kNOK, compared to 385 260 kNOK in Q3
Slide 16: Balance sheet – GS Rødøy
Balance sheet - GS Redoy Assots Note 31122023 31122022 —_Equityandliabilities Note 31122023 31322022 Land buikingsand other property 504190 107860 Sharecapitel 35730, 19230 Ships 686 778 Shareorerium sas70 wwee70 Totaltangible assets 1 504877 108576 _Tolalpaidsnequity 357100 192100 Totalfixedassets
Slide 17: Q&A
Q&A