Seattle Fish Co. 2021 Impact Report

2021 IMPACT REPORT Prepared by Hamish Walker & Savanna Ronco

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O U R P E O P L E & O U R C O M M U N I T Y

@seattlefishco

Seattle Fish Company

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seattlefish.com

2021 IMPACT REPORT

All of us who live, work, and do business have an impact on our communities and our environment. At Seattle Fish Company we want this to be as positive of an impact as we can make it. We love great food and are fulfilled by sharing it with our customers and communities. Production and distribution of food has always been at the heart of communities, but as we know, is also one of the biggest ways in which we contribute to global climate change. As we seek to feed a growing population with higher quality foods, there is a risk that the impact to the Earth becomes greater, so every year we must commit to doing better! The food systems that sustained our grandparents will simply not sustain the populations of the future. In fact, in the next 50 years, humanity will need as much food as has been consumed in the last 10,000 years. At Seattle Fish Company we look at every aspect of our business and aim to improve upon it. We examine the sustainability of the wild and farmed products that we buy and report this information to our customers through our Eco Score program. We track the carbon footprint of our freight and reduce it by flying less and trucking more whenever possible. We track our water and energy usage and waste production and set goals and develop projects each year to reduce it. We also aim to provide transparency by providing a yearly impact report like the one you are reading now. For our company, sustainability is a way of life. You can be confident that we are working tirelessly to meet the highest standards and ensure that we have delicious, healthy foods available to our community for generations to come. A LETTER FROM OUR CHIEF SUSTAINABILITY AND DEVELOPMENT OFFICER

Thank you for your continued partnership!

H A M I S H W A L K E R Chief Sustainability and Development Officer Seattle Fish Company

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Seattle Fish Company is proud to be deeply involved with local and national sustainability programs, and to have received certifications and awards that underscore our commitment to environmental stewardship. We consider this walking the walk, and following through on the practices we preach. ACHIEVEMENTS, ACCOLADES & INDUSTRY INVOLVEMENT

C E R T I F I C A T I O N S & I N V O L V E M E N T

National Fisheries Institute member; CEO & President, Derek Figueroa, served as 2021 NFI Chair Four graduates of the National Fisheries Institute Future Leaders Program Global Aquaculture Alliance; sustaining member Stronger America Through Seafood (SATS) member Dedicated to community involvement (ProStart, Project Angel Heart, We Don't Waste)

First in the Rocky Mountain region to be Marine Stewardship Council (MSC) certified (2008) Certified by the Aquaculture Stewardship Council (ASC) SQF Level 3 Certified Hazard Analysis Critical Control Point (HACCP) certified Gold Leader; Colorado Environmental Leadership Program

Cofounded industry non-profit, SeaPact, to aid in the development of Fishery Improvement Projects (FIP's) around the world; Hamish Walker served as 2017 & 2018 Chair Gold Leader; Colorado Environmental Leadership Program Seafood Choices Alliance; member and panel presenter Participation in A Green Blue - Aquaculture Accelerator sponsored by The Lexicon. R E C E N T A W A R D S

Colorado Environmental Leadership Program (Gold Leader, 2020)

SeafoodSource Top 25 Most Sustainable Companies (Winner, 2020)

Certifiably Green Denver Business (Winner, 2020)

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P U R P O S E

At Seattle Fish Company, we take our role and responsibility as a seafood and gourmet provision company seriously. We make every possible effort to be efficient and conserve resources while providing nutritious food to the communities we serve. Our annual Impact Report offers an opportunity to reflect on progress made, goals achieved, as well as the chance to set our intentions for the following year. There's no time to waste - the United Nations estimates that by 2050 the world will need twice the current amount of available protein to feed the planet’s population. With no ability to increase the amount of cultivated land, this will be virtually impossible unless we dramatically change where we source our protein. Seattle Fish Co. believes that fish are the future. Seventy percent of the Earth’s surface is water, yet less than seven percent of protein for human consumption comes from it. Compared to other proteins, seafood is a more sustainable food source. Relative to terrestrial livestock, fish and shellfish convert more of the food they eat into edible protein, are less reliant on freshwater resources, and have less overall environmental impact. Responsible fishing and aquaculture present an opportunity to provide our communities with a healthy protein while being conscious of our impact on the environment. As we work to fulfill our leadership aspiration of Leading the Growth of Sustainable Seafood Consumption , we know we must be responsible and intentional in how we catch and grow our fish and seafood. This means being mindful not only of how much fish we produce, but also how it is caught, farmed, distributed, and the impact has on our environment and future generations.

