Salmon Evolution Asa · OSL:SALME

Salmon Evolution Asa — Investor Presentation (June 2020)

15 slides from Salmon Evolution Asa's investor presentation, June 2020

  1. Slide 1: Company Presentation June 2020

    COMPANY PRESENTATION JUNE 2020

  2. Slide 2: Our vision is to be a beacon in sustainable salmon farming

    OUR VISION IS TO BE A BEACON IN SUSTAINABLE SALMON FARMING 2 Company Presentation June 2020

  3. Slide 3: The best conditions the sea provides

    THE BEST CONDITIONS THE SEA PROVIDES A sustainable food chain and full traceability from roe to plate OPTIMAL FISH WELFARE • Low mortality and less fish-handling • No escapes, lice or paracites (earlier illness) • Treatment of waste water • Fish sludge used as a resource • Energy-efficient solutions

  4. Slide 4: Planned facility at Indre Harøy

    Illustration: Salmon Evolution PLANNED FACILITY AT INDRE HARØY 4 Company Presentation June 2020

  5. Slide 5: Phase 1 growth tanks

    Illustration: Salmon Evolution PHASE 1 12 growth tanks 5 Company Presentation June 2020

  6. Slide 6: Extending the ocean potential

    EXTENDING THE OCEAN POTENTIAL Why do land based farming in Norway ESTABLISHED WATER ACCESS INFRASTRUCTURE • Unlimited access to fresh Norwegian sea water with • Access to quality smolt optimal temperature for salmon • Wellboat capacity farming • Processing capacity • Industry research and developmen

  7. Slide 7: Knowledge and passion

    KNOWLEDGE AND PASSION We put our heart and soul into ensuring the best possible fish health 7 Company Presentation June 2020

  8. Slide 8: Biology the most important consideration

    BIOLOGY THE MOST IMPORTANT CONSIDERATION How we will minimise the biological risk in fish farming on land INCREASE OF COMPLEXITY WHEN DEGREE OF RECIRCULATION GOES ABOVE 65% • Known technology • HFS with fresh sea water being replaced every 4th hour • Optimal production environment • Minimal handling

  9. Slide 9: HFS technology

    HFS TECHNOLOGY Salmon Evolution’s chosen HFS technology has several benefits over alternative production methods SEA PEN SALMON EVOLUTION GENERIC ORGANIC GENERIC RAS1 (HFS) Max density kg/m3 (typical) 25 10 80-90 80 No need for purging ü ü × ü Limited H2S risk ü ü × ü Minimal risk for escape × × ü ü

  10. Slide 10: Raised in clear and clean water from the Norwegian coast

    RAISED IN CLEAR AND CLEAN WATER FROM THE NORWEGIAN COAST 10 Company Presentation June 2020

  11. Slide 11: A dedicated management team

    A DEDICATED MANAGEMENT TEAM Extensive experience from the aquaculture industry SELECTED MANAGEMENT TEAM HÅKON ANDRÉ BERG KAMILLA MORDAL HOLO Acting CEO and CFO Project Director § Extensive experience from private equity with more than 10 years experience in § More than 10 years of experience from th

  12. Slide 12: Board of directors - aquaculture background

    BOARD OF DIRECTORS - AQUACULTURE BACKGROUND Owners with experience and presence throughout the salmon value chain ensures competence and execution capabilities TORE A TØNSETH FRODE KJØLÅS Chair Director Seafood, technology and industry Aquaculture technology and innovation § Vice president investmen

  13. Slide 13: Roadmap ahead

    ROADMAP AHEAD 2020 2021 2022 2023 2024 2025 2026 2027 2028 Construction Q2 2020 Q3 2022 Phase I 7,694 tonnes Production start Production First sales in Q3 2022 (GW) – smolt release Q4 2021 Q2 2022 Q3 2024 Construction Phase II 15,387 tonnes Construction of smolt facility (GW) Q4 2023 Production Firs

  14. Slide 14: I would say this is top quality – one of the best fish I ever cut!

    I WOULD SAY THIS IS TOP QUALITY – ONE OF THE BEST FISH I EVER CUT! VINCENT ALERIA CABALLES - MANAGER & HEAD SUSHI CHEF ZUUMA Land based salmon farmed with hybrid flow-through technology with reuse (HFS) 14 Company Presentation June 2020

  15. Slide 15: salmonevolution.no

    salmonevolution.no Photos: Vasco Pinhol, Norwegian Seafood Council, Fuglefjellet, Brunes Foto, Doxacom, Salmon Evolution

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