Investor Presentaiton

Local Canadian Successes - Land-based Salmon Farms in BC to "Taste of BC (Steelhead) is expecting commence development of a 1500 Tonne (50 Million) expansion in BC this year. Blue Star Foods is expecting to up list from the OTC to Amex or Nasdaq as soon as Q2 2021 to facilitate this growth. Further aggressive plans to reach 21,000 MT by 2028" BLUE STAR Steve Atkinson CEO Taste of BC Aquafarms / Blue Star Blue Star Foods Corp. Signs Term Sheet to Acquire Taste of BC Aquafarms, Inc. Acquisition Would Signify a Strategic Investment into the Recirculating Aquaculture Systems (RAS) Industry Miami, Florida - December 28, 2020-Blue Star Foods Corp., (OTC: BSFC) ("Blue Star"), a sustainable seafood company, announced today that it has signed a term sheet to acquire Taste of BC Aquafarms, Inc. ("Taste of BC Aquafarms"), a family-owned and operated land-based Recirculating Aquaculture Systems (RAS) salmon farming operation, based in Nanaimo, British Columbia, Canada, subject to certain closing conditions. "We believe land-based salmon farming can be part of the solution of healing our environment and will meet the gap between the growing global demand of salmon and a supply that is limited by its environmental impact, as well as geographical and governmental constraints," said the Company's Chairman and CEO, John Keeler. Mr. Keeler added, "While there are other public companies pursuing a similar business strategy, including Aquabounty Technologies, Inc. (NASDAQ:AQB) and Atlantic Sapphire AS (OB:ASA- ME)(OTC:AASZF), we believe this opportunity is massive and has plenty of space for several participants." Mr. Keeler continued, "We are very thrilled to partner with the Atkinson family, the founders and operators of Taste of BC Aquafarms, who have been pioneers in RAS farming since 2010. They've built a proven and scalable model and we are excited to strategically fund their next level of growth and use our sales platform to market their delicious, sashimi-grade, Steelhead Salmon." "We are delighted to be joining Blue Star Foods through this acquisition. From the beginning, I wanted to create a RAS model that we could easily replicate in multiple locations, with predictable outcomes, and leave a legacy of a new Industry of land-based salmon production in British Columbia and beyond," said Steve Atkinson, President of Taste of BC Aquafarms. He added, "We took a different approach than others in developing RAS for salmon production. First, we wanted to develop a proven, successful culture system, and now we are looking to deploy this system in multiples. Our modular design strategy works and is highly scalable. I see no reason why the RAS Salmon production in BC cannot potentially exceed 100,000 metric tons annual production in the next two decades. Along with Blue Star, we intend to be leaders in this new industry." Growing Demand for Marine Protein and RAS Technologies Growing Importance According to the United Nations' estimates, by 2050, the world will have an estimated 9.8 billion people, a 2 billion increase in population from 2020. With a growing population, it is expected that there will be an increase in demand for protein food sources, and a significant amount of that demand will be for marine LITTLE CEDAR

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