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O U R P E O P L E

Simply put, we wouldn't be where we are today without our Seattle Fish Co. family. Our employees are the heart of our organization, working tirelessly 24/7 to help us achieve our goal of sustainably feeding people. Whether it's a knowledgeable Sales Representative working with a customer to identify the right items for their menu, our Purchasing team scouring the world to find those perfect products, our Production team carefully cutting a fish by hand or a friendly driver making the final delivery -- each and every employee plays an important part in our process. Our employees pride themselves on living and breathing our core values of Customer Service, Family, Philanthropy, Quality & Sustainability . We learn together, challenge each other respectfully and encourage one another to grow. Through our transition of ownership to Armand Agra these core values have not changed, and we were able to retain 100% of our employees.

C O M M U N I T Y I M P A C T

Seattle Fish Co. wouldn't be around if it weren't for the amazing support of our community. Every year, our employees find new, unique ways to give back and say thank you. Here are just a couple of the ways they made a difference in 2021 by working with local philanthropic partners and identifying opportunities for corporate sponsorship. 250+

$47k "In kind" product donations made to Project Angel Heart

$120k+ In charitable contribution dollars

Volunteer hours worked at local nonprofits, including We Don't Waste and Project Angel Heart

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2021 SUSTAINABILITY RESULTS As an environmental leader in our community and industry, Seattle Fish Company wishes to highlight some of our sustainability and conservation work to inspire those around us and showcase how seriously we take our environmental and social footprint. It is our obligation to ensure the products we are sourcing, and the natural resources we use to operate, are done so thoughtfully and efficiently. We believe that the environment and our business shouldn't just coexist but thrive together. The last two years have presented us with unprecedented challenges as our demand has fluctuated and moved between different product and customer types depending on ever-changing restrictions. The reductions in production schedules we made in 2020 drove dramatic reductions in use of many resources. The large growth we then saw in 2021 did lead to increases in some resource usage but allowed us to continue to be more efficient in others. Overall though our trajectory in reducing resource usage continues to be strong.

9.9% Decreased our waste to landfill by 9.9% (75% reduction from 2015)

Ongoing improvements in our refrigeration efficiency Offset by moving back to full production schedule and higher building occupancy 0.5% Reduced our electrical usage in the facility by 0.5%

We hand cut all fish - no machines - which unfortunately uses more water than buying pre-cut fish Planned new ice machine installation was delayed due to supply chain issues, delaying the expected water efficiency improvements On par with 2020 Stayed flat vs. 2020 but remains 25% below 2019 12 Kept 12 truck fulls of trash out of the landfill Improved recycling consistency through the year Improved employee education around recycling and composting

Focused on reducing the number of products that are re-packed

Continue to train team on diverting waste to recycling streams

1.68m 1.68m lb reduction in CO2 from inbound freight Nearly halved pre-pandemic proportion of freight flown into Denver (vs trucked) Overall reduction of 6% in CO2 emissions per pound shipped.

278,000 We recycled over 275,000 lbs of packaging 103,000 lbs waxed cardboard 95,000 lbs cardboard 74,000 densified Styrofoam 6,000 other recyclables and compostable ware

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Eco Score Program

In 2019, we launched the Seattle Fish Co. Eco Score program to recognize and elevate the good being done in the industry through these sustainability initiatives, and provide clarity for our customers, to make easy, informed purchasing decisions that result in a direct, positive change to the health of our oceans. We’re proud to be the first seafood distributor in the industry to offer a completely free program and tool like this to our customers. Seattle Fish has made a commitment to continually improve and increase our own Eco Score every year, aiming to be consistently in the “Excellent” category before 2025 with all of our purchases. This is an ambitious goal – we distribute over 15 million pounds of seafood each year – but one we feel is important for the health of our oceans, and the future of our business. In 2021 we moved our total company Eco Score up from 6.56 in 2020 to 7.15 in 2021 . This reflects moving more of our salmon to Aquaculture Stewardship Council (ASC), purchasing more volume from Fishery improvement projects and higher volumes of wild Alaskan fish.

