Q4 Presentation 2021

Q 4

ANDFJORD SALMON AT A GLANCE

FOUNDED: 2014 - LOCATION: ANDØYA, NORWAY - EURONEXT GROWTH : ANDF

FLOW-THROUGH Uses a closed flow-through system, which combines the benefits of both traditional and land based aquaculture while solving a number of traditional farming issues. GULF STREAM Strategically located at Andøya – with unique access to oxygen-rich seawater at stable temperatures. The unit is situated at a depth of 30 to 160 metres, depending on the season. LOW ENERGY FACILITIES No need to lift the water above sea surface. No need to heat or cool the sea water or other costly operations.

FIRST LOCATION Andfjord Salmon™ has been granted a licence for 10 000 tonnes MAB with potential production volume of 19 000 tonnes HOG at Kvalnes, Andøya. ~90,000 TONNES IN TOTAL Andfjord Salmon has acquired three locations, with a clear roadmap towards achieving a total capacity of ~90,000 tonnes (HOG). FISH FRIENDLY & SUSTAINABLE Andfjord Salmon™ aims to build the world’s most fish-friendly and environmentally friendly facility for salmon, with the lowest possible energy consumption and cost.

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