Company Overview & Strategy slide image

Company Overview & Strategy

• • Investment Thesis • • Why Seafood? Healthy for people and the environment Attractive market demographics Under consumed vs. dietary guidelines = opportunity Versatile - the original protein alternative • • . • Why High Liner Foods? Over 120 years of seafood expertise A North American leader in value- added frozen seafood Broad market reach and market-leading brands Integrated North American operations supported by global seafood procurement expertise Diversified product portfolio Leader in innovation and sustainability • Why Now? Building on significant momentum from a transformative 2019 and resilient 2020 Completed early debt refinancing (Q4 2019) and subsequent re-pricing (Q1 2021), ample liquidity and strong balance sheet Well equipped to invest in our business and build upon our leadership in branded value-added seafood to drive further profitability and revenue growth Focus on continuous improvement, strategy execution and increased investment in operations to deliver additional EBITDA growth Well positioned to continue navigating through challenges presented by COVID-19 HIGH LINER FOODS 2021 High Liner Foods Incorporated 6
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