Investor Presentaiton

ISI ICELAND SEAFOOD October 2019 Main Market Listing and Offering of new shares Sales & Distribution Strong combination of sourcing expertise and well positioned value added activities Iceland Seafood International Executive management Value Added N- Europe Value Added S- Europe IS Iceland IS Barraclough IS Spain IS France IS Germany IS USA Employees Havelok Oceanpath Icelandic Iberica Ecomsa Dunn's of Dublin | Achernar 37 (6%) 226 (37%) 354 (57%) Each division and subsidiary possesses valuable knowledge of its specific operations and locale, business relationships and industry contacts which the Group utilizes to benefit the Issuer as whole Additionally, Sales & Distribution provides valuable sourcing and product quality stability to the Value Added divisions Each operating division therefore benefits from the operations of the others, creating synergies, while maintaining focus on specialized operations

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