Investor Presentaiton slide image

Investor Presentaiton

ISI ICELAND SEAFOOD Q4 2020 Results Presentation to Investors and Analysts January ICELANDIC SEAFOOD Significant steps taken during challenging year to enhance future profit growth February elBa March COVID19 April HAVELOK Limited • Iceland Seafood Ibérica . Merger of Icelandic Iberica and IS Spain completed, Achernar Factory reforms started June ISI ICELAND SEAFOOD UK • Elba Acquisition completed, sourcing network strengthened with GPG Seafood and Icemar shareholding • Iceland Seafood Ibérica All production moved to Barcelona • Ecomsa Restructuring completed operation focused on local distribution -ESTO 1946- August CARR & SONS OF IRELAND • Havelok Acquisition of 33% minority stake from the company's management • Grimsby Investment in a 10.000m2 facility with 2000 mt cold store • Outbreak of Covid19 in Europe Significantly impacting sales in key markets November ecomsa es saber elegir PESCADOS Y MARISCOS • Havelok Renamed Iceland Seafood UK December Grimsby 2000 mt cold store . up and running • Carr & Sons LOI signed with Mondi Group, acquisition price €6.5m • Ecomsa Sale completed • Carr & Sons Acquisition completed • Bradford property sold Production moved to the new Grimsby factory • Achernar 800 mt cold store • up and running Oceanpath Acquisition of 33% minority stake from the Ecock family • Iceland Seafood UK Merger of Havelok & IS Barraclough completed, under the name of Iceland Seafood UK • Brexit Agreement signed 6
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