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Investor Presentaiton

IntraFish Report Highlights Land-base Salmon: Aquacultures New Disrupter • Over 70 projects globally, many financed and in construction, many just plans • 18 farms providing fish to market, 11 of the facilities greater than 1000MT production Globally an acute shortage of skilled workforce is a major issue and a major barrier to success Significant investment inflows from private capital and institutional sources is occurring Nordic expertise and monies driving expansion Driven by global surge due to a huge gap between supply and demand in the salmon market Major US Projects Project Atlantic Sapphire Whole Ocean Size (Planned Max Capacity) 220,000 Production Investment/Backers First harvest 2020 $275m 20,000 In development Operations 2022 First Harvest 2024 $250m Nordic Aqua Farms 33,000 east coast AquaCon 100,000 construction 2021 $500m raised Construction starts 2021 $1 Billion raised Pure Salmon 20,000 AquaBounty 55,000 planned $250m raised First Harvest 2020 $100m Expansion Construction started AquaBanq 3,600 Construction complete 2021 N/A First harvest 2022 West Coast Salmon 50,000 First Harvest 2024 Nordic Aqua Farms west coast 33,000 planned N/A $500m raised 3
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