Investor Presentaiton

Advantages of ranching over land-based methods Ability to harvest any size, but OGA focus on 110-140mm, a size not currently seen in the market due to: • • Minimum size limits in traditional fisheries (>140mm); and ⚫ Too costly to produce in traditional land-based aquaculture systems. ✓ Ability to meet market specifications on demand, e.g. Chinese New Year. ✓ Ability to develop high-margin, niche markets. ✓ Low cost of production, compared to traditional land-based abalone aquaculture systems, resulting in higher margins: • • No feed costs; Negligible power costs; Low infrastructure costs; and Low cost of real estate. 1 Ocean Grown Abalone 20

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