HOW IT WORKS:

We Compare All The Data To Our Benchmarks Our Eco Score takes into consideration the major, credible seafood sustainability certifications, accreditations, fishery improvement projects, and rating programs and then compares them to our own internal benchmarking standards. We use this information to score every single seafood product that we source and purchase, and label them accordingly in our system. We Analyze & Score Your Purchases We then use that scoring data to analyze your purchases on a monthly basis and provide you with a custom email detailing each product you ordered, plus your cumulative Eco Score. Since this email is specific to your business, you’ll be able to review your results and quickly decide if your current purchasing choices are where you’d like them to be, or if you want to adjust for improvement in certain areas. We Review Your Score & Make Changes Together We encourage our customers to review these Eco Score emails on a monthly basis, and also on a trending basis over the span of a few months. You’ll be able to see a noticeable change in your score just by switching up a few items on your menu or in your seafood case. Seattle Fish Co. can also help to recommend substitutions for any items you have questions or concerns about. We want to make it as easy as possible for you to identify opportunities to improve your purchasing and have an impact on our oceans. SIGN UP FOR FREE TODAY! To sign up for Seattle Fish Co.'s Eco Score Program, please speak with your Sales Rep or email sronco@seattlefish.com.

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SUSTAINABILITY CERTIFICATIONS & RATINGS: WHAT DO THEY ALL MEAN?

Aquaculture Stewardship Council (ASC) SFC EcoScore 9.2

Comprehensive certification of farmed fish Audited chain of custody Includes assessment of Environment, Social practices and Occupational health and safety Public disclosure of audit/inspection

Best Aquaculture Practices (BAP) SFC EcoScore 4*=7.75, 3*= 7.2, 2*= 6.5, 1*= 3.8.

Comprehensive certification of farmed fish ‘Stars’ are awarded for certification of Feed, Hatchery, Farms, and Processing BAP 1 star for processing plant only, 2 star for processing and farm, 3 and 4 star include certification of hatchery and/or feed. More commonly used in the Americas.

GlobalG.A.P. EcoScore 6.5

Comprehensive certification of crops, livestock and farmed fish Includes assessment of Environment, Social practices and Occupational health and safety, animal welfare, food safety and biosecurity Encompasses feed, hatchery, and farm More commonly used in Europe.

Marine Stewardship Council (MSC) SFC EcoScore 7.5

Comprehensive certification of wild fisheries Rigorous, transparent, multi-year process for accreditation Audited chain of custody Includes assessment of species population, environmental impact including by-catch and fishery management.

Monterey Bay Aquarium (MBA) Seafood Watch SFC EcoScore Green=7 (oysters and mussels 9), Yellow=4.7, Red=2.3

Based on scientific evaluation of wild fisheries and aquaculture, by region and catch/farming method Rates species as ‘Best Choice’ (green), ‘Good Alternative’ (yellow), and ‘Avoid’ (red). Also ‘Certified’ (blue) recognizes third party certifications such as MSC Rating can be different in the same area, depending on catch method A rating rather than a certification Includes assessment of species population, environmental impact including by-catch and fishery management. Maintain a very useful online tool and mobile app for looking up your fish.

Global Sustainable Seafood Initiative (GSSI) SFC EcoScore 7.5

Aims to build alignment on seafood sustainability Benchmarking tool evaluates and recognizes other certifications, underpinned by UN FAO guidelines GSSI recognized certifications include Alaska Responsible Fisheries Management (RFM), Iceland Responsible Fisheries Management (IRFM), MSC, BAP, GlobalG.A.P., ASC and others

Friend of the Sea SFC EcoScore 7.25

Certification for wild capture fisheries and aquaculture as well as other products. Annual audits by independent international certification bodies. Evaluation against environmental sustainability and social accountability criteria

Fair Trade SFC EcoScore 5.5

Certification focused on ensuring benefits of trade are share equitably through the supply chain For seafood, predominantly small producers in capture fisheries Includes some environmental standards

Fishery Improvement Project (FIP) SFC EcoScore 6

A wild fishery may have some issues now, but a FIP is a structured action plan to address these issues. Comprehensive FIPs are frequently targeted at working towards MSC certification, but basic FIPs may be smaller scope based on one or two specific issues

FIPs report annually, and are graded based on progress being made The most comprehensive list of FIPs can be found at fisheryprogress.org

What is the difference between a Certification & Rating? Certification programs offer a chain of custody and traceability standard on sustainability claims, whereas a rating system does not. Generally, fishery assessments in certification programs are conducted by independent accredited certification bodies as opposed to scientists selected by the rating system body. Wild-capture certification programs offer transparency and stakeholder engagement during the assessment process, whereas rating systems typically do not.

