Atlantic Sapphire Asa · OSL:ASA

Atlantic Sapphire Asa — Q4 2020 Earnings Presentation

12 slides from Atlantic Sapphire Asa's earnings presentation, Apr 14, 2021

  1. Slide 1: Operational Update

    Operational Update April 15, 2021 |

  2. Slide 2: Important Information

    IMPORTANT INFORMATION This presentation (the "Presentation") has been produced by Atlantic Sapphire ASA (the "Company") exclusively for information purposes. This Presentation has not been approved, reviewed or registered with any public authority or stock exchange. This Presentation is not a prospe

  3. Slide 3: Contents April 2021 Update

    Contents April 2021 Update ▪ Q1 2021 Operational Update ▪ Q1 2021 Challenges All Being Addressed ▪ US Phase 1 Construction Update ▪ US Phase 2 Design and Construction On Track ▪ Product Quality and Customers ▪ 2020 Annual and ESG Report ▪ 2020 Financial Summary ▪ Summary and Upcoming Milestones 3|

  4. Slide 4: Q1 2021 Operational Update

    Q1 2021 Operational Update April 2021 Update Three months ending Mar 31, 2021 US DK Net revenue per kg of total harvest (HOG) USD6.8/kg DKK37/kg Net revenue per kg for Sup 3kg+ (HOG) ~USD12/kg ~DKK41/kg Bluehouse Salmon (Sup 3kg+) premium to Fish Pool commodity1 90% 6% Net biomass gain (RLW)2 ~(300)

  5. Slide 5: Q1 2021 Challenges All Being Addressed

    Q1 2021 Challenges All Being Addressed April 2021 Update US Q1 2021 challenges Why it's important What’s been the Q1 impact When it will be fixed New center drain (design Avoids clogging of tanks; ensures stable Resulted in March 23 mortality event, Q2 2021 weakness) flow of new water into tanks eve

  6. Slide 6: US Phase 1 Construction Update

    US Phase 1 Construction Update April 2021 Update US phase 1 Bluehouse facility ▪ All phase 1 growout systems ready for fish ▪ Splitting of 5 out of 6 growout systems completed ▪ Once splitted, the Miami Bluehouse will have a total of 19 independent RAS systems1 ▪ New center drains will gradually be

  7. Slide 7: US Phase 2 Design and Construction On Track

    US Phase 2 Design and Construction On Track April 2021 Update US phase 2 Bluehouse site cleared ▪ On track for Q2 2021 construction start ▪ Wharton-Smith, a top Southeast US contractor specializing in water treatment projects, elected as general contractor ▪ Hazen & Sawyer, a leading US engineering

  8. Slide 8: Product Quality and Customers

    Product Quality and Customers April 2021 Update Bluehouse Salmon Excellent US product taste, quality and texture ▪ Taste, fillet color and texture at or above target KPIs when systems are operating as designed ▪ Unmatched freshness and longer product shelf life than other salmon Solid customer pipel

  9. Slide 9: 2020 Annual and ESG Report

    2020 Annual and ESG Report April 2021 Update Atlantic Sapphire's First Integrated ESG and Annual Report Is Now Published 9|

  10. Slide 10: 2020 Financial Summary

    2020 Financial Summary April 2021 Update 10 |

  11. Slide 11: Summary and Upcoming Milestones

    Summary and Upcoming Milestones April 2021 Update Summary ▪ Q1 2021 operational performance and JEA index negatively affected by construction challenges ▪ Internal chiller plant breakdown ▪ March 23rd incident ▪ Batch 1 maturation issues ▪ Strengthened organization to ensure delivery on production a

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