Icelandic Salmon As · OSL:ISLAX

Icelandic Salmon As — H1 2022 Earnings Presentation

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

  1. Slide 1: First Half 2022 Summary Presentation

    FIRST HALF 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 Four smolt facilities, sites in three fjords parent company of Arnarlax ehf. Current capacity of 7-8 million All production ASC** smolt, depending certifie

  3. Slide 3: Continued Strong Operational Performance

    CONTINUED STRONG OPERATIONAL PERFORMANCE Q2 SUMMARY  Increased market price and low contract share, resulted in good price KEY RESULTS Q2 2022 Q2 2021 H1 2022 H1 2021 achievements Operating income (‘000 EUR) 34.979 18.069 72.085 35.420 Operational EBIT (‘000 EUR) 13.530 2.737 23.044 3.131  Strong

  4. Slide 4: Further Smolt Expansion

    FURTHER SMOLT EXPANSION STRATEGIC UPDATE AND OUTLOOK SOUTH COAST EXPANSION EXTENDED FURTHER  Remaining shares in Eldisstöðin Ísþór smolt facility purchased. — Bigger smolt allow for increased MAB license utilization, reduced production time in sea and thereby reduced biological risk.  Development

  5. Slide 5: Sales & Marketing Update

    5 SALES & MARKETING UPDATE STRATEGIC UPDATE AND OUTLOOK TRANSPORTATION SPLIT SUSTAINABLE SALMON STRATEGIC CHANGES TO NORTH AMERICA INTREST & DEMAND REMAINS HIGH DELIVER STRONG SALES ACHIEVEMENT  Continued emphasis on sea transport to  The new brand has been well received by the the US market marke

  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 establish more sites for The Arnarlax

  7. Slide 7: Group Balance

    GROUP BALANCE FINANCIAL UPDATE Assets NIBD (EUR million) (EUR million) KEY ITEMS FOR FIRST HALF 2022​  Strong operational results provided net cash from operating activities 48 positive EUR 25.6 million.​ 8 198 183 28  Net cash flow from investing activities EUR 8.1 million as continuing 91 105 7

  8. Slide 8: Icelandic Salmon

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

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