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ICELAND ISI SEAFOOD Q3 2020 Results Presentation to Investors and Analysts Sales & Distribution IS Iceland Unique combination of sourcing expertise and well positioned value added activities Iceland Seafood International Executive management Value Added N-Europe Turnover 2019 Value Added S-Europe VA S-Europe 38% 40% VA N-Europe IS Barraclough IS Ibérica IS France IS UK IS Germany IS USA Oceanpath Dunn's of Dublin Carr & Sons Employees 34 (5%) >> New incorporation << 241 (38%) 0 Elba Ecomsa >> On the way out << Achernar 354 (56%) 3 (0.5%) Executive management & Group reporting: 8 Sales & Distribution Profit before tax 2019 VA S-Europe 22% 15% VA N-Europe 53% 32% Sales & Distribution 8

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