Company Overview & Strategy

Presentation Notes Presentation Currency High Liner Foods ("the Company") reports its earnings and financial statements in USD. The Company's common shares trade on the TSX and are quoted in CAD and therefore references in this presentation to share price, dividends and market capitalization are in CAD. Non-IFRS Measures Certain non-IFRS financial measures and ratios are used when discussing the Company's financial performance that do not have a standardized meaning prescribed by IFRS, including "Standardized EBITDA", "Adjusted EBITDA", "Adjusted EBITDA as a Percentage of Sales", "Adjusted Net Income", "Adjusted Diluted Earnings Per Share", "Net Debt", "Net Debt to Rolling Twelve-Month Adjusted EBITDA" and "Return on Equity". Management believes these measures provide useful information to both management and investors in measuring the financial performance and condition of the Company. These measures may not be comparable to similarly titled measures presented by other publicly traded companies and should not be construed as an alternative to other financial measures determined in accordance with IFRS. All non-IFRS measures are reconciled to IFRS measures in our MD&A. HIGH LINER FOODS 2021 High Liner Foods Incorporated 3

View entire presentation