Salmon Evolution Asa · OSL:SALME

Salmon Evolution Asa — Q2 2026 Earnings Presentation

8 slides from Salmon Evolution Asa's earnings presentation, Jul 7, 2026

  1. Slide 1: Q2 2026 Operational Update

    Q2 2026 Operational Update Salmon Evolution (OSE: Salme) 7 July 2026

  2. Slide 2: Disclaimer

    Disclaimer This presentation (the “Presentation”) has been prepared by Salmon Evolution ASA (the “Company” and together with is subsidiaries, the “Group”) except where context otherwise requires, solely for information purposes. This Presentation, and the information contained herein, does not const

  3. Slide 3: Weak salmon prices in Q2

    Q2 2026 – operational update Weak salmon prices in Q2 Considerations Key harvest data Superior Harvest • Harvested 945 tonnes HOG in Q2-26 with harvest taking share (%) weight (HOG) place in May and early June. Q2 2 581 ~1,100 • Continued narrow weight distribution of harvested 96% 3.5 kg biomass –

  4. Slide 4: Substantial production growth expected next 12 months

    Q2 2026 – operational update Substantial production growth expected next 12 months Production targets phase 1+2 – Indre Harøy (tonnes, HOG) Scalable platform with Increasing tank utilization, ~12-month ramp-up to 7,900t (HOG), core infrastructure and improved feed composition, and faster than Phase

  5. Slide 5: Significant better growth above ~3 kg after implementation of improvements

    Q2 2026 – operational update PHASE 1 OPTIMIZATIONS YIELDING RESULTS Significant better growth above ~3 kg after implementation of improvements related to feed and operational protocols Illustrative historical growth performance Stronger and consistent feeding post implementation Percent feeding of t

  6. Slide 6: Yet to see the full positive effect of improvements

    Q2 2026 – operational update Yet to see the full positive effect of improvements Biomass growth (tonnes, LW) Standing biomass (tonnes, LW) 2 00 00 11 009 000 2 97 2 000 1 7 1 70 2 00 2 1 1 00 1 7 2 000 1 00 1 000 1 000 00 00 0 0 Q 2 Q 2 Q1 2 Q2 2 Q 2 Q 2 Q1 2 Q2 2 • Net biomass growth of 1,706 tonne

  7. Slide 7: Solid operational performance in phase 2

    Q2 2026 – operational update Solid operational performance in phase 2 • Phase 2 building on 4+ years of operational experience from phase 1. • Both smolt inserts has adapted very well following release, with minimal mortality and feeding and growth in line with targets. • Minimal disturbances since

  8. Slide 8: Next update

    Next update 18th August 2026 – Quarterly report Q2 2026

Salmon Evolution — Q2 2026 Earnings Presentation on 6ix