Clearwater Seafood - Economic Impact and Strategic Partnerships

Near Term Growth Drivers • · • Increased volume (including new product introductions) in Clam, Canadian Sea Scallops, Sea Cucumber, UK Whelk and live UK Brown Crab Strong global demand complimented by new market & distribution expansion and modest price improvements Margin expansion from, strong catch rates/lower cost per kilo (also associated with our renewed fleet), improved procurement as well as favorable species and size mix . Continued focus on cost reduction via high returning & modest CAPEX investments in automation and quality assurance Near-term balanced growth across multiple regions (led by APAC) and species (volume, sales mix and modest price improvements) Clearwater remarkable seafood, responsible choice 9

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