Q4 2022 Results Presentation

ICELAND ISI SEAFOOD Q4 2022 Presentation to Investors and Analysts Renewable energy with solar cells T Ahumados Domínguez IS Ibérica Installation completed in November 2022 Waiting for authorization to press ON. Produces 550 MWh which cover c.a. 20- 25% of the annual energy usage Completed early 2023, produces 538 MWh which will cover c.a. 25-35% of the annual energy usage Oceanpath Being evaluated Would cover 15-18% of energy need. Total investment in Spain. €1m Annual reduction of CO2 emissions around 30 tones Reduces dependency on the grid IS UK Installation in Barcelona In place when the site was bought in 2020. Produced 150 MWh in 2022 12 • Reduces risk related to energy prices

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