Main Market Listing and Offering of New Shares slide image

Main Market Listing and Offering of New Shares

ISI ICELAND SEAFOOD October 2019 Main Market Listing and Offering of new shares Strong platform for continuing profit growth Scalable sourcing network Continuing organic growth and improved efficiency External Growth opportunities The Group will continue its focus on building up closer cooperation with the supplier base in Iceland • At the same time the Group will utilise the unique sales network and strong market presence to expand the global sourcing base • • Synergies through integration of new companies, increased profitability and investment in organic growth is expected to increase the Group's profit before tax to EUR 20m in the next 3-5 years Various opportunities for further automatisation in addition to currently unutilised capacity to drive growth • • The Group remains on the lookout for strategic investments in well positioned companies О Room for consolidation in European seafood sector o Opportunities for bolt on acquisitions in current markets The proposed equity increase will support. the Group's ability to maximize these. opportunities
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