Icelandic Salmon As · OSL:ISLAX

Icelandic Salmon As — Q1 2022 Earnings Presentation

8 slides from Icelandic Salmon As's earnings presentation, 2022

  1. Slide 1: Q1 2022 Summary Presentation

    Q1 2022 SUMMARY PRESENTATION

  2. Slide 2: This is Icelandic Salmon

    THIS IS ICELANDIC SALMON Icelandic Salmon AS is listed on the Euronext Growth market in Oslo. Farming in seven The company is the sole owner and sites in three fjords parent company of Arnarlax ehf. Four smolt facilities, Current capacity All production ASC** of 5 million smolt certified All operati

  3. Slide 3: Strong Operational Performance

    STRONG OPERATIONAL PERFORMANCE Q1 SUMMARY  A period of strong price achievement with high capacity utilization of our harvest KEY RESULTS Q1 2022 Q1 2021 FY 2021 plant while maintaining a stable cost level Operating income (‘000 EUR) 37.107 17.351 90.806 — Low contract level yielding positive resul

  4. Slide 4: Smolt Expansion on Track

    SMOLT EXPANSION ON TRACK STRATEGIC UPDATE AND OUTLOOK SOUTH COAST EXPANSION DEVELOPING AS PLANNED  Development at the Fjallalax smolt plant continues to progress as planned — Licence in place for 100 tonnes MAB — Operations started with input of eggs in January that are now being moved to start-fee

  5. Slide 5: Sales & Marketing Update

    5 SALES & MARKETING UPDATE STRATEGIC UPDATE AND OUTLOOK TRANSPORTATION SPLIT SUSTAINABLE SALMON STRATEGIC CHANGES TO NORTH AMERICA INCREASED DEMAND IN THE US DELIVER STRONG SALES ACHIEVEMENT (Volume)  Continued emphasis on sea transport to  The new brand has been well accepted in the the US market

  6. Slide 6: License Status for Sea-Water

    LICENSE STATUS FOR SEA-WATER STRATEGIC UPDATE AND OUTLOOK Arnarlax holds licenses of 25,200 tonnes MAB in the Icelandic Westfjords (Arnarfjörður, Patreksfjörður and Tálknafjörður). NEW SITES WITHIN EXISTING LICENCES ARNARFJÖRÐUR EXPANSION Currently in process to build three more sites The Arnarlax a

  7. Slide 7: Strong Financial Position

    STRONG FINANCIAL POSITION FINANCIAL UPDATE Assets NIBD (EUR million) KEY ITEMS FOR FIRST QUARTER 2022​ (EUR million)  Continuing focus on growth with total investment of EUR 4.0 million in the period mainly related to increased production at sea.​ 171 183 7,8 5,9  NIBD, including leasing, increase

  8. Slide 8: Kees

    Kees Icelandic Salmon SUSTAINABLE SALMON FROM ARNARLAX Strandgata1 Iceland arnarlax.is 465 Bildudalur (354) 456 0100 arnarlax@arnarlax.is

Icelandic Salmon AS — Q1 2022 Earnings Presentation on 6ix