Our Sustainability Commitment

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Assess the sustainability of the product we procure and share this data with our customers, stakeholders, and community through the Seattle Fish Co. Eco Score Program. The Seattle Fish Co. Eco Score Program uses a sustainable scoring system that provides data on all of our products and allows our customers to make informed purchasing decisions. We will partner with fellow industry thought leaders and seafood champions to further our reach of this program and continue to grow sustainable seafood consumption. Shift procurement of our products to more sustainable and environmentally responsible products, as well as eliminate products that are critically unsustainable. By 2025, Seattle Fish Co. will achieve a minimum score of 8.00 on the Seattle Fish Co. Eco Score Program and focus on prioritizing purchases of product that meets or exceeds our sustainability standards. Foster continual improvement efforts in our industry by actively supporting Fishery Improvement Projects (FIP’s) and Aquaculture Improvement Projects (AIP’s), as well as participate on industry boards. Seattle Fish will support FIP’s / AIP’s and develop a mechanism to promote that participation to our customers and stakeholders. We will also participate on at least two industry boards that are dedicated to significant, positive change in the seafood industry. We commit to implementing the Global Dialogue on Seafood Traceability (GDST) guidelines by 2030. Seattle Fish, in partnership with Sea Pact, has committed to implement GDST guidelines for all seafood products to help put a global standard to traceability and sustainability audits and streamline reporting. Create an ongoing series of workshops and events for employees and other stakeholders to provide education about issues and opportunities regarding sustainability. Seattle Fish will host educational workshops and training for our customers, employees, and other stakeholders to cultivate an appreciation for sustainable fishing practices and seafood as a healthy, sustainable food source. We commit to working collaboratively and transparently with stakeholders to address and uphold human rights. Seattle Fish Co. respects human and labor rights. We will continue to work collaboratively with industry groups, suppliers, and stakeholders to promote and implement industry best practices for social responsibility.

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Sustainability Goals

As an Environmental Leader Program (Gold), we have been tracking our facility resource usage and environmental impact since 2017. We do this by setting goals and objects through an Environmental Management System (EMS), which is a tool our employee-led Sustainability Team can use to drive a reduction in the natural resource usage and waste production we have at our facility. Every year, this Sustainability Team sets goals around things like electrical usage, water usage, waste to landfill, and waste diverted to landfill measures. Through the collaboration of our passionate employees and like-minded business partners, we are proud to be making a real difference in our industry.

We are never satisfied - and will continue to introduce new measures into our sustainability goals each year. Below are our goals for 2022.

Reduce Electrical Usage by 5% YOY Commission updated energy audit and implement findings for efficiency Purchase new, more efficient ice machine Replace evaporator equipment

Reduce Water Usage by 5% YOY Install new, more efficient ice machine Improve water metering and bubbler usage Conduct plant walks to audit water usage

Maintain Waste Diversion & Reduce by 5% YOY Continue the process of one employee managing the use of our styrofoam densifier Increase composting and recycling education for employees Improve sorting process for waste within the facility

Publish total CO2 footprint Publish total CO2 footprint, with key drivers Prioritize action plan to reduce climate change impact

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Sea Pact Current Projects

Reef Fish Conservation and Education Foundation This project aims to build communication bridges between the commercial wild harvest and aquaculture industries that will lead to a bolstered and more unified domestic seafood industry. It also aims to inform the Gulf Aquaculture Opportunity Areas (AOA) discussion to ensure an effective and sustainable Gulf AOA. Seafood and Gender Equality (SAGE) Seafood and Gender Equality was founded to uplift, amplify, and integrate diverse voices in the global seafood sector. The goal of this project is to create the foundation of the Gender Dialogues. As a founding member of Sea Pact, Seattle Fish serves as a partner along with a group of leading North American Seafood Companies dedicated to driving stewardship and continuous improvement of social, economic, and environmental responsibility throughout the global seafood supply chain. Here are a few projects the group is currently funding: Sustainable Eel Group (SEG) This project will develop and pilot a first version of the Sustainable Eel Group sustainability standard for the American Eel, in a subsample of the supply chain in the United States by adapting the standard for the European Eel to be suitable for the American Eel.

Year-End Review: Thank You!

Making an impact in sustainability is a journey - one that we are honored to take with you, our partners. Whether you are a foodservice or retail customer, vendor, philanthropic partner, employee, or community member, our efforts would not be possible without you .

If you are interested in learning more about how your purchase makes an impact, joining our Eco Score program, or just talking fish, please drop us a line!

hwalker@seattlefish.com sronco@seattlefish.com

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