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Investor Presentaiton

ISI ICELAND SEAFOOD Inflation forecast Total, Annual growth rate (96), Q1 2020-Q4 2023 Show: Chart Table 10 9 7 0 • European and UK Economies Source: OECD Economic Outlook: Statistics and Projections fullscreen share download ▾ My pinboard ▼ Euro area (17 countries) United Kingdom Zozo Oz 03 04 2021 Oz 03 04 2022 02 03 04 2023 Oz 20 • • • Record-breaking inflation UK inflation hit 10.1% in Q4 2022 Eurozone peaked at 9.6% Iceland peaked at 9.7% • OECD forecast that inflation will slow in 2023 . and will end the year between 3.5% and 4.9% Record food inflation as cost increases are passed on to consumers. Significantly higher than CPI inflation Iceland 03 04 Eurozone currently 3.0% 2016 2018 2020 UK 4.0% 2022 3.5 2.5 2 1.5 1 0.5 Federal Reserve 4.75% 0 -0.5 2016 2018 2020 TRADINGECONOMICS.COM | EUROPEAN CENTRAL BANK 2016 2018 2020 LO 2022 5 TRADINGECONOMICS.COM BANK OF ENGLAND 3 2 1 Iceland 6.5% 0 2016 2018 2020 2022 5 4 3 TRADINGECONOMICS.COM | FEDERAL RESERVE 2022 2 1 0 8 TRADINGECONOMICS.COM | CENTRAL BANK OF ICELAND 2 